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WorksheetsFinancial Literacy Money Marvel Quiz
Total questions: 15
Worksheet time: 8mins
When the demand is high for an item, the price of the item will?
Decrease
Increase
Remain the same
None of the above
Which of these denotes the word scarcity?|
When there is too much of something
When there is too many of something
When is there is not enough of something
When you are afraid to lose all your money
Deciding how to spend your money before you actually spend it denotes which among the following terms?
Accounting
Budgeting
Expending
Encashing
Which of the following is considered an advantage to using a debit card to make purchases?
Debit cards are convenient and easy to carry around.
Purchases can be made quickly and easily.
You can go to any ATM to get cash.
All the above
Which among the following denotes credit?
Receiving goods/services now and paying for them later
The process of depositing the savings the day you received it
Having ownership of a company
Accumulating money each month for emergencies
What do we call a fee or a charge that is collected for using someone's money?
Deposit
Interest
Loan
Cheque
Which is the official currency of the United Kingdom?
Euros
Pound
Pound Sterling
Dollar
By using which of these, money gets debited/withdrawn instantly from one's savings account?
Ration Card
Credit Card
Debit Card
None of the above
What is defined as the amount of money a business makes after its expenses are paid?
Gain/Profit
Deficit/Loss
Depreciation
Capital/Investment
Which of the following scenarios demonstrates a good budgeting practice?
Tom's monthly income is less than his monthly expenses.
Jerry’s monthly taxes are equal to her monthly expenses.
Mickey spends less money each month than he earns at his job.
Batman spends more money each month than he earns at his job.
Which of the following is NOT something a financial institution can do?
Keep your money safe
Provide a small percent of interest for your savings account
Tell you how you have to spend your money
Providing you Loan money to be repaid with interest
Which of these is a VARIABLE expense not a fixed one?
Which of the following currency notes got demonetized and no longer is a valid tender?|
Who can open a bank account?
Indian Citizen
Non-Resident Indian
Illiterate
All the above
This king issued a coin of silver which was termed the Rupiya. This weighed 178 grains and was the precursor of the modern rupee. It remained largely unchanged till the early 20thCentury. Together with the silver Rupiya were issued gold coins called the Mohur weighing 169 grains and copper coins called Dam.
Babur
Akbar
Sher Shah Suri
Bahadur Shah Zafar
