<section><h2>CHAPTER 26 MONEY - BORROWING </h2><p><p style="text-align:justify;"><span style="font-size:14px;"><strong> </strong></span></p>Hello and welcome to the supplementary Quiz for CHAPTER 26 MONEY - BORROWINGThis quiz has 10 questions. Please match the following and choose the correct answer. We hope you enjoy the quiz!<div><br /></div></p></section><section><h2><p dir="ltr" role="presentation"></p>Raghav borrowed a total of Rs 2500 for betting in the IPL. Raghav was able to return the money on time. However, was it a good loan or a bad loan considering that he had taken it for betting?<br /></h2><p></p></section><section><h3><p dir="ltr" role="presentation"></p>You spent Rs 80,000 on an iPad. You choose to pay Rs 5,000 per month. How long will it take you to pay off the entire amount? <br /></h3><p></p></section><section><h3><p></p>What is debt?<p dir="ltr" role="presentation"></p></h3><p></p></section><section><h3><p></p>In which of the following conditions is it okay to borrow money?<p dir="ltr" role="presentation"></p></h3><p></p></section><section><h3><p dir="ltr"></p>Which one of the following represents a good debt? <br /></h3><p></p></section><section><h3><p dir="ltr"></p>Mohan bought presents for every member of his family in the first week, after his first salary, but used up all the money. So for the rest of the month he had to take Rs. 50,000 from his friend. He did pay back after the next salary. Good debt or bad debt? <br /></h3><p></p></section><section><h3><p dir="ltr"></p>Leesha lent Vikas Rs. 2,800 for his trip to a nearby town. For how many months does Vikas need to give Leesha Rs. 700 if he has to clear his debt? <br /></h3><p></p></section><section><h3><p dir="ltr"></p>Which one of the following is a terrible debt illustration?<h2><br /></h2></h3><p></p></section><section><h2><h2> </h2><h2>Congratulations! <br /><br />Stay updated. Stay enlightened! <strong> </strong></h2></h2><p></p></section><section><h3><h2> </h2></h3></section>