Money and Finance Quiz

What is the extra money banks pay you for saving called?

• Rent

• Interest

• Salary

• Tax

Which tool helps you withdraw money without going to the bank counter?

• Calculator

• ATM

• Piggy bank

• Notebook

If you save ₦1,500 and earn ₦150 interest, how much do you have?

• ₦1,350

• ₦1,500

• ₦1,650

• ₦150

What is the first step to open a bank account?

• Buy candy

• Fill out a form

• Call a friend

• Draw a picture

Which of these is not a place to save money?

• Bank

• Piggy bank

• Under your pillow

• Library

What do you need to use an ATM?

• A library card

• Your PIN

• A toy

• A ruler

What happens if you give wrong details when opening a bank account?

• You get a prize

• The account may not open

• The bank closes forever

• Nothing happens

Which of these is needed on a withdrawal slip?

• Your favorite color

• Your signature

• Your pet’s name

• Your shoe size

What is the full meaning of ATM?

• Any Time Money

• Automatic Teller Machine

• Always Take Money

• All The Minutes

Why is saving in a bank better than at home?

• Money can get lost at home

• Banks pay interest

• Both A and B

• Banks give free toys