Finacial literacy

Finacial literacy

1st - 2nd Grade

10 Qs

quiz-placeholder

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Finacial literacy

Finacial literacy

Assessment

Quiz

Other, Life Skills, Business

1st - 2nd Grade

Practice Problem

Medium

Created by

Sharon P

Used 167+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money can also be called as ....................

Paper

Bank

Currency

Vault

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Using money one can buy .............. &...............

Goods ,Service

Goods ,emotions

Goods, pencil

Teaching , services

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr. A went to the United States with his parents, which currency he must use to buy goods and services?

Indian Rupee

US Dollar

Rusian Ruble

Sterling Pound

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Miss. Smile is writing assignment, while writing her pencil's nip breaks. She asks her friend Miss. Pinto to give her a sharpener, in return Miss. smile promises her to give an eraser. What is this system of exchange known as?

Money system

Barter system

Sharing system

Paper money system

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Metal Money is also known as ...............

Coinage

Electronic money

Paper money

Plastic

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

First use of paper money happened in ...............

India

Sri Lanka

Namibia

China

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Mr. B was going to his friend's house to make him a payment of Rs. 100, his friend is in urgent need of money. On the way to his friend's house, someone stole Mr. B's wallet. Now Mr. B was really tensed as to how he will make payment to his friend. Is there any other way to make payment? Can you help Mr. B? (Mr. B has Rs. 500 in his bank Account)

Mr. B has no option left

Mr. B can make payment through cheque

Mr. B should search for his wallet

Mr. B should complain to police

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