Money and Banking 2021

Money and Banking 2021

9th - 12th Grade

60 Qs

quiz-placeholder

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Money and Banking 2021

Money and Banking 2021

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Kevin Neal

Used 4+ times

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60 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank is called lender of last resort?

Commercial bank

Agricultural bank

Central bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deposits which are payable after the expiry of a fixed period are called -

time deposits.

demand deposits.

NONE

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Money of another country

insurance

refund

bargain

foreign currency

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

an arrangement by which people borrow money from a bank to buy a house, and pay back the money over a period of years

mortgage

overdraft

share

refund

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

a special machine through which you can do bank transactions

Cash dispenser

Automated Teller Machine

Cashpoint

Checkout

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

an arrangement in which you pay money each year to get financial help if anything bad happens to you (an illness or accident)

insurance

refund

mortgage

share

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

One of the equal parts into which the ownership of a company is divided

Mortgage

Refund

Overdraft

Share

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