GLOBAL MISSION INTERNATIONAL SCHOOL
Sanskardham campus, Bopal-Ghuma-Sanand Road,
Ta. Sanand, Ahmedabad 382115TERM-I EXAMINATION (2022-23)
Class: IX
Subject: FMM (405)
Date: 29/08/22
Marks: 50
Time : 2 Hrs
General Instructions:
Q1- Q24 carry One mark each.
Q25 – Q29 carry 2 marks each.
Q 30 – Q33 carry 4 marks each.
Following questions carry 1 mark each. Attempt all questions from followings: ( 24 * 1 = 24 )
Q1. Which is the disadvantage of verbal communication?
(1)
(i)
Quick response
(ii)
Easy mode in which you can exchange ideas
(iii)
To keep changing your interactions as per the response of other person
(iv)
Difficult to understand if the right words are not used
Q2. When do you not feel stress?
(1)
(i)
You are too close to exams but feel unprepared
(ii)
You are worried about what people would think of you if you don’t dress well
(iii)
You are worried about what people think of you if you cannot speak confidently
(iv)
You learn to fight with fear
Q3. Time management is the thinking skills that
(1)
(i)
Create stress
(ii)
Create anxiety
(iii)
Help you to submit homework and assignments on time
(iv)
Create impatience
Q4. Which of the followings is oral communication?
(i)
Letters
(ii) phone calls
Q5. People use some kind of
(i)
Plan
(1)
(iii)e-mail
(iv) Newspapers
to achieve their goals.
(ii)Commodity
(iii) Coin
(1)
(iii) Nothing
Q6. Financial planning is
(ii)
A static process
(1)
(ii) Ongoing process
(iii) Finished process
(iv) No process
Q7. What are indirect taxes?
(1)
Q8. What do you mean by gross Income?
(1)
1
Q9. You have been standing in a queue for a long time to buy tickets for a movie. A man suddenly comes
and stands in front of you, out of turn. What should you do?
(i)
Scream at the person so that he never repeats his mistake
(ii)
Inform him politely that there is a queue and everyone is waiting for their turn.
(iii)
Stay quiet and let the person go ahead
(iv)
Not say anything directly but complain about him to other people.
Q10. What do you mean by disposable income?
(1)
Q11. Rather than using money for today it can be
for use in future.
Q12. Which of the following term describes money?
(i)
Medium of exchange
(1)
(1)
(1)
(ii)Real value
(iii) Goods & services
Q13. Draw the communication cycle.
(1)
Q14. Which of following is not an element of communication?
(1)
(i)
Sender
(ii) Receiver
(iii) Channel
(iv) Time
Q15. Write the origins of stress. Describe any two.
(1)
Q16. Money is not a common item in which the prices of all goods & services can be set. (True/False)
(1)
Q17. Paper money was invented in
(1)
Q18. Different countries have different currencies. True/false.
(1)
Q19. Specialisation means people have become
(1)
(i)
More hard working
Q20.
(i)
(ii) More intelligent
(iii) More skilled
is one of difficulties in using commodity as money.
Hard to carry
(ii) Measuring
(1)
(iii) conversion
Q21. What do you mean by barter system?
(1)
Q22. The common factor which you need for any of your personal spending is
( 1)
(i)
Parents
Q23.
(ii) friends
(iii) Money
are the essentials and basics of life.
Q24. Wants increase
of life.
( 1)
(1)
Following questions are short answer type questions. ( 5 * 2 = 10)
Q25. Reorder the following into correct order:
(2)
1. Create a plan
2. Monitor & modify the plan
3.Analyse information
4.Setting goals
5.Implementing plan
2
Q26. Give a brief note on unit of account.
(2)
Q27. Name the currencies of following countries
China, Canada, Argentina, United Kingdom, Germany, India, France, United states
(2)
Q28. Describe briefly about division of labour.
(2)
Q29. Elaborate the timeline of SMART goal.
(2)
Following questions are long answer type questions. ( 4 * 4 = 16)
Q30. What do you know about self management skills? Why these are important? Describe the main self
management skills
(4)
Q31. What are the three functions of money? Describe.
(4)
Q32. How can the goals be applied in SMART way?
(4)
Q33. Explain the evolution of money.
(4)
3