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CTET Money — practice questions

Explore 45 free Money questions in CTET Mathematics. Open each question or exercise to read its content, reference answers and available explanation.

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Money questions and exercises with answers

Showing questions 1–30 of 45.

Which is the official currency of India?Read the answer and worked solution →One rupee is divided into how many paise?Read the answer and worked solution →Which sign stands for the Indian rupee?Read the answer and worked solution →Which body controls the issue of Indian currency?Read the answer and worked solution →Swapping goods for goods without using money is called?Read the answer and worked solution →Which came first in history?Read the answer and worked solution →Where are coins produced?Read the answer and worked solution →A banknote is a type of what?Read the answer and worked solution →Why do people open a savings account?Read the answer and worked solution →A bank takes in what from the public?Read the answer and worked solution →The extra money a borrower pays back on a loan is called?Read the answer and worked solution →Money that must be paid to the government by law is called?Read the answer and worked solution →What is the amount of money asked for something called?Read the answer and worked solution →250 paise is equal to how many rupees?Read the answer and worked solution →Express ₹3.75 in paise.Read the answer and worked solution →Asha pays ₹100 for a book of ₹64. How much change does she get?Read the answer and worked solution →Three pens cost ₹12 each. The total cost is?Read the answer and worked solution →How many ₹5 coins make ₹50?Read the answer and worked solution →Add ₹20, ₹10, ₹5 and ₹2. The total is?Read the answer and worked solution →Which coin is in circulation in India today?Read the answer and worked solution →Paper money and coins used in a country are together called its?Read the answer and worked solution →50 paise plus 50 paise equals?Read the answer and worked solution →Priya has one ₹20 banknote and three ₹5 coins. How much does she have?Read the answer and worked solution →Ravi buys 5 notebooks at ₹18 each and pays ₹100. His change is?Read the answer and worked solution →A shirt costs ₹450. A ₹50 discount is given. What is the price paid?Read the answer and worked solution →A toy costs ₹200 and is sold at 10% off. Its price is?Read the answer and worked solution →A shopkeeper buys a bag for ₹80 and sells it for ₹100. What is the profit?Read the answer and worked solution →A cap bought for ₹120 is sold for ₹100. What is the result?Read the answer and worked solution →Goods cost ₹365 and a ₹500 banknote is paid. The change is?Read the answer and worked solution →Meena has ₹26 all in ₹2 coins. How many coins?Read the answer and worked solution →

Worked practice questions

Which is the official currency of India?

  1. Indian rupee
  2. US dollar
  3. British pound
  4. Japanese yen
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Correct answer: A. Indian rupee

1. Every country has its own money. 2. The official currency of India is the Indian rupee. 3. Dollar, pound and yen belong to other countries. _Source: Wikipedia, Indian rupee (CC BY-SA 4.0), Indian rupee_

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One rupee is divided into how many paise?

  1. 50
  2. 100
  3. 1000
  4. 10
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Correct answer: B. 100

1. The rupee is divided into smaller units called paise. 2. One rupee is subdivided into 100 paise. 3. 50 paise is only half a rupee. _Source: Wikipedia, Indian rupee (CC BY-SA 4.0), Indian rupee_

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Which sign stands for the Indian rupee?

  1. $
  2. £
  3. €
  4. ₹
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Correct answer: D. ₹

1. Each currency has its own sign. 2. The Indian rupee has the symbol ₹. 3. The other signs are for the dollar, pound and euro. _Source: Wikipedia, Indian rupee (CC BY-SA 4.0), Indian rupee_

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