Money

Money

• Question 1 out of 10

  What is the most popular banknote in the world?

  50 Pound Sterling

  10,000 Singapore Dollar

  100 US Dollar

  50 Euro

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• Question 2 out of 10

  Which country was the first one to use printed paper currency in the world?

  China

  India

  England

  Germany

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• Question 3 out of 10

  What do we call a digital currency that does not exist in physical form and is not issued by a central authority?

  Virtual currency

  Cryptocurrency

  Bitcoin

  European dollar

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• Question 4 out of 10

  The benefit of owning investments that are diversified is that it:

  Increases return

  Reduces Risk

  Reduces tax liability

  Lowers your credit score

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• Question 5 out of 10

  The magnetic strip on credit cards was first introduced by which company?

  Mastercard

  CSC

  Cisco

  IBM

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• Question 6 out of 10

  Which bank account is likely to pay the highest interest rate on money saved?

  Saving

  Roth IRA

  Certificate of Deposit

  Checking

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• Question 7 out of 10

  Requesting a credit score every year lowers your credit.

  True

  False

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• Question 8 out of 10

  What was the highest bill that was ever printed was?

  $10,000

  $1,000

  $100

  $1,000,000

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• Question 9 out of 10

  When did the Federal Reserve start printing money?

  1920

  1785

  1913

  1812

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• Question 10 out of 10

  Where was the first bank of the United States established?

  Manhattan

  Washington, D.C.

  Philadelphia

  Boston

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