Financial Terminology Quiz

What does FDIC stand for?

• Federal Deposit Insurance Corporation

• Financial Deposit Insurance Company

• Federal Direct Investment Corporation

• Financial Direct Insurance Company

What is the full form of NCUA?

• National Credit Union Administration

• National Credit Union Association

• National Cooperative Union Administration

• National Cooperative Union Association

DC is an abbreviation for which term?

• Debit Card

• Direct Credit

• Deposit Certificate

• Digital Currency

What does CC stand for?

• Credit Card

• Cash Card

• Customer Card

• Corporate Card

ATM is an abbreviation for what?

• Automated Teller Machine

• Automatic Transaction Machine

• Automated Transfer Machine

• Automatic Teller Mechanism

What does POS stand for?

• Point of Sale

• Payment on Sale

• Purchase of Stock

• Point of Service

DD is an abbreviation for which term?

• Direct Deposit

• Deferred Deposit

• Demand Draft

• Direct Debit

What is the full form of DP?

• Direct Payment

• Deferred Payment

• Deposit Payment

• Demand Payment

PIN stands for what?

• Personal Identification Number

• Personal Information Number

• Private Identification Number

• Public Identification Number

What does EFT stand for?

• Electronic Funds Transfer

• Electronic Financial Transaction

• Electronic Funds Transaction

• Electronic Financial Transfer