Banking Services
Authored by GSOM Learn
Business
6th Grade
Used 6+ times
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25 questions
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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
Meaning of deposit and withdrawal
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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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