Financial and Legal Literacy, Module-1 - Quiz

1) All financial activity can be done through a ___?.

Bank School College Workplace

2) Institution licensed by the government to keep money safe is _____.

Hospital Bank Panchayat Assembly

3) When a person deposits a fixed sum of money every over a fixed period of time, it is a _______ account.

Recurring Deposit Saving Account Current Account Fixed Deposit

4) Arya has joined a new company. They want him to open a ______so that they can credit his salary.

Fixed deposit Recurring deposit Salary account Current account

5) Avinash needs to know about his transactions from the last month. How can he get these details?

Passbook Debit Card Credit card Cheque book