
Banks
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard

Mitchell Shotts
Used 17+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
People who are unbanked are most likely to...
Use a mobile banking app
Receive a monthly statement of their transactions
Deposit their checks at the ATM
Incur lots of fees at Check Cashers to access their money
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
You can access the money in your checking account by...
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Overdraft protection...
is a service offered only for premium checking accounts.
brings in a few hundred dollars each year to banks.
is often a free service that prevents you from overdrafting.
should be something you opt-out of so you don't pay overdraft fees.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the benefit of direct deposit?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is TRUE about banks and credit unions?
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Your friend wants to open up a checking account. Which of the following items is NOT necessary to do so?
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
A checking account is best used for...
Saving money
Storing money to spend
Investing money
Placing money you earn
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