1. What is the average price of a house in Britain, according to the latest figures from the Office for National Statistics?
a) £413,000
b) £288,000
c) £235,000
d) £304,000
2. How many people currently have Premium Bonds?
a) 14 million
b) 18 million
c) 22 million
d) 25 million
Wealth: Rishi Sunak and his wife Akshata Murthy (pictured together at this year's Conservative Party Conference) are worth an estimated £529 million
3. Rishi Sunak is the richest Prime Minister of modern times, worth an estimated £529 million with his wife Akshata Murthy. Before him, who was the richest Prime Minister to ever hold office?
a) David Lloyd George
b) Edward Smith Stanley
c) Arthur James Balfour
d) Marcel Chamberlain
4. In what year was decimalization introduced in Britain?
a) 1971
b) 1945
c) 1960
d) 1989
5. The first cash machine was installed at a Barclays branch, but in what year?
a) 1967
b) 1975
c) 1981
d) 1999
The first cash machine was installed at a Barclays branch, but in what year?
6. And what city was that in?
a) Milton Keynes
b) Wilmslow
c) Basingstoke
d) Enfield
7. What does Isa stand for?
a) Independent expenditure account
b) Individual Savings Association
c) Independent Publishing Association
d) Individual Savings Account
8. What is the current minimum wage for people over 23?
a) £9.92
b) £10.12
c) £10.42
d) £11.81
9. What is the nickname of the Bank of England, which originated in a 1797 cartoon?
a) Vault of the Treasury
b) Central Counting House
c) Old Lady of Threadneedle Street
d) The treasure in Prince's Street
Central Bank: The Bank of England's nickname comes from a 1797 cartoon published by James Gillray
10. In which city in Wales is the headquarters of the Royal Mint located?
a) Wrexham
b) Llantrisant
c) Bangor
d) Llandudno
11. What British numeral is on the £5 note?
a)Winston Churchill
b) Aneurine Bevan
c) Jane Austen
d) William Shakespeare
12. Which body is responsible for setting the UK base rate?
a) The compensation scheme for financial services
b) The Monetary Policy Committee of the Bank of England
c) British finance
d) The Financial Conduct Authority
13. In what year was the modern London Stock Exchange founded?
a) 1784
b) 1801
c) 1836
d) 1859
14. What is the maximum amount of Premium Bonds an individual can hold?
a) £45,000
b) £25,000
c) £50,000
d) £60,000
15. Which former Minister of Finance, who died in 2023, was the architect of the Personal Equity Plan (PEP), the predecessor of the Isa?
a) Dennis Healey
b) Alistair Darling
c) Nigel Lawson
d) Geoffrey Howe
16. Which bank announced more than 200 branch closures in 2023 – and whose former CEO was banned from holding a high-ranking position with the city by the city's regulator?
a)Barclays
b) HSBC
c) Lloyds
d) Santander
Up to what value can you pay in 20 cent pieces?
17. How much can you pay in 20 cent chunks before stores can refuse your payment?
a) £5
b) £10
c) £20
d) £12
18. Which building association gave away £100 windfalls to eligible customers in 2023?
a) Yorkshire
b) Leeds
c) Principality
d) Nationwide
19. Which construction company merged with Newcastle BS in 2023?
a) Coventry
b) Leeds
c) Nottingham
d)Manchester
20. Which Cumbrian town is home to the smallest building society in the country?
a) Windermere
b) Penrith
c) Brampton
d) Keswick
21. How many sides does a €1 coin have?
a)8
b) 10
c) 12
d) 14
22. What is the study of coins and currencies called?
a) Numismatics
b) Monetology
c) Pecunismatics
d) Nomismology
23. The Bank of England's base rate currently stands at 5.25 percent – up from an all-time low of 0.1 percent in 2020. But this is still a long way from the historic high that the base rate reached in late 1979 and reached in early 1980. What was this? record level?
a) 13 percent
b) 17 percent
c) 19 percent
d) 21 percent
24. The amount you can put into a personal pension each year to benefit from tax relief has been increased in 2023. What is the new figure?
a) £35,000
b) £50,000
c) £60,000
d) £80,000
Prize pool: National Savings & Investment Premium Bond holders now have a one in 24,000 chance of winning between £25 and £1 million, or every £1 put into the draw
25. National Savings & Investments Premium Bond holders now have a one in 24,000 chance of winning between £25 and £1 million for every £1 put into the draw. The winners are chosen every month by the computer Ernie. What does its abbreviation stand for?
a) Electric random number internet emulator
b) Emulator of electrical resource number indicator
c) Electronic radio network Internet equipment
d) Electronic equipment for displaying random numbers
26. Who is the Sage of Omaha?
a) Bill Gates
b) Jeff Bezos
c)Steve Ballmer
d)Warren Buffett
27. What is the name for an old English and Irish coin worth 4 old pence?
a) Leopard
b) Farthing
c) Large
d) Shillings
28. In which month of which year did the Wall Street Crash occur?
a) February 1907
b) October 1929
c) June 1934
d) November 1948
29. A 'Pony' is cockney rhyming slang for what value of money?
a) £25
b) £50
c) £100
d) £150
30. Which country was the first to use paper money, in the 7th century AD?
a) New Zealand
b) France
c) Russia
d) China
1.b); 2.c); 3.b); 4.a); 5.a); 6.d); 7.d); 8.c); 9.c); 10.b); 11.a); 12.b); 13.b); 14.c); 15.c); 16.a); 17.b); 18.d); 19.d); 20.b); 21.c); 22.a); 23.b); 24.c); 25.d); 26.d); 27.c); 28.b); 29.a); 30. d).
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