Savings and Resource Preservation

Keeping of things for future use is referred to as

• Savings

• Waste

• Extraordinary

• Usefulness

When a group of people put money together and give to one person until it goes round, what is this pattern of saving called?

• Partnership

• Giving

• Osusu

• Kindness

Which of these banks serves as a watch dog to other banks?

• Apex bank

• Central bank

• Commercial bank

• Micro-Finance bank

Which of these is a factor that can affect savings?

• Employment

• High income

• Small family size

• Large family size

The ___________ bank is a bank that accepts cash deposits from people and gives out loans to customers who have good credit history.

Which of these is NOT an important item that we can save?

• 
• 
• 
• 

The first step to save money is to do what?

• Open a bank account

• Drop your money at the gate of the bank

• Spread the money at home

• Show it to your friends

The two types of account are savings and ---

• current

• family

• past

• slow

Savings should be discouraged

• No

• Yes

• Not sure

• Not necessary

A ______ is an institution that accepts money from people in the form of deposits.