
Banking

Quiz
•
English
•
Professional Development
•
Medium
Nadiia Ladna
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If I want to _______________ some money from my savings account, where can I do that?
a) lend
b) withdraw
c) inherit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you give money to someone, you are said to _______________ it.
a) take out a loan
b) borrow
c) lend
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _______________ is the amount of money charged for borrowing or earning money through investments.
a) waste
b) interest rate
c) taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you want to buy a house, you might need to _______________ to afford it.
a) take out insurance
b) take mortgage
c) take out mortgage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the official rate at which one currency can be exchanged for another?
a) inherit
b) exchange rate
c) interest rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you want to protect your property, you should _______________.
a) pay my water bill
b) get a loan
c) take out insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call the act of moving money from one bank account to another?
a) exchange
b) transfer
c) lend
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