Module Name : Financial and Legal Literacy

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EMPLOYABILITY SKILLS QUESTION BANK 2022-2023 Module Name : Financial and Legal Literacy

 

Question 1 of 45

1. Indu booked her railway ticket from the website and paid using online banking. What type of transaction is it?
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Question 2 of 45

2. Which among these is NOT a digital wallet?
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Question 3 of 45

3. Things that are needed for survival are _______.
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Question 4 of 45

4. Sam opened a new shop. Which of these methods can he use to receive payments into his account?
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Question 5 of 45

5. Institution licensed by the government to keep money safe is _____.
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Question 6 of 45

6. Online banking is also called _____.
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Question 7 of 45

7. Simon's company calculated the income tax and paid on behalf of him. This is called ____.
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Question 8 of 45

8. Money borrowed from bank or a person is called ____.
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Question 9 of 45

9. A ________ is a square, black and white code that you can scan with the camera and use.
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Question 9 of 45

Question 10 of 45

10. What can we use net banking for?
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Question 10 of 45

Question 11 of 45

11. Avinash needs to know about his transactions from the last month. How can he get these details?
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Question 11 of 45

Question 12 of 45

12. All financial activity can be done through a ____.
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Question 13 of 45

13. Disha wants to repay her loan. How can she do it without going to the bank?
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Question 14 of 45

14. On a bank holiday, which of these methods cannot be used by Shahab for money transfer?
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Question 15 of 45

15. Regular payment made by the employer to the employee is ___.
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Question 16 of 45

16. Net banking is done on a computer through a _________.
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Question 17 of 45

17. What is the benefit of paying money regularly for an insurance plan?
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Question 18 of 45

18. Money put aside for a big expense many years from now is ____ savings.
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Question 19 of 45

19. Priya wants to purchase a bike. Which loan should she apply for?
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Question 20 of 45

20. We can use _________to do mobile banking on a smartphone.
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Question 21 of 45

21. Costly things that are not essential for our survival are ______.
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Question 22 of 45

22. Sunitha earns Rs.10,000 every month. After setting a monthly budget amount, she is able to save Rs. 2000 every month. She will use this money in case of _____.
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Question 22 of 45

Question 23 of 45

23. What is an easy and quick way to make online payments?
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Question 23 of 45

Question 24 of 45

24. Paul just got hired and received his employment letter. He is supposed to read it carefully and sign as it is a ____.
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Question 25 of 45

25. The amount put aside without being spent is ____.
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Question 26 of 45

26. The government collects ____ from the citizens.
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Question 27 of 45

27. Which saving option would you choose to buy an expensive bike you have always wanted?
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Question 28 of 45

28. Pragathi downloaded the bank app on her mobile. What should she not share with anyone?
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Question 28 of 45

Question 29 of 45

29. The extra amount we pay for borrowing money is _____.
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Question 30 of 45

30. Arya has joined a new company. They want him to open a ______ so that they can credit his salary.
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Question 31 of 45

31. Rajesh wants to save Rs. 6000 every year for his old age. How much should he save every month?
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Question 31 of 45

Question 32 of 45

32. Deductions should be paid from the ___.
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Question 33 of 45

33. Gopi spends his salary on movies, groceries, house rent and clothes. Where can he reduce his expenses to save some money?
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Question 34 of 45

34. Karthik has joined a new company. His salary is Rs. 3 lakhs per year. This is his ____salary.
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Question 35 of 45

35. When a person deposits a fixed sum of money every over a fixed period of time, it is a _____ account.
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Question 36 of 45

36. Sudha just delivered a baby. For how long Is she entitled to take a maternity leave as an employee?
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Question 36 of 45

Question 37 of 45

37. Which of the following are ways to conduct a digital transaction?
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Question 38 of 45

38. Knowledge and awareness of laws is called ____ .
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Question 39 of 45

39. Financial literacy is understanding the way money is ___________.
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Question 40 of 45

40. Rita wants to complete her higher education from a good university. Which loan should she apply for?
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Question 41 of 45

41. Jaya used her friend's laptop to log into her bank account. What should she do before giving the laptop back?
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Question 42 of 45

42. Abhi wants to teach his 10-year-old daughter to save money from the pocket money she receives every month. Which option is the best?
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Question 43 of 45

43. RTI means_________.
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Question 43 of 45

Question 44 of 45

44. Online portal set up by the government to make any government related complaints is ___.
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Question 44 of 45

Question 45 of 45

45. What can you do with online banking?
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Question 45 of 45


 

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