Duit Right Plus Quiz

Duit Right Plus Quiz

7th Grade - University

16 Qs

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Duit Right Plus Quiz

Duit Right Plus Quiz

Assessment

Quiz

Professional Development

7th Grade - University

Practice Problem

Hard

Created by

Eddy Yew

Used 10+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

When I think of traits of successful people, I think that they:

(You can pick multiple answers)

Earn a lot of money

Became famous

Have a lot of fans & followers

Work hard and earn it honestly

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

I think that the only way to earn money is to work in a job. Do you agree or disagree?

Agree

Disagree

3.

FILL IN THE BLANK QUESTION

1 min • 5 pts

_______ income is recurring income received from completed work and income-generating assets

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What are examples of passive income?

Royalties received from my published movie “Crash landing on Mars”

Receiving salary for my job as a farmer

Payment from customers buying bread from my bakery

Receiving payment when I'm selling my house

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Your friend, Aishah wants to open a bubble tea shop in the future.

What advice will you tell your friend so that she can save more money in the bank?

Start saving early with small amount

Start saving later with big amount

Get a loan from the bank

Borrow money from loan shark

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Aishah’s older brother, Arif saves RM 500.00 in the bank every year, for 2 years to buy a laptop.

The bank gives a compound interest rate of 3%. What is his total bank savings at the end of the 2nd year?

*He did not take out any money from his bank.

RM 515.00

RM 530.45

RM 1,030.00

RM 1,045.45

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

How do we maximise our investment returns?

By playing safe- Investing 100% in low-risk investments

By diversification- Investing 50% in low-risk and 50% high-risk investments

By diversification- Investing 100% in high-risk investments

By uniformity- Investing 100% in high-risk investments

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