SAVINGS

Money saved in the bank generates .......... for the owners

• deposit

• interest

The CBN was established in what year?

• 1958

• 1959

Savings is a way of putting money aside for .............

• assisting the government

• future use

One of the most common ways of saving money in modern times is .........

• in the bank

• in strong metal boxes

Apart from money,we can also save valuables,documents and other items in the bank

• True

• False

The Apex Bank in Nigeria is .........

• First Bank

• CBN

Which of these banks is a privately owned bank?

• Commercial Bank

• CBN

Saving money in the bank also enables us to obtain loans from the bank

• True

• False

Apart from money,a customer can borrow money from the bank inform of .......

• loans

• savings

Which of these banks is in charge of printing and distribution of money in Nigeria?

• First Bank

• Central Bank of Nigeria