WorksheetsFinancial Literacy Quiz
Total questions: 18
Worksheet time: 9mins
We should keep our savings with banks because
It is safe
Earns interest
Can be withdrawn anytime
All of above
ATM password to be shared only with
Spouse
Obedient son
Obedient daughter
None of above
KYC means
Know your customer
Know your character
Both of above
None of above
Loans from money lenders are
With High rate of interest
No proper accounting
No transparency
All of above
Life insurance means
Insurance of human
Insurance of life of human and Cattle
Insurance of Life of Machines
All of above
General Insurance relates to insurance against
Fire
Theft
Burglary
All of above
Bank provides loans for
Home
Car
Education
All of above
Which currency note has security thread?
Rs.50/-
Rs.100/-
Rs.500/-
All of above
The safest place for keeping money
A pit dug in the ground
An iron box
Bank
Money lender
Gold and silver ornaments should be kept in bank lockers
It is safe
No risk of theft
Both (a) & (b)
None of above
Bank Pass Book is
Issued by Bank
Contains transaction details of Bank account
Shows balance in account
All of above
Banks pays interest on
Deposits
Loans
Both (a) & (b)
None of above
Bank charges interest on
Deposits
Loans
Both (a) & (b)
None of above
Internet banking refers to
Operation of account through internet
Opening of account through ATM
Both (a) & (b)
None of above
ATM can be used for
Cash withdrawal
Account enquiry
Statement of account
All of above
What is RuPay Debit Card?
Domestic debit card
Introduced by National Payments Corporation of India
Accepted at all ATMs & PoS machines
All of above
Aadhaar is
12 digit number card
Identity proof issued by UIDAI
Both (a) & (b)
None of above
PAN means
A kind of utensil
Primary Account Number
Permanent Account Number
None of above
