Test your cash information in our quiz of the yr
1. What is the common value of a home within the UK, in keeping with the most recent figures from the Office for National Statistics?
a) £413,000
b) £288,000
c) £235,000
d) £304,000
2. How many individuals at the moment maintain Premium Bonds?
a) 14 million
b) 18 million
c) 22 million
d) 25 million
Wealth: Rishi Sunak and his spouse Akshata Murthy (pictured collectively at this yr’s Conservative Party Conference) are price an estimated £529m
3. Rishi Sunak is the wealthiest Prime Minister of contemporary occasions and, along with his spouse Akshata Murthy, is price an estimated £529 million. Who was the richest Prime Minister in workplace earlier than him?
a) David Lloyd George
b) Edward Smith Stanley
c) Arthur James Balfour
d) Neville Chamberlain
4. What yr was decimalisation launched in Britain?
a) 1971
b) 1945
c) 1960
d) 1989
5. The first ATM was arrange at a Barclays department, however by which yr?
a) 1967
b) 1975
c) 1981
d) 1999
The first ATM was arrange at a Barclays department, however by which yr?
6. And which city was it in?
a) Milton Keynes
b) Wilmslow
c) Basingstoke
d) Enfield
7. What does Isa stand for?
a) Independent Spending Account
b) Individual Savings Association
c) Independent Spending Association
d) Individual Savings Account
8. What is the present minimal wage for folks over 23?
a) £9.92
b) £10.12
c) £10.42
d) £11.81
9. What is the nickname of the Bank of England, which originated in a 1797 cartoon?
a) Vault of the Exchequer
b) Central Counting House
c) Old Lady of Threadneedle Street
d) The Hoard on Prince’s Street
Central financial institution: The Bank of England’s nickname originated in a 1797 cartoon printed by James Gillray
10. The Royal Mint headquarters is by which Welsh city?
a) Wrexham
b) Llantrisant
c) Bangor
d) Llandudno
11. Which British determine is featured on the £5 word?
a) Winston Churchill
b) Aneurin Bevan
c) Jane Austen
d) William Shakespeare
12. Which physique is liable for setting the UK’s base price?
a) The Financial Services Compensation Scheme
b) The Bank of England’s Monetary Policy Committee
c) UK Finance
d) The Financial Conduct Authority
13. In what yr was the trendy London Stock Exchange based?
a) 1784
b) 1801
c) 1836
d) 1859
14. What is the utmost quantity a person can maintain in Premium Bonds?
a) £45,000
b) £25,000
c) £50,000
d) £60,000
15. Which former Chancellor of the Exchequer, who died in 2023, was the architect of the Personal Equity Plan (PEP), which was the precursor to the Isa?
a) Denis Healey
b) Alistair Darling
c) Nigel Lawson
d) Geoffrey Howe
16. Which financial institution introduced greater than 200 department closures in 2023 — and whose former chief govt was banned by the City regulator from holding any senior City place?
a) Barclays
b) HSBC
c) Lloyds
d) Santander
Up to what worth are you able to pay in 20p items?
17. Up to what worth are you able to pay in 20p items earlier than retailers can refuse your cost?
a) £5
b) £10
c) £20
d) £12
18. Which constructing society gave away £100 windfalls to eligible clients in 2023?
a) Yorkshire
b) Leeds
c) Principality
d) Nationwide
19. Which constructing society merged with Newcastle BS in 2023?
a) Coventry
b) Leeds
c) Nottingham
d) Manchester
20. Which Cumbrian city is house to the nation’s smallest constructing society?
a) Windermere
b) Penrith
c) Brampton
d) Keswick
21. How many sides does a £1 coin have?
a) 8
b) 10
c) 12
d) 14
22. What is the examine of cash and forex items referred to as?
a) Numismatics
b) Monetology
c) Pecunismatics
d) Nomismology
23. The Bank of England base price at the moment stands at 5.25 per cent — rising from a historic low of 0.1 per cent in 2020. But that is nonetheless a far cry from the historic excessive the bottom price hit in late 1979 and early 1980. What was this report degree?
a) 13 per cent
b) 17 per cent
c) 19 per cent
d) 21 per cent
24. The sum of money you possibly can put into a private pension to learn from tax aid every year was raised in 2023. What is the brand new determine?
a) £35,000
b) £50,000
c) £60,000
d) £80,000
Prize pot: National Savings & Investment Premium Bond holders now have a one in 24,000 likelihood of successful between £25 and £1m or each £1 put into the draw
25. National Savings & Investments Premium Bond holders now have a one-in-24,000 likelihood of successful between £25 and £1 million for each £1 put into the draw. The winners are picked each month by the pc Ernie. What does his acronym stand for?
a) Electric Random Number Internet Emulator
b) Electric Resource Number Indicator Emulator
c) Electronic Radio Network Internet Equipment
d) Electronic Random Number Indicator Equipment
26. Who is the Sage of Omaha?
a) Bill Gates
b) Jeff Bezos
c) Steve Ballmer
d) Warren Buffett
27. What is the title for an previous English and Irish coin price 4 previous pence?
a) Leopard
b) Farthing
c) Groat
d) Shilling
28. The Wall Street Crash occurred in what month of which yr?
a) February 1907
b) October 1929
c) June 1934
d) November 1948
29. A ‘Pony’ is cockney rhyming slang for what worth of cash?
a) £25
b) £50
c) £100
d) £150
30. Which nation was the primary to make use of paper forex, within the seventh century AD?
a) New Zealand
b) France
c) Russia
d) China
1. b); 2. c); 3. b); 4. a); 5. a); 6. d); 7. d); 8. c); 9. c); 10. b); 11. a); 12. b); 13. b); 14. c); 15. c); 16. a); 17. b); 18. d); 19. d); 20. b); 21. c); 22. a); 23. b); 24. c); 25. d); 26. d); 27. c); 28. b); 29. a); 30. d).
