Going to Bank

Going to Bank

Professional Development

10 Qs

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Going to Bank

Going to Bank

Assessment

Quiz

English

Professional Development

Hard

Created by

Preeti Mehta

Used 42+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the amount of money required to be stay in an account?
Maximum Balance
Minimum Balance
Minimum Deposit
Maximum Deposit

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

You should keep your pin number in your wallet.
True
False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the name of a legal document that functions like cash?
Check
ATM
Deposit slip
PIN

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How do financial institutions make most of their money?
Fees
Interest
Mutual Funds
Loan Payments

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Banks create money by taking in deposits, making _______, and charging _______.
interest, payments
loans, interest
payments, loans
debt, loans

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liam wants cash from his bank, but it is closed, He will use the ATM.
credit card
debit card
savings account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tyler works part time. He wants to have money for college when he graduates so he won't have to borrow money.
credit card
debit card
savings account

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