Employability Skills MOCK TEST – 10
Module 8 : Financial and Legal Literacy
1. Paul just got hired and received his employment letter. He is supposed to read it carefully and sign as it is a .
2. Avinash needs to know about his last month transactions. How can he get these details?
3. Financial transactions can happen in
4. Gopi spends his salary on movies, groceries, house rent and clothes. Where can he reduce his expenses to save some money.
5. On a bank holiday, which of these methods cannot be used by Shahab for money transfer?
6. The price we pay for borrowing money is .
7. Which among these is not good saving habit?
8. All financial activity can be done through a .
9. Abhi wants to teach his 10 yr old daughter to save money from the pocket money she receives. Which option is the best?
10. Deductions should be paid from the .
11. Money borrowed from bank or a person is
12. RTI means
13. Priya’s mother had to undergo an expensive surgery. She was able to pay for it through her .
14. Sam opened a new shop. Which of these methods can he use to receive payments into his account?
15. Online banking is also called .
16. Costly things that are not essential for our survival are
17. Regular payment made by the employer to the employee is .
18. Online payment app used on mobile device is
19. The loan can be repaid in
20. Arya has joined a new company. They want him to open a account so that they can credit his salary.
21. Ravi went out shopping, but he forgot to carry his wallet. How can he pay for his bills?
22. When a person deposits a fixed sum of money every month, it is account
23. Sunitha earns ten thousand every month. She keeps two thousand aside. She will use this money in case of .
24. Indu booked her railway ticket from the website and paid using online banking. What type of transaction is it?
25. A square, black and a white code that can be scanned with the camera is a .
26. The government collects from the citizens.
27. Sudha just delivered a baby. For how can she take a maternity leave entitled to her as an employee?
28. Simon’s company calculated the income tax and paid on behalf of him. This is called .
29. Financial literacy is understanding the way money is ______________
30. Things that are needed for survival are .
31. Which among these is not a digital wallet?
32. The amount put aside without being spent is .
33. Institution licensed by the government to keep money safe is
34. Knowledge and awareness of laws is called
35. Pragathi downloaded the bank app on her mobile. She should not share her with anyone
36. Rajesh wants to save 6000 every year for his old age. How much should he save every month?
37. Online portal set up by the government to make any government related complaints is .
38. Money put aside for a big expense many years from now is saving
39. Rita wants to complete her higher education from a good university. Which loan should she apply for?
40. Jannu logged into her bank using her friend’s laptop. What should she do to the website?
41. Net banking is done on a computer through a .
42. Disha wants to pay money to the her loan account. How can she do it without going to the bank?
43. On Smartphone we can do mobile banking through .
44. We can use net banking for
45. Karthik has joined a new company. His salary is 3 lakh per year. This is his salary
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