Usborne Money Reading for Beginners - Other Types of Banks
Authored by Phoebe Nguyen
English
5th Grade
CCSS covered
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All the commercial banks work the same way.
True.
False.
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
According to the Islamic trandition, why is interest immoral?
(a)
Tags
CCSS.RI.5.7
CCSS.RI.6.7
CCSS.RL.4.7
CCSS.RL.5.7
CCSS.RL.6.9
3.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What is one of the ways that the Islamic banks get around charging interest?
(a)
4.
DROPDOWN QUESTION
1 min • 1 pt
Murabaha means the (a) agree to a (b) price to buy things with the bank.
Tags
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.5.3
CCSS.RI.6.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a customer is involved in a murabaha with the bank, the bank still makes a profit.
Yes.
No.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a murabaha, does the dept grow bigger over time?
Yes.
No.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some alternatives that people choose to store and borrow money?
Crowdfunding
Peer-to-peer lending
Credit unions
All of the above.
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