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Basic of finance 2

Authored by Salvana Parveen

Financial Education

University

Used 1+ times

Basic of finance 2
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of a budget?

To keep track of income and expenses

To pay taxes

To open a bank account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ATM stand for?

Automatic Transfer Money

Automated Teller Machine

Account Transaction Method

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of an asset?

Car

Electricity bill

Loan repayment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the currency of Japan?

Dollar

Yuan

Yen

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you borrow money from a bank, what do you usually pay in return?

Discout

Interest

Dividend

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the full form of GDP?

General Domestic Price

Gross Domestic Product

Government Development Plan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is a type of investment?

Bus Ticket

Mutual Fund

Grocery

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