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Banks

Authored by Ankita [SJU]

Life Project

2nd Grade

Used 4+ times

Banks
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bank?

where people save and borrow money

A store that sells books

A place where people save and borrow money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the importance of a bank?

To offer a service for people who wish to save, protect and transfer money.

To provide entertainment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose a saving account?

to save money for the future

to borrow money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a deposit?

Money that is put into a bank account.

Money that is taken out of a bank.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a loan?

Money that a bank lends to people to buy a car a house.

Money that a bank takes from people.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is online banking?

A type of bank that pays your medical bill.

A service that allows you to pay online for buying goods and services.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can people transfer money from one bank account to another?

Yes

No

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