[ays_quiz id='30']
FINANCIAL & LEGAL LITERACY ITI MOCK TEST EMPLOYABILITY ELECTRICIAN 1ST YEAR EMPLOYABILITY SKILL (1st year) : FINANCIAL & LEGAL LITERACY 1 / 35 Paul just got hired and received his employmentletter. He is supposed to read it carefully andsign as it is a ____. Poster Marks card Certificate Legal binding document 2 / 35 Online portal set up by the government tomake any government related complaints is___. Public grievances porta Public informing portal Place grievances portal Public information portal 3 / 35 Sudha just delivered a baby. For how longIs she entitled to take a maternity leave asan employee? One year 26 weeks 2 months 5 months 4 / 35 RTI means_________. Road Transport Institute Right to Information Right to Insurance Right to Inform 5 / 35 Financial literacy is understanding theway money is ___________. spent saved invested saved, spent & invested 6 / 35 Things that are needed for survival are _______. Wants Savings Expenses Needs 7 / 35 Institution licensed by the government tokeep money safe is _____. Bank Panchayat Assembly Hospital 8 / 35 Costly things that are not essential forour survival are ______. Money Savings Needs Luxuries 9 / 35 What can you do with online banking? Open a bank account Get details of all the transactions Send money to someone All of these 10 / 35 When a person deposits a fixed sum of moneyevery over a fixed period of time, it is a _____account. Saving Account Fixed Deposit Recurring Deposit Current Account 11 / 35 A ________ is a square, black and white codethat you can scan with the camera and use. Password OTP User ID QR Code 12 / 35 Pragathi downloaded the bank app on hermobile. What should she not share withanyone? MPIN Password OTP All of these 13 / 35 Disha wants to repay her loan. How can shedo it without going to the bank? Open bank account Online transfe Withdraw from ATM Close account 14 / 35 Arya has joined a new company. They want himto open a ______ so that they can credit hissalary. Recurring deposit Salary account Fixed deposit Current account 15 / 35 We can use _________to do mobilebanking on a smartphone. Mobile banking app Gaming app Weather app Passbook 16 / 35 Online banking is also called _____. Office banking Home banking Self banking Net banking 17 / 35 Indu booked her railway ticket from thewebsite and paid using online banking. Whattype of transaction is it? Cheque payment Credit Digital transaction Cash Payment 18 / 35 Avinash needs to know about his transactionsfrom the last month. How can he get thesedetails? Debit Card Cheque book Passbook Credit card 19 / 35 All financial activity can be done through a ____. School College Workplace Bank 20 / 35 Karthik has joined a new company. His salary isRs. 3 lakhs per year. This is his ____salary. Monthly Basic Gross Net 21 / 35 Gopi spends his salary on movies, groceries,house rent and clothes. Where can he reducehis expenses to save some money? Movies Clothes Groceries House rent 22 / 35 Priya wants to purchase a bike. Which loanshould she apply for? Auto loan Education loan Home loan Personal loan 23 / 35 Which saving option would you choose to buyan expensive bike you have always wanted? Emergency savings Goal savings Long term savings None of these 24 / 35 What is the benefit of paying money regularly foran insurance plan? It covers travel expenses It provides free entertainment. It increases monthly savings It helps us manage emergency situations 25 / 35 On a bank holiday, which of these methodscannot be used by Shahab for moneytransfer? BHIM app Deposit at the bank branch Amazon pay Google pay 26 / 35 What is an easy and quick way to make onlinepayments? Cash on delivery Digital wallets Going to the bank Cheque payment 27 / 35 The government collects ____ from the citizens. Tax Loan Conveyance Deductions 28 / 35 Which among these is NOT a digital wallet? MobiKwik PhonePe Internet explorer Paytm 29 / 35 Money borrowed from bank or a person is called____. Gift Tax Loan Interest 30 / 35 Rajesh wants to save Rs. 6000 every year for hisold age. How much should he save every month? 100 500 6000 170 31 / 35 The amount put aside without being spentis ____. Bill Tax Savings Deductions 32 / 35 Abhi wants to teach his 10-year-old daughter tosave money from the pocket money she receivesevery month. Which option is the best? Piggy Bank Fixed Deposit Salary Account None of these 33 / 35 Rita wants to complete her higher educationfrom a good university. Which loan shouldshe apply for? Personal loan Auto loan Home loan Education loan 34 / 35 The extra amount we pay for borrowing moneyis _____. Hidden charges Interest Processing charges Loan 35 / 35 Knowledge and awareness of laws is called ____. Digital literacy Financial literacy Legal literacy English literacy Your score isThe average score is 0% 0% Restart quiz