Money concepts and time concepts - Question Bank

1. How many minutes are in a quarter of an hour?
A) 5
B) 10
C) 15
D) 20
2. If a sale lasts for 5 days, and it starts on a Wednesday, on which day will it end?
A) Sunday
B) Monday
C) Tuesday
D) Saturday
3. What is the value of five ₹10 notes and two ₹5 coins?
A) ₹50
B) ₹55
C) ₹60
D) ₹70
4. If a bus journey starts at 08:00 and ends at 11:15, what is the duration?
A) 3 hours
B) 3 hours 15 minutes
C) 4 hours
D) 4 hours 15 minutes
5. How many days are there in the month of March?
A) 30
B) 31
C) 28
D) 29
6. What is the time difference between 11:00 AM and 3:00 PM?
A) 3 hours
B) 4 hours
C) 5 hours
D) 6 hours
7. If you have ₹100 and spend ₹33.50, how much money is left?
A) ₹60.50
B) ₹65.50
C) ₹66.50
D) ₹77.50
8. Which unit is used to measure longer durations of time?
A) Seconds
B) Minutes
C) Hours
D) Days
9. If a person works from 9:00 AM to 5:00 PM, how many hours do they work?
A) 7 hours
B) 8 hours
C) 9 hours
D) 10 hours
10. What is the total cost of 2 items priced at ₹45.50 each?
A) ₹80.00
B) ₹85.50
C) ₹90.00
D) ₹91.00
11. How many minutes are there in 2 hours?
A) 60
B) 90
C) 120
D) 180
12. If the time is 06:15 in 24-hour format, what is it in 12-hour format?
A) 6:15 AM
B) 6:15 PM
C) 18:15 AM
D) 18:15 PM
13. What is the value of 3 coins, each worth ₹5?
A) ₹8
B) ₹10
C) ₹15
D) ₹20
14. If an event lasts for 2 hours and the start time is 10:00 AM, what is the end time?
A) 11:00 AM
B) 12:00 PM
C) 1:00 PM
D) 2:00 PM
15. How many weeks are there in a year (approximately)?
A) 48
B) 50
C) 52
D) 56
16. What is the duration of time between 2:00 PM and 4:30 PM?
A) 1 hour 30 minutes
B) 2 hours
C) 2 hours 30 minutes
D) 3 hours
17. If a clock shows 9:45, how many minutes are left until the next hour?
A) 10
B) 15
C) 20
D) 25
18. A child saves ₹5 every day. How much will they save in 10 days?
A) ₹15
B) ₹50
C) ₹55
D) ₹100
19. Which of these is a common way to express a small amount of money in India?
A) One paisa
B) Ten paise
C) Fifty paise
D) All of the above
20. If a day starts at 12:00 AM, how many hours pass until 12:00 PM (noon)?
A) 10
B) 11
C) 12
D) 24
21. What is the time 30 minutes before 5:00 PM?
A) 4:00 PM
B) 4:30 PM
C) 5:30 PM
D) 6:00 PM
22. How many hours are in half a day?
A) 6
B) 12
C) 18
D) 24
23. If an object costs ₹25 and you give ₹50, what is the correct change?
A) ₹20
B) ₹25
C) ₹30
D) ₹35
24. Which of the following is a unit of money in India?
A) Yen
B) Ruble
C) Rupee
D) Peso
25. If a movie starts at 7:00 PM and lasts for 2 hours and 10 minutes, what time does it end?
A) 9:00 PM
B) 9:10 PM
C) 10:00 PM
D) 10:10 PM
26. What is the total number of days in a non-leap year?
A) 355
B) 360
C) 365
D) 370
27. If a birthday is on January 1st, and it's currently December 25th of the previous year, how many days are left until the birthday?
A) 6
B) 7
C) 8
D) 9
28. What is a leap year?
A) A year with 360 days
B) A year with 365 days
C) A year with 366 days
D) A year with 13 months
29. Which month has the fewest days (excluding leap years)?
A) January
B) February
C) March
D) April
30. How many months are there in a year?
A) 10
B) 11
C) 12
D) 13
31. A journey takes 1 hour and 45 minutes. If it starts at 10:00 AM, when will it end?
A) 11:00 AM
B) 11:45 AM
C) 12:00 PM
D) 12:45 PM
32. What is the term for the time between 12:00 PM (noon) and 12:00 AM (midnight)?
A) Morning
B) Afternoon
C) Evening
D) Night/PM
33. How many hours are there in a day?
A) 12
B) 24
C) 36
D) 48
34. If today is Monday, what day will it be in 3 days?
A) Tuesday
B) Wednesday
C) Thursday
D) Friday
35. How many days are there in a week?
A) 5
B) 6
C) 7
D) 8
36. What is the total duration if an event starts at 9:00 AM and ends at 11:30 AM?
A) 2 hours
B) 2 hours 30 minutes
C) 3 hours
D) 3 hours 30 minutes
37. A clock shows 3:15. This means it is 15 minutes past which hour?
A) 12
B) 1
C) 2
D) 3
38. How many seconds are there in one minute?
A) 10
B) 30
C) 60
D) 100
39. If a train departs at 14:30, what time is this in the 12-hour format?
A) 2:30 AM
B) 2:30 PM
C) 14:30 AM
D) 14:30 PM
40. How many minutes are there in one hour?
A) 30
B) 60
C) 90
D) 120
41. What is the standard time format used in most countries, including India?
A) 12-hour format (AM/PM)
B) 24-hour format (Military time)
C) Roman numerals
D) Lunar calendar
42. A bag contains 5 coins, each worth ₹2. What is the total value of the coins in the bag?
A) ₹7
B) ₹10
C) ₹12
D) ₹15
43. How would you write 'fifty rupees and twenty-five paise' in numerals?
A) ₹50.025
B) ₹50.25
C) ₹5025
D) ₹5.25
44. Which denomination of Indian currency is commonly used for smaller transactions?
A) ₹2000 note
B) ₹500 note
C) ₹10 note
D) ₹1 coin
45. If an item costs ₹120 and is sold at a discount of ₹20, what is the selling price?
A) ₹90
B) ₹100
C) ₹110
D) ₹140
46. A shopkeeper sells a pen for ₹15 and a notebook for ₹30. What is the total cost of both items?
A) ₹35
B) ₹40
C) ₹45
D) ₹50
47. What does the '₹' symbol represent?
A) US Dollar
B) British Pound
C) Indian Rupee
D) Euro
48. If you buy an item for ₹50.75 and pay with a ₹100 note, how much change will you receive?
A) ₹40.25
B) ₹49.25
C) ₹50.25
D) ₹59.25
49. How many paise make one Indian Rupee?
A) 10
B) 50
C) 100
D) 1000
50. Which of the following represents the smallest unit of Indian currency?
A) Rupee
B) Paisa
C) Dollar
D) Euro
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