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Banking Quiz

Authored by Erica Tucker

Business

8th Grade

Used 8+ times

Banking Quiz
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

John has misplaced his debit card, but needs to mail a payment

for his electricity bill. What other form of payment can he use?

ATM card

credit card

debit card

check

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Maria paid her bill with a plastic card with a Visa logo that is tied

directly to her checking account. What is she using?

atm card

credit card

debit card

check

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of account holds money that a customer does not plan

to spend immediately?

money market

savings

checking

line of credit

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of account is used regularly and handles day-to-day

transactions?

savings

checking

line of credit

money market

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Banks

are insured by the government

can help you keep your money safe

can help you grow your money

all of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The amount of money you have to keep in your account to avoid fees is called

interest rate

minimum balance

budget

loan

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Janet inherited a valuable necklace and needs a safe place to keep it when she isn't wearing it,

checking account
savings account
safe deposit box

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