LIBF Unit 3 Paper 1 Revision Quiz

Which of the following is a free budget-planning website and phone app?

If the rate of inflation in the UK fell from 5% to 3% per annum, which would be happening?

What is an example of a BUST Cycle?

Which of the following is true about the difference between corporate and government bonds?

A flexible financial plan is sometimes called a

When in debt, a person may take out a loan to pay off all of the other debts. This is known as:

Which is an example of a movement that is based on a consideration of the producers in developing countries

Banks may show tolerance towards people who are experiencing difficulties in meeting their mortgage payments - this is

With a debt management plan, what proportion of the outstanding debt will be repaid?

The Financial Services Compensation Scheme is mainly funded by:

Which of the following best describes financial sustainability for individuals?

Which of the following aims to ensure that every penny of income is spent purposefully?

What describes the sacrifice involved when things change for an individual and a wider family?

The international integration of business, industry and society through developments in technology, communication etc

Financial services providers should support an individual’s sustainability by encouraging them

The state pension age is 65 for a man born on:

providers should support an individual’s sustainability, in relation to the use of credit cards, by advising them to pay

Which of the following is an example of an Islamic home finance arrangement?

Financial providers should encourage individuals to:

What is the maximum number of weeks that a person can receive Statutory Sick Pay?

The method used to measure the rate of inflation in the UK that is preferred by government is

Which of the following is not a strength of monetary policy?

Which of the following will charge the highest interest rate?

employer must pay Statutory Maternity Pay for up to how many weeks

Hire purchase arrangements are TYPICALLY offered by

Which of the following is not a Credit Reference Agency?

A real GDP growth rate means that it has been adjusted to take into account the:

Personal debt in the UK, since 2008, has been close to:

To be eligible for universal credit, an individual (and a partner), can only have max savings of

Which of the following is the first step involved in drawing up a budget?

The Financial Services (Banking Reform) Act, 2013, restricted payday loan companies in which of the following ways?

The difference between the expected figures and the actual figures in a budget is known as the

A perfect market is one where the way in which goods are bought and sold does not need to be:

Which of the following wasys of presenting data is the most suitable to be able to easily see trends at a glance?

Which of the following terms describes how a firm can demonstrate that there is a social conscience behind its business