Financial and Legal Literacy, Module-1 - Practice Mode

1) Financial literacy is understanding the way money is____________?.
Correct Answer: saved, spent & invested
2) Costly things that are not essential for our survival are _______.
Correct Answer: Luxuries
3) Things that are needed for survival are ______?.
Correct Answer: Needs
4) 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 _____.
Correct Answer: emergencies
5) Gopi spends his salary on movies, groceries, house rent and clothes. Where can he reduce his expenses to save some money?
Correct Answer: Movies
Previous Question Set Back to Question Sets Next Question Set
Try Another Topic
Try Another Quiz