Savings
4th - 5th Grade
•18 Qs
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Savings
Quiz
•
Social Studies
•
4th - 5th Grade
•
Practice Problem
•
Medium
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings is the act of putting money or valuables aside for
our parent
Future use
Our school fees
Now use
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the most common way of saving in modern times is
In the shelf
In the hole
In the bank
Anywhere
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Apart from money, we can also save valuable documents and items in the bank
True
False
Maybe
Never
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that are saved in the bank are called
Interest
Loan
Funds
Deposits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money saved in the bank generates ______ for the owners
Funds
deposit
Loan
Interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Apart from saving money, a customer can also borrow money from the bank in form of _____
Loan
Deposit
Interest
Paper
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The apex bank in Nigeria is
Development bank
Community bank
Central bank of Nigeria
Merchant bank
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