Multiply India - Information on Financial Planning

Activity

Ishita and Pooja are arguing about whether Paper money is better or Plastic Money is better. These are some statements they made during the discussion. Can you identify which statement is true and which is false?

Question 1/6

If I have Rs. 1000 note in Kerala, the value of the note will not change if I take it to Rajasthan.

true

false

Question 2/6

Plastic Money is absolutely safe, no one can steal it.

true

false

Question 3/6

If the government decides that the Paper Money I have tomorrow is worthless, all my money will be useless and I will have to exchange them for new Paper Money at the bank immediately.

true

false

Question 4/6

If I use Debit Card to make payments, offers like cashback, reward points, etc will apply to me. This financial benefit is lacking when I use cash for payments.

true

false

Question 5/6

If I do not have enough money in my account, I can still use credit card to make payments and buy what I want.

true

false

Question 6/6

If I buy something on credit using my Credit Card, I should pay the bank on time. If I don’t, then I will be charged a lot of interest.

true

false

Activity Time

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Activity

Question 1/6

If I have Rs. 1000 note in Kerala, the value of the note will not change if I take it to Rajasthan.

true

false

Question 2/6

Plastic Money is absolutely safe, no one can steal it.

true

false

Question 3/6

If the government decides that the Paper Money I have tomorrow is worthless, all my money will be useless and I will have to exchange them for new Paper Money at the bank immediately.

true

false

Question 4/6

If I use Debit Card to make payments, offers like cashback, reward points, etc will apply to me. This financial benefit is lacking when I use cash for payments.

true

false

Question 5/6

If I do not have enough money in my account, I can still use credit card to make payments and buy what I want.

true

false

Question 6/6

If I buy something on credit using my Credit Card, I should pay the bank on time. If I don’t, then I will be charged a lot of interest.

true

false

Quiz Time

0/0 of the questions were answered correctly

Congratulations!

Congratulations, you’ve successfully completed this guide! Keep learning!

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Congratulations, you’ve successfully completed this guide! Keep learning!

Submit

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Types of Money – Activity

Activity

Question 1/6

If I have Rs. 1000 note in Kerala, the value of the note will not change if I take it to Rajasthan.

Question 2/6

Plastic Money is absolutely safe, no one can steal it.

Question 3/6

If the government decides that the Paper Money I have tomorrow is worthless, all my money will be useless and I will have to exchange them for new Paper Money at the bank immediately.

Question 4/6

If I use Debit Card to make payments, offers like cashback, reward points, etc will apply to me. This financial benefit is lacking when I use cash for payments.

Question 5/6

If I do not have enough money in my account, I can still use credit card to make payments and buy what I want.

Question 6/6

If I buy something on credit using my Credit Card, I should pay the bank on time. If I don’t, then I will be charged a lot of interest.

Activity Time

0/0 of the questions were answered correctly

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