CASHLESS SOCIETY

1. 1. What is the meaning of the word "cashless"?

• A. Using only coins and paper money

• B. Having no access to banks

• C. Making transactions without using physical money

• D. Saving money in the form of cash

2. 2. A "transaction" is best described as:

• A. A financial crime

• B. A conversation between two people

• C. The process of buying or selling something

• D. An online advertisement

3. The word "currency" refers to:

• A. A type of online banking

• B. The official money used in a country

• C. An illegal payment

• D. A mobile banking app

4. What is a synonym of "convenience"?

• A. Difficulty

• B. Privacy

• C. Ease

• D. Obstacle

5. Why is cashless payment considered more convenient?

• A. It increases privacy

• B. It avoids the need to carry physical money

• C. It guarantees better interest rates

• D. It helps people make more money

6. What does the word "thief" mean?

• A. A person who works in a bank

• B. A person who sells products

• C. A person who steals things

• D. A person who makes transactions

7. In the article, "money laundering" refers to?

• A. Washing old money to make it clean

• B. Sending money overseas for charity

• C. Hiding the illegal origin of money

• D. Exchanging foreign currencies legally

8. What does it mean to evade taxes?

• A. To pay more than necessary

• B. To avoid paying taxes illegally

• C. To report all income to the government

• D. To save money in a bank

9. Which word means no longer useful or outdated?

• A. Obsolete

• B. Secure

• C. Modern

• D. Expensive

10. If something is described as a glitch, what does it mean?

• A. A serious problem in the law

• B. A small error or technical issue

• C. A good feature of a system

• D. A type of security