quiz

Financial Literacy Quiz

Difficulty Level :
15 Questions

Popular Questions In Financial Literacy Quiz

  • If your monthly income is ₹30,000 and your expenses are ₹24,000, what does the remaining amount represent?

  • Which expense is most likely to change every month?

  • Paying the minimum due on a credit card mainly results in:

  • Which option usually offers better long-term returns?

  • What is the main purpose of an emergency fund?

  • Why is diversification important in personal investments?

  • Which of the following best improves a person’s credit score?

  • Which situation best describes opportunity cost?

  • A higher interest rate on a loan means:

  • If your income increases but your savings stay the same, what does it indicate?

  • Which factor most affects the total cost of a loan?

  • Which of the following is an example of passive income?

  • Why is insurance important in financial planning?

  • Which habit helps most in achieving long-term financial goals?

  • What does a higher credit utilization ratio indicate?