Saving, budgeting, banking basics and digital payments.
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Q1 · Financial Literacy · EASY
Rajesh earns Rs 20,000 per month. He spends Rs 12,000 on household expenses, Rs 3,000 on rent, Rs 2,000 on transport, and Rs 1,500 on entertainment. How much money can he save each month?
Q2 · Financial Literacy · EASY
A savings bank account offers 4% simple interest per annum. If Priya deposits Rs 5,000 and does not withdraw any money, how much interest will she earn in one year?
Q3 · Financial Literacy · MEDIUM
Which of the following is the safest way to make an online payment using your smartphone?
Q4 · Financial Literacy · HARD
Anita wants to buy a laptop costing Rs 40,000. She has Rs 15,000 saved. She plans to save Rs 2,500 every month. However, the laptop price increases by Rs 2,000 after 6 months. In which month will Anita have enough money to buy the laptop if she starts saving from Month 1?
Q5 · Financial Literacy · EASY
Ramesh saves ₹150 from his monthly pocket money of ₹500. What percentage of his pocket money does he save?