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Financial Literacy Quiz

Authored by Elisha Olusegun

Financial Education

1st Grade

Used 1+ times

Financial Literacy Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income do royalties represent?

Bad

Good

Passive

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of income do we not work for actively?

Active

Sleep

Passive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By creating online content, you can earn what type of income?

Bad

Good

Passive

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rent is a reward for what?

Investment

Book

Land

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you call putting money into your bank account?

Withdrawal

Deposit

Interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you always prioritize over wants?

Needs

Wants

Cravings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Needs are things that are necessary for what?

Survival

Cravings

Taste buds

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