This quiz works best with JavaScript enabled. Home > Cbse > Class 1 > Mathematics > Money > Class 1 Maths Chapter 12 Money – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 1 Maths Chapter 12 Money Quiz 1 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ₹ 1 = ..... paise A) 1000 p. B) 200 p. C) 100 p. D) 10 p. Show Answer Correct Answer: C) 100 p. 2. Two notes of ₹ 20 make ₹ ..... A) ₹ 40. B) ₹ 250. C) ₹ 200. D) ₹ 2. Show Answer Correct Answer: A) ₹ 40. 3. $ 3.85 + $ 4.2 = $ ..... A) $ 8.05. B) $ 7.05. C) 8.50. D) None of the above. Show Answer Correct Answer: A) $ 8.05. 4. Rupees note is equal to ..... ? A) 5 notes of 10 rupees. B) 20 notes of 10 rupees. C) 4 notes of 50 rupees. D) 10 notes of 10 rupees. Show Answer Correct Answer: D) 10 notes of 10 rupees. 5. Three notes of ₹ 1 + two notes of ₹ 2 = ..... A) ₹ 11. B) ₹ 7. C) ₹ 10. D) ₹ 10. Show Answer Correct Answer: B) ₹ 7. 6. ₹ 50+ ₹ 20 + ₹ 5 A) ₹ 75. B) ₹ 70. C) All the above. D) None of the above. Show Answer Correct Answer: A) ₹ 75. 7. Full form of ATM A) Automated Teller Money. B) All Time Money. C) Automated Teller Machine. D) None of the above. Show Answer Correct Answer: C) Automated Teller Machine. 8. Which emperor first issued a coin called the Rupya? A) Alauddin Khilji. B) Ashoka. C) Sher Shah Suri. D) None of the above. Show Answer Correct Answer: C) Sher Shah Suri. 9. How many 50 paise coins are there in the 10 rupee note? A) 30 coins. B) 25 coins. C) 35 coins. D) 20 coins. Show Answer Correct Answer: D) 20 coins. 10. Which note is not there in India A) 10 rupees. B) 1000 rupees. C) 20 ruppes. D) 50 rupees. Show Answer Correct Answer: B) 1000 rupees. 11. RM700-RM350-RM150 A) RM250. B) RM350. C) RM200. D) None of the above. Show Answer Correct Answer: C) RM200. 12. Choose the correct amounta)50 Rupees + 20 Rupees = ..... Rupees A) 50. B) 70. C) All the above. D) None of the above. Show Answer Correct Answer: B) 70. 13. How many bleed lines are there in 2000 rupee note? A) 8. B) 7. C) 9. D) None of the above. Show Answer Correct Answer: B) 7. 14. Which Indian Freedom fighters image is posted on all notes of India. Name him ..... A) Jawaharlal Nehru. B) Mahatma Gandhi. C) Sonia Gandhi. D) King Ram Mohan Roy. Show Answer Correct Answer: B) Mahatma Gandhi. 15. Is money that something that we earn?? A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: A) Yes. 16. Coin has ..... sides. A) 3. B) 2. C) 1. D) None of the above. Show Answer Correct Answer: B) 2. 17. Is this a wise way to spend money?:Buying the most expensive option. A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: B) No. 18. What are the two sides of a coin called as? A) Front side and Reverse side. B) Heads and Trees. C) Heads and Tails. D) None of the above. Show Answer Correct Answer: C) Heads and Tails. 19. Car = Rs 100Toy = Rs 200Pen = Rs 300Total amount is A) 700. B) 500. C) 600. D) 400. Show Answer Correct Answer: C) 600. 20. A chocolate cost Rs 12.You paid Rs 20.How much money will you get back. A) 12. B) 6. C) 10. D) 8. Show Answer Correct Answer: D) 8. 21. Raju buys a Teddy Bear for ₹ 10 & a toy car for ₹ 50. What is the total amount of money he spends altogether? A) ₹ 70. B) ₹ 60. C) ₹ 40. D) ₹ 50. Show Answer Correct Answer: B) ₹ 60. 22. Who has the legal authority to issue currency coins of all denomination in India? A) Reserve Bank of India. B) State Bank of India. C) Government of India. D) None of the above. Show Answer Correct Answer: C) Government of India. 23. ₹ 56 in words can be written as ..... A) Rupees Fifty-six. B) Fifty-six rupees. C) Fivety-six rupees. D) None of the above. Show Answer Correct Answer: B) Fifty-six rupees. 24. Three notes of ₹ 5 make ₹ ..... A) ₹ 5. B) ₹ 55. C) ₹ 15. D) ₹ 50. Show Answer Correct Answer: C) ₹ 15. 25. 5 notes of 50 will make? A) 250. B) 500. C) 1000. D) 150. Show Answer Correct Answer: A) 250. 26. Spending always on candies and chocolates ..... A) Wise. B) Not wise. C) All the above. D) None of the above. Show Answer Correct Answer: B) Not wise. 27. Subtract 60.5 Rs from 100.5 Rs A) 23.6. B) 40 Rs. C) 15.5 Rs. D) 23 Rs. Show Answer Correct Answer: B) 40 Rs. 28. RM65 + RM 35 + RM25= A) RM125. B) RM135. C) RM115. D) None of the above. Show Answer Correct Answer: A) RM125. 29. The Indian currency is known as ..... A) Rupee. B) Euros. C) Won. D) None of the above. Show Answer Correct Answer: A) Rupee. 30. The Indian currency notes bear the signature of ..... A) The Prime Minister. B) The President. C) RBI Governor. D) None of the above. Show Answer Correct Answer: C) RBI Governor. 31. A toy car cost Rs 100 and a pen cost Rs 40.How much you need to pay to buy these stuff? A) 140. B) 150. C) 120. D) 200. Show Answer Correct Answer: A) 140. 32. Rita has Rs 50 in her purse and her father gave her more Rs. 10. How much total money she has now in her purse A) ₹ 50. B) ₹ 75. C) ₹ 40. D) ₹ 60. Show Answer Correct Answer: D) ₹ 60. 33. RM 300 + RM400-RM200= A) RM400. B) RM300. C) RM500. D) None of the above. Show Answer Correct Answer: C) RM500. 34. The cost of ice creams is Rs 50 and eraser is Rs 5.Total amount paid is A) 60. B) 45. C) 55. D) 50. Show Answer Correct Answer: C) 55. 35. Sam had ₹ 80.He purchased a pen for ₹ 45.How much money was left with him? A) Rupees 25. B) Rupees 45. C) Rupees 55. D) Rupees 35. Show Answer Correct Answer: D) Rupees 35. 36. Which of the following note does not exist in Indian currency? A) Rupees 10. B) Rupees 50. C) Rupees 2000. D) Rupees 1000. Show Answer Correct Answer: D) Rupees 1000. 37. One rupee is equal to ..... paise. A) 1000. B) 1. C) 100. D) 10. Show Answer Correct Answer: C) 100. 38. How many pennies is the same value as one dime? A) 100 pennies. B) 5 pennies. C) 15 pennies. D) 10 pennies. Show Answer Correct Answer: D) 10 pennies. 39. Divide rs 16.40 with 4 A) 4.10 Rs. B) 4.30 Rs. C) 4.20 Rs. D) 4.50 Rs. Show Answer Correct Answer: A) 4.10 Rs. 40. Divide 25 Rs by 5 Rs A) 20 rs. B) 10 rs. C) 5 rs. D) 255 rs. Show Answer Correct Answer: C) 5 rs. 41. 1Rupee= ..... paise. A) 10paise. B) 100 paise. C) 1000paise. D) None of the above. Show Answer Correct Answer: B) 100 paise. 42. A spinner cost Rs 30 and a toy gun cost Rs 60.Amount payable is A) 70. B) 100. C) 90. D) 89. Show Answer Correct Answer: C) 90. 43. Count and write the total money.10Rs+5Rs+5Rs A) 15Rs. B) 20rs. C) 10Rs. D) None of the above. Show Answer Correct Answer: B) 20rs. 44. Indian currency in available in the ..... ? A) Notes and plastic coins. B) Paper notes and metal coins. C) Mental notes and plastic coins. D) Plastic notes and plastic coins. Show Answer Correct Answer: B) Paper notes and metal coins. 45. Who designed the Indian currency symbol? A) Mahatma Gandhi. B) Narendra Modi. C) D. UDAYA KUMARA. D) None of the above. Show Answer Correct Answer: C) D. UDAYA KUMARA. 46. How many pennies in a nickel? A) 10 pennies. B) 5 pennies. C) 25 pennies. D) 6 pennies. Show Answer Correct Answer: B) 5 pennies. 47. Is this a wise way to spend money?:Putting money in a jar or in a savings account at the bank to use in the future. A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: A) Yes. 48. Four notes of ₹ 100 make ₹ ..... A) ₹ 400. B) ₹ 100. C) ₹ 300. D) None of the above. Show Answer Correct Answer: A) ₹ 400. 49. $ 28-$ 10 = $ ..... A) 38. B) 28. C) 18. D) None of the above. Show Answer Correct Answer: C) 18. 50. How much is a penny? A) 5 cents. B) 10 cents. C) 25 cents. D) 1 cent. Show Answer Correct Answer: D) 1 cent. 51. What are the names of the 4 coins we learned about? A) Penny, Jenny, Lenny, and Denny. B) Penny, Nickel, Dime, and Quarter. C) Penny, Dollar, Coin, and Bill. D) Quarter, Porter, Dime, and Slime. Show Answer Correct Answer: B) Penny, Nickel, Dime, and Quarter. 52. Symbol of rupee is ..... A) #. B) ₹. C) $. D) @. Show Answer Correct Answer: B) ₹. 53. Two 50 rupees notes make A) 200 rupees. B) 80 rupees. C) 70 rupees. D) 100 rupees. Show Answer Correct Answer: D) 100 rupees. 54. Which one is the oldest currency of India? A) Rupees. B) Dollar. C) Paise. D) Yen. Show Answer Correct Answer: C) Paise. 55. Two notes of ₹ 10 and one note of ₹ 5 make ₹ ..... A) ₹ 35. B) ₹ 15. C) ₹ 25. D) ₹ 5. Show Answer Correct Answer: C) ₹ 25. 56. Which of the following coins does not exist in Indian currency? A) 1 Rupee. B) 3 Rupee. C) 10 Rupee. D) 5 Rupee. Show Answer Correct Answer: B) 3 Rupee. 57. Is this a wise way to spend money?:Using coupons A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: A) Yes. 58. Ellie has three ₹ 10 note, one ₹ 5 coin, and one ₹ 2 coin. How much does she have? A) ₹ 15. B) ₹ 17. C) ₹ 37. D) ₹ 35. Show Answer Correct Answer: C) ₹ 37. 59. Which of the following cities has no government mint to produce coins? A) Mumbai. B) Kolkata. C) Chennai. D) Hyderabad. Show Answer Correct Answer: C) Chennai. 60. How many dimes make a dollar? A) 5. B) 20. C) 4. D) 10. Show Answer Correct Answer: D) 10. Next →Related QuizzesMathematics QuizzesClass 1 QuizzesClass 1 Maths Chapter 12 Money Quiz 2Class 1 Maths Chapter 12 Money Quiz 3 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books