Money And Finance
12 Questions
| Attempts: 1054
PROFESOR NATIVO GRATIS COM
Questions and Answers
- 1.
If you have an overdraft (or if you are overdrawn), people often say that you are:
- A.
In the red
- B.
In the black
- C.
In the pink
- D.
In the blue
Correct Answer
A. In the redExplanation
When you are overdrawn, your account is in negative figures (with permission or not = planned or unplanned overdraft). You say you are 'in the red'. When you are in positive figures, it is said that you are 'in the black'.Rate this question:
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- 2.
If you have financial problems, a common expression is that you have to:
- A.
Tighten your collar
- B.
Fasten your belt
- C.
Tighten your collar
- D.
Tighten your belt
Correct Answer
D. Tighten your beltExplanation
'Fasten your belt' is what you do when your aeroplane is about to take off. To cut back on your expenses is to 'tighten your belt'.Rate this question:
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- 3.
How many of these are synonyms of the word 'rich'?
- A.
Well off
- B.
Wealthy
- C.
Cashed
- D.
Loaded
Correct Answer(s)
A. Well off
B. Wealthy
D. LoadedExplanation
'To cash' is to exchange a cheque for cash = 'To cash a cheque'. 'Loaded' is a colloquial term for rich.Rate this question:
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- 4.
An heir (pronounced 'air') is a person who receives, or is going to receive:
- A.
A heritage
- B.
A heritance
- C.
An inherit
- D.
An inheritance
Correct Answer
D. An inheritanceExplanation
'Heritage' is a common patrimony (The United Nations awards special historical sites as 'World Heritage Sites'). 'Heritance' does not exist. 'To inherit' is the verb = to receive an inheritance)Rate this question:
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- 5.
When you take something back to the shop, you can change the article, or you can ask for a:
- A.
Receipt
- B.
Rebate
- C.
Return
- D.
Refund
Correct Answer
D. RefundExplanation
'A receipt' is what you are given when you buy something. You need it to 'return' (= take back) something to the shop. 'A rebate' is a discount.Rate this question:
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- 6.
In many countries the state pays you because you are unemployed, because you have children, a disability or old age. These are known as:
- A.
Benefits
- B.
Perks
- C.
Payments
- D.
Pensions
Correct Answer
A. BenefitsExplanation
A pension is for people who have retired. A payment is a general term when you pay somebody. Perk is something you are given by your company apart from the salary (company car, free meals, nursery...). Benefits is the name given to all state subsidies.Rate this question:
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- 7.
How many of these are synonyms for the word 'poor'?
- A.
Hard up
- B.
Broke
- C.
Skint
- D.
Poorly
Correct Answer(s)
A. Hard up
B. Broke
C. SkintExplanation
'Poorly' means that you are sick (not very seriously). 'Hard up' and 'Broke' are semi-colloquial. 'Skint' is UK slang.Rate this question:
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- 8.
Euros, Pounds, Dollars, Reals and Pesos are all...
- A.
Notes
- B.
Coins
- C.
Currencies
- D.
Moneys
Correct Answer
C. CurrenciesExplanation
'Moneys' does not exist. Notes are paper money and Coins metal money.Rate this question:
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- 9.
How many of these refer to a sum of money that a bank lends you (which you have to give back with interest)?
- A.
Debt
- B.
Owe
- C.
Mortgage
- D.
Loan
Correct Answer(s)
C. Mortgage
D. LoanExplanation
A loan is when the bank lends you money for a car, a holiday or to set up a company. A mortgage is speciically a loan to buy a house. Until you pay back the loan you are in (or have a) debt. This means you owe money (verb).Rate this question:
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Current Version
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Mar 21, 2022Quiz Edited by
ProProfs Editorial Team -
Dec 26, 2016Quiz Created by
Jonathan Olliffe
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