
Banking EPF quiz
Authored by Ethan Shumate
Financial Education
12th Grade

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the international banking system referred to?
An enigma
A simple system
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or false: There are less than 29,000 banks in the world.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one way a bank can make money?
Loan Interest
Debit Cards
Run on deposits
Loan Sharks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was banking meant to fix?
Too many currencies
Too much money
High taxes
Monopolies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services and products.
a not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services and products.
Credit Union
Bank
ATM
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
accounts that exist solely within your organization and that are used to transfer funds between business units.
Internal Banking
Banking
Credit account
Debit Account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
sum of money that one or more individuals or companies borrow from banks or other financial institutions so as to financially manage planned or unplanned events.
Loans
Credit
Debt
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