Now Is the Time To Convert War Loan

Now Is the Time To Convert War Loan

Assessment

Interactive Video

History

KG - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video provides an overview of the money order department in Holloway, London, highlighting the growth of savings certificates from 1916 to 1932. It discusses the significant sales and investment figures, the world's largest index of certificate holders, and appeals to holders to convert old certificates for better interest rates, benefiting both individuals and the country.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial setup for handling savings certificates in 1916?

An outdoor kiosk

A dedicated building

A small room with a table and chairs

A large office with multiple desks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many savings certificates have been sold according to the speaker?

Over a thousand million

Over a hundred million

Over a million

Over ten thousand million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is notable about the alphabetical index mentioned in the transcript?

It is shrinking every week

It is the smallest index in the world

It is growing by 1,200 names every week

It is the largest index in the world

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should holders of the old 15 shilling and sixpenny issue do?

Sell them immediately

Convert them for better interest rates

Keep them as they are

Donate them to charity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it beneficial for certificate holders to convert their old issues?

To increase the number of certificates

To receive a lower interest rate

To help their country and themselves

To avoid taxes