Current Accounts

Current Accounts

12th Grade

14 Qs

quiz-placeholder

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Current Accounts

Current Accounts

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

David Urquhart

Used 363+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A current account is a type of account offered by banks and building societies for frequent use

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common type of Current Account?

Basic

Premium

Standard

Student

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the odd one out?

May offer an overdraft limit

Can set up direct debits and standing orders

Issued with a cheque book and debit card

No credit offered

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Issued with a cheque book and debit card is NOT a feature of a Basic Account?

True

False

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Free insurance e.g. home or mobile phone, Break-down cover and Cash back is a feature of which account?

Premium

Basic

Standard

Student

Packaged

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A premium account offers the same facilities as a Basic account but bundled with an additional “package of services”

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

With a basic account you can still pay money into the account and make cash withdrawals assuming sufficient funds

False

True

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