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Worksheets

Money Clash!

Total questions: 25

Worksheet time: 11mins

Name
Class
Date
1.

Which of these is NOT a form of digital money?

a)

UPI

b)

Cryptocurrency

c)

Debit card

d)

DIGI-FLOW

2.

Kaunsa factor currency ki value ko sabse zyada affect karta hai?

a)

Inflation

b)

Paper quality

c)

ATM colour

d)

Wallet design

3.

If time doubles (P and R same), SI will:

a)

Become half

b)

Become four times

c)

Become double

d)

Remain same

4.

Ravi invests ₹10,000 in a fixed deposit scheme that offers a 10%

interest rate per annum, compounded annually.

How much compound interest will Ravi earn after 2

years? 

a)

₹3,000

b)

₹2200

c)

₹1,500

d)

₹2,500

e)

₹2,100

5.

Why were coins introduced after barter?

a)

To improve arm strength

b)

To avoid carrying cows to the market

c)

To make noise while walking

d)

To look shiny in pockets

6.

In CI, interest for the second year is calculated on:

a)

Only principal

b)

Principal + first year’s interest

c)

Only first year’s interest

d)

Amount minus interest

7.

What is the full form of UPI ?


a)

Unified Payments Interface

b)

Uniform Payment Interface

c)

United Payment Interface

d)

Unique Payments Interface 

8.

What is the correct chronological order of the evolution of money?


a)

Metal Money → Paper Money → Commodity Money → Credit Money

b)

Commodity Money → Metal Money → Paper Money → Credit Money

c)

Paper Money → Credit Money → Metal Money → Commodity Money

d)

Credit Money → Paper Money → Metal Money → Commodity Money

9.

Which bank is recognized as the largest public sector bank in India by assets and market capitalization in 2026?


a)

Bank of Baroda (BoB)

b)

Punjab National Bank (PNB)

c)

State Bank of India (SBI)

d)

HDFC Bank

10.

Most people think the US Dollar or British Pound is the most valuable. However, as of early 2026, which of these is actually the world's highest-valued currency? 


a)

US Dollar (USD)

b)

British Pound (GBP)

c)

Kuwaiti Dinar (KWD)

d)

Swiss Franc (CHF)

11.

Which of the following was a major drawback of the barter system?

a)

Limited variety of goods available

b)

Inability to store wealth effectively

c)

Difficulty in finding a trading partner

d)

Lack of a common measure of value

e)

Fighting Between Traders

12.

If ₹500 is invested at an annual simple interest rate of 4% for 3 years, how much Amount will be earned?

a)

₹550

b)

560

c)

₹540

d)

₹600

e)

₹580

13.

What is the full form of NEFT?

a)

New Electronic Funds Transfer

b)

National Electronic Funds Transfer

c)

National Emergency Fund Transfer

d)

National Electronic Finance Transfer

14.

What does ATM stand for?

a)

Automatic Teller Machine

b)

Any Time Money

c)

All Time Machine

d)

All time Money

e)

Advanced Transfer Method

15.

Which bank is known as the central bank of India?

a)

CENTRAL BANK OF INDIA

b)

INDIAN BANK

c)

None of these

d)

STATE BANK OF INDIA

16.

At what annual rate of interest will a sum of money be thrice in 10 years?

a)

10%

b)

20%

c)

25%

d)

15%

e)

5%

17.

Warren Buffett strongly believes in:

a)

Daily buying and selling

b)

Quick trading

c)

Saving cash forever

d)

Long-term investment

18.

Which type of bank account is mainly used for daily transactions?

a)

Recurring Deposit Account.

b)

     Fixed Deposit Account

c)

Savings Account

d)

Current Account

e)

Daily Account

19.

What is the primary purpose of a credit score?

a)

To track spending habits

b)

To determine loan eligibility

c)

To calculate interest rates

d)

To manage bank accounts

20.

Which quality connects Ratan Tata with the power of compounding?

a)

Laziness

b)

Speed

c)

Persistence

d)

Fame

21.

When prices of goods rise but salary stays the same, the value of currency:

a)

Disappears

b)

Increases

c)

Decreases

d)

Doubles

22.

What is purchasing power?

a)

Power to print money

b)

Ability of money to buy goods/services

c)

Bank balance limit

d)

ATM speed

23.

Which app is officially developed by the Government of India/NPCI for UPI transactions?


a)

PhonePe

b)

Paytm

c)

BHIM

d)

Google Pay

e)

Paypal

24.

12%-35%+50%=?

a)

0.15

b)

0.27

c)

0.22

d)

0.40

25.

Cryptocurrency ko traditional money se alag kya banata hai?

a)

Government control kam ya nahi hota

b)

Free me milti hai

c)

Coins golden hote hain

d)

ATM se nikalti hai