Money And Finance

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PROFESOR NATIVO GRATIS COM

Money And Finance - Quiz

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  • 2. 

    If you have an overdraft (or if you are overdrawn), people often say that you are:

    • In the red

    • In the black

    • In the pink

    • In the blue

    Correct Answer
    A. In the red
    Explanation
    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'.

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  • 3. 

    When you take something back to the shop, you can change the article, or you can ask for a:

    • Receipt

    • Rebate

    • Return

    • Refund

    Correct Answer
    A. Refund
    Explanation
    '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.

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  • 4. 

    If you have financial problems, a common expression is that you have to:

    • Tighten your collar

    • Fasten your belt

    • Tighten your collar

    • Tighten your belt

    Correct Answer
    A. Tighten your belt
    Explanation
    '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'.

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  • 5. 

    An heir (pronounced 'air') is a person who receives, or is going to receive: 

    • A heritage

    • A heritance

    • An inherit

    • An inheritance

    Correct Answer
    A. An inheritance
    Explanation
    '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)

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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:

    • Benefits

    • Perks

    • Payments

    • Pensions

    Correct Answer
    A. Benefits
    Explanation
    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.

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  • 7. 

    How many of these are synonyms of the word 'rich'?

    • Well off

    • Wealthy

    • Cashed

    • Loaded

    Correct Answer(s)
    A. Well off
    A. Wealthy
    A. Loaded
    Explanation
    'To cash' is to exchange a cheque for cash = 'To cash a cheque'. 'Loaded' is a colloquial term for rich.

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  • 8. 

    How many of these refer to a sum of money that a bank lends you (which you have to give back with interest)?

    • Debt

    • Owe

    • Mortgage

    • Loan

    Correct Answer(s)
    A. Mortgage
    A. Loan
    Explanation
    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).

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  • 9. 

    How many of these are synonyms for the word 'poor'?

    • Hard up

    • Broke

    • Skint

    • Poorly

    Correct Answer(s)
    A. Hard up
    A. Broke
    A. Skint
    Explanation
    'Poorly' means that you are sick (not very seriously). 'Hard up' and 'Broke' are semi-colloquial. 'Skint' is UK slang.

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Quiz Review Timeline (Updated): Mar 21, 2022 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Dec 26, 2016
    Quiz Created by
    Jonathan Olliffe
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