This quiz works best with JavaScript enabled. Home > Class 1 > Class 1 Maths Chapter 12 Money – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 1 Maths Chapter 12 Money Quiz 1 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ₹ 1 = ..... paise A) 1000 p. B) 100 p. C) 200 p. D) 10 p. Show Answer Correct Answer: B) 100 p. 2. Two notes of ₹ 20 make ₹ ..... A) ₹ 200. B) ₹ 2. C) ₹ 250. D) ₹ 40. Show Answer Correct Answer: D) ₹ 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) 10 notes of 10 rupees. B) 20 notes of 10 rupees. C) 5 notes of 10 rupees. D) 4 notes of 50 rupees. Show Answer Correct Answer: A) 10 notes of 10 rupees. 5. Three notes of ₹ 1 + two notes of ₹ 2 = ..... A) ₹ 10. B) ₹ 7. C) ₹ 10. D) ₹ 11. 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) 25 coins. B) 20 coins. C) 35 coins. D) 30 coins. Show Answer Correct Answer: B) 20 coins. 10. Which note is not there in India A) 10 rupees. B) 20 ruppes. C) 50 rupees. D) 1000 rupees. Show Answer Correct Answer: D) 1000 rupees. 11. ₹ 50 + ₹ 50 = A) ₹ 100. B) ₹ 50. C) All the above. D) None of the above. Show Answer Correct Answer: A) ₹ 100. 12. RM700-RM350-RM150 A) RM250. B) RM350. C) RM200. D) None of the above. Show Answer Correct Answer: C) RM200. 13. 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. 14. 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. 15. 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. 16. 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. 17. Coin has ..... sides. A) 3. B) 2. C) 1. D) None of the above. Show Answer Correct Answer: B) 2. 18. 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. 19. 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. 20. 1 rupees =? A) 100 paisa. B) 50 paisa. C) 100 rupees. D) None of these. Show Answer Correct Answer: A) 100 paisa. 21. Car = Rs 100Toy = Rs 200Pen = Rs 300Total amount is A) 400. B) 500. C) 600. D) 700. Show Answer Correct Answer: C) 600. 22. A chocolate cost Rs 12.You paid Rs 20.How much money will you get back. A) 6. B) 8. C) 10. D) 12. Show Answer Correct Answer: B) 8. 23. Raju buys a Teddy Bear for ₹ 10 & a toy car for ₹ 50. What is the total amount of money he spends altogether? A) ₹ 60. B) ₹ 50. C) ₹ 70. D) ₹ 40. Show Answer Correct Answer: A) ₹ 60. 24. 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. 25. ₹ 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. 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