banks-gap filling

banks-gap filling

University

7 Qs

quiz-placeholder

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banks-gap filling

banks-gap filling

Assessment

Quiz

English

University

Medium

Created by

Paula Almeida

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______ sets out the future strategy and financial development of a business.

checking acoount

business plan

standing order

current account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have to pay back your bank loan with_______ .

bank loan

current account

overdraft limit

interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An_______ is the amount of money that a bank will allow a customer to owe on a temporary basis.

standing order

overdraft limit

direct debit

bank loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A checking account enables you to make payments to other people using cheques. In the US, it is known as a _______..

checking account

overdraft limit

current account

bank loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______ is an instruction to a bank to make regular fixed payments to someone.

direct debit

overdraft limit

current account

standing order

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______ is an instruction to a bank to make payments to someone, but the amount varies.

direct debit

overdraft limit

current account

standing order

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you take out a _______ the bank lends you money.

interest

standing order

loan

direct debit