Banking Services

Banking Services

6th Grade

25 Qs

quiz-placeholder

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Banking Services

Banking Services

Assessment

Quiz

Business

6th Grade

Practice Problem

Easy

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of a bank?

To build houses

To offer medical care

To provide financial services

To sell goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a savings account?

To earn interest on deposited money

To spend money freely

To donate money to charity

To buy expensive items

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of e-banking?

Banking through electronic means

Banking through phone calls

Banking through letters

Banking through physical visits only

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of net banking?

To read physical books

To watch movies online

To perform banking activities via the internet

To play video games

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between a bank and a moneylender?

Banks are legal, moneylenders are not

Banks do not accept deposits

Banks offer higher interest rates

Moneylenders provide better customer service

6.

OPEN ENDED QUESTION

1 min • 5 pts

Media Image

Meaning of deposit and withdrawal

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a bank do with our money?

Keeps it in a bank

lends to others for productive use

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