Financial Institutions
Quiz
•
Business
•
1st - 3rd Grade
•
Medium

Patrick Kelly
Used 89+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following services does a bank not provide?
Debit Cards
Loans
Government Subsidies
Cheque Writing Services
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Bank of England is responsible for setting interest rates and controlling the national debt.
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If a Bank/Building Society goes bust, balances upto _______ are covered?
£65000
£75000
£85000
£95000
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Pension companies work by investing your money for you to try and increase its value for when you retire.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a Government backed organisations offering secure savings options?
Pawnbrokers
Building Societies
National Savings and Investments
Credit Union
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
________________ Offer protection against unexpected financial losses or expenses.
Insurance Companies
Payday Loan
Bank Of England
National Savings and Investments
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
__________ are businesses or individuals who loan money against the security of a personal asset. (eg, Jewellery / Mobile Phone)
Payday Loans
Building Society
Credit Union
Pawnbrokers
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