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Bank services

Authored by MHN HM

Other

9th - 12th Grade

13 Questions

Used 20+ times

Bank services
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many types of accounts offer by the commercial banks?

1

2

3

4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dani is a businessmen.Which account should he use?

Current Account

Deposit Account

Fixed Deposit Account

Saving Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an advantage to a customer of having an internet bank account?

being sure of complete security

paying in cash and cheques

receiving alerts about the account

withdrawing cash at any time

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a feature of a bank current account?

A high interest rate is earned on money deposited.

A minimum amount must be kept in the account

An overdraft may be possible

It is a means off long-term saving

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a feature of a bank deposit/saving account?

A high interest rate is earned on money deposited

Can be opened with minimum deposit

An overdraft may be possible

Cheque book will be given

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a feature of a bank fixed deposit account?

A high interest rate is earned on money deposited

can be withdrawn at any time

Cheque book will be given

can be opened with a minimum deposit

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

These are the main services of a commercial bank

Accepting deposits

Providing bank loans

Providing internet banking services

Providing accounts without deposits

Issuing bank drafts and cheque

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