Financial products / institutions

Financial products / institutions

12th Grade

19 Qs

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Financial products / institutions

Financial products / institutions

Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

Created by

Alison Tucker

Used 3+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of financial product helps to protect you and your family from the financial consequences of an illness or injury?

Savings account
ISA
Insurance
Investment

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What type of financial product helps you to reach your long-term savings goals?

ISA
Savings account
Insurance
Investment

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What type of financial product is a deposit account which pays interest?

Investment
Insurance
ISA
Savings account

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of financial product enables you to save money and benefit from tax advantages?

Investment
Insurance
Savings account
ISA

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a financial institution?

A company providing financial products
A company providing insurance products
A company providing investment products
A company providing savings products

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of financial institution is a bank?

An insurance company
An investment company
A savings company
A financial institution

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of financial institution is a building society?

An insurance company
An investment company
A savings company
A financial institution

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