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FinanceSAYA Day 3

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

Which financial tool protects money from inflation best?

a)

Savings account

b)

Cash

c)

Investments

d)

Piggy bank

2.

What is the main role of the central bank?

a)

Sell products

b)

Control money supply

c)

Collect rent

d)

Manage companies

3.

Which is a sign of a strong economy?

a)

High unemployment

b)

Low Gross Domestic Product

c)

Stable prices

d)

Falling production

4.

The rule of 72 estimates:

a)

Tax rates

b)

Loan payments

c)

Time to double money

d)

Stock price

5.

What increases when demand rises but supply stays the same?

a)

Prices

b)

Wages

c)

Taxes

d)

Savings

6.

Financial literacy mainly helps people:

a)

Spend more

b)

Make better money decisions

c)

Become famous

d)

Start political debates

7.

Financial planning starts with:

a)

Investing immediately

b)

Setting goals

c)

Borrowing money

d)

Paying bills

8.

Depreciation refers to:

a)

Asset gaining value

b)

Asset losing value

c)

Paying a loan early

d)

Price of imports

9.

A budget surplus means:

a)

Expenses > income

b)

Income > expenses

c)

No savings

d)

Borrowing increases

10.

Borrowing cost is called:

a)

Profit

b)

Capital

c)

Interest

d)

Equity