Financial Literacy
NZQA
General Knowledge
Learner License Theory
Study Skills
100
What’s the main purpose of setting a financial goal?
To have a clear target for saving or spending wisely.
100
How many credits are needed to pass NCEA Level 1?
60 credits (any level) + co requisites (10 numeracy & 10 literacy)
100
What is the capital city of New Zealand?
Wellington
100
When must you indicate before turning?
At least 3 seconds before turning.
100
What does the S in SMART goals stand for?
Specific
200
What is current minimum wage in NZ?
$23.50
200
What does NZQA stand for?
New Zealand Qualifications Authority.
200
Who painted the Mona Lisa?
Leonardo da Vinci.
200
What does this mean 
Slippery surface
200
What is active recall?
A learning technique that involves actively retrieving information from memory, rather than passively reviewing it.
300
What’s one risk of using Afterpay too often?
You can lose track of payments and go into debt.
300
How do you get an overall endorsement at level 1?
If you achieve Level 1 with 50 credits at Merit or Excellence
300
What country has the largest population in the world (as of 2025)?
India
300
What does this sign mean?
Narrow roads ahead
300
Why is spaced repetition effective?
It helps move knowledge into long-term memory.
400
What does “pay yourself first” mean in budgeting?
Putting money into savings before spending on anything else.
400
What is the difference between internal and external assessments?
Internals are assessed during the year (in class). Externals are sat at the end of year exams.
400
Name all 5 oceans.
Pacific Ocean
Atlantic Ocean
Indian Ocean
Southern Ocean (also known as the Antarctic Ocean)
Arctic Ocean
400
How many metres away from a fire hydrant are you allowed to park?
50m
400
Name this note-taking method.
Cornell
500
You earn $20/hour (after deductions) and work 15 hours weekly. Your weekly spending is $210. How much can you save in a month?
Assume a month has 4 weeks.
$360 savings per month.
500
What does NCEA stand for?
National Certificate of Educational Achievement
500
What is the population of the world?
A. 7.6 Billion
B. 7.9 Billion
C. 8.2 Billion
D. 9.0 Billion
C) 8.2 Billion
500
If you tow another vehicle, what is the maximum distance allowed between the two vehicles?
A) 2m
B) 3m
C) 4m
D) 6m
C) 4m
500
Name 4 active recall techniques.
These are 5.
Flashcards: Using question/answer cards to force your brain to retrieve information.
Practice Testing/Self-Quizzing: Answering practice questions, quizzes, or past papers without looking at notes.
Blurting/Free Recall: Writing down everything you can remember about a topic from memory.
The Feynman Technique: Explaining a concept simply, as if teaching it to someone else, to reveal knowledge gaps.
Question-Answer Note Taking: Converting your notes' headings or main points into questions, then covering the notes and trying to answer the questions.