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Quiz of the Week by Malsar
Theme : Money Smart
Week:
2
Score :
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Q1. What does UPI stand for?
1) Unified Payments Interface
2) Universal Payment Initiative
3) United Payment Index
4) Unified Pay International
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Q2. Which Indian bank launched the first UPI app?
1) HDFC Bank
2) ICICI Bank
3) Axis Bank
4) SBI
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Q3. What is the maximum gold jewellery purchase you can make without PAN card details in India?
1) ₹50,000
2) ₹1 lakh
3) ₹2 lakh
4) ₹5 lakh
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Q4. Which of these is a safe investment option backed by the Government of India?
1) Equity mutual funds
2) Sovereign Gold Bonds
3) Crypto tokens
4) Penny stocks
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Q5. Which day is celebrated as World Savings Day?
1) March 15
2) October 31
3) July 1
4) December 12
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Q6. What is the minimum age to open a Public Provident Fund (PPF) account in India?
1) 10 years
2) 12 years
3) 15 years
4) No age limit (through guardian)
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Q7. Which digital wallet was the first in India?
1) PhonePe
2) Paytm
3) FreeCharge
4) MobiKwik
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Q8. Which insurance is mandatory for all vehicles in India?
1) Life insurance
2) Third‑party motor insurance
3) Accident insurance
4) Personal health insurance
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Q9. The symbol ₹ was adopted as the Indian Rupee sign in which year?
1) 2005
2) 2008
3) 2010
4) 2012
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Q10. SIP stands for?
1) Systematic Investment Plan
2) Secure Investment Policy
3) Savings in Percentage
4) Safe Interest Plan
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