L207.5-2

I go to a bank to help me get a bike.What is the best option for me as i do not have enough money to buy the bike.

• LOAN

• SAVINGS ACCOUNT

• CERTIFICATE OF DEPOSIT

Ritu goes to the ...................... to take out some money. She inserts her debit card and enters her ....................... She then gets her money.

• ATN, PEN

• ATM, PIN

• ATV, DATE

• BANK, PIN

Bank gives .................. on deposits and charges ...................... on loans.

• Interest, Interest

• Interest, Money

• Money, Fees

• Fees, Commission

A savings account gives interest, but a current account does not. A current account is for Business man.

• True

• False

A debit card lets you borrow money within a limit to pay for your purchases.

The limit is decided by the banks issuing the card based on your credit score.

• Yes

• No

Credit scores are based on how you have paid off your loans and credit card dues.

• Yes

• No