Banking

Which of the following terms matches closest with ‘Family Floater’?

• Health insurance

• Property insurance

• Consequential loss

Insurance helps to............

• Prevent adverse situations from occurring

• Reduce the financial consequences of adverse situations

• Negate all consequences of adverse situations

What is the name?

• loonie
• toonie
• quarter
• dime

The movement of funds by electronic means

• EFT (Electric Funds Transfer)
• ATM (Automated Teller Machine)
• PIN (Personal Identification Number
• POS (Point of Sale transaction)

What's Gross Income?

• What you earn before taxes
• What you earn after taxes
• Amount of taxes you pay
• Disgusting money

Which kitchen tool is used to beat an egg?

• whisk

• rolling pin

• spatula

• pastry blender

A person is said to have insurable interest if he suffers................

• a stroke if any damage occurs to his relationship

• no financial loss at all

• a financial loss when the property is damaged

The minimum and maximum limit for investment in SGB is....... &........ for individuals

• 1 gm/1 kilo

• 2 gm/500 gms

• 1 gm/4 kg

A cheque becomes invalid after 6 months - true or false?

• True

• False

The drawee is the bank upon whom the cheque is drawn (who issued the cheque book)

• True

• False