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Financial Literacy Group 4

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

Why is Financial Literacy taught in Classes?

a)

To make fun of it

b)

To make students lazy

c)

To teach students the importance of money management

d)

waste of money and time

2.

What are the three main components of financial literacy?

a)

An Up-to-Date Budget

b)

Dedicated Savings

c)

ID Theft Prevention

d)

All of the above

3.

What is the most important Financial Literacy?

a)

APR(Annual Percentage Rate)

b)

It saves your money

c)

It gives you credit

d)

All of these

4.

What is the basic rule of financial literacy?

a)

to waste money

b)

to know how to manage your money

c)

to waste time

d)

None of these

5.

How can we teach students about Financial Literacy?

a)

Its a baseless thing to teach them

b)

From Books, Videos, Government Websites Etc.

6.

Why is Financial Literacy important for Youth?

a)

It don't helps in Youth

b)

It helps in business

c)

To save money for special goals

7.

What age you should be debt free?

a)

by retirement age

b)

20-25

c)

Teenager

d)

Do it on any age

8.

What are the components of Financial Literacy

?

a)

Earning

b)

Saving and Investing

c)

Spending, borrowing

d)

All of These