wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

SECgurado ka na ba: Savings Island

Total questions: 9

Worksheet time: 7mins

Name
Class
Date
1.

What do you call the tax applied to the interest earnings in savings accounts?

a)

Withholding tax

b)

Income tax

c)

Value-added tax

d)

Real estate tax

2.

In the Philippines, this refers to the pooling of participants' money by means of daily, weekly, or monthly collections. There will be a drawing of lots to determine the order by which each of the members will receive their share. What is this system called?

a)

Pag-iipon

b)

Pag-asa

c)

Paluwagan

d)

Panawagan

3.

Based on the 2021 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas, a majority of Filipinos save for emergency situations. Which of the following is not considered a proper way of spending emergency funds?

a)

Paying for sudden medical bills.

b)

Buying the latest gadget in the market.

c)

Covering immediate home repairs after a typhoon.

d)

Paying for urgent repairs for the car you use for work.

4.

__________ is the agency that insures savings deposits in Philippine banks.

a)

Philippine Deposit Insurance Corporation

b)

Insurance Commission

c)

Securities and Exchange Commission

d)

Bangko Sentral ng Pilipinas

5.

What digital tool automatically transfers a portion of one's income to savings or to the payment of regular bills?

a)

Electronic Fund Transfers

b)

Auto Debit Arrangement

c)

Manual Bills Payment

d)

None of the above

6.

Which of the following characterizes a phishing email?

a)

Poor grammar and spelling errors

b)

Requests for personal or financial information

c)

Generic greetings like 'Dear Customer'

d)

All of the above

7.

If Pedro saves P10,000 in a savings account with a 1% annual interest rate, how much interest will he earn after one year, before taxes are applied?

a)

P100

b)

P500

c)

P1,000

d)

P1,200

8.

You received a text message saying you won P10,000 from a raffle you don't remember joining. To receive the prize, the text tells you to click a link and provide your bank details, including your pin. What should you do?

a)

Click the link and enter your details to claim the prize.

b)

Report the sender as spam and delete the message immediately.

c)

Forward the message to your friends and family to announce your win.

d)

Call the number to express your gratitude for the prize.

9.

Which among the following individuals could be a potential victim of scams?

a)

Anna, who hangs up after a call when asked to provide her bank details.

b)

Bernice, who immediately deletes emails from senders who claim to be banks.

c)

Carla, who clicks the links she receives and inputs her sensitive information in suspicious links.

d)

Diana, who deletes messages saying she won a raffle promo she did not join.