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Bank Account

Bank Account

Assessment

Interactive Video

Business

1st - 5th Grade

Practice Problem

Easy

Created by

Kelly Eng

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Malik want to save up for?

A video game console

A new bicycle

A pet dog

A trip to the zoo

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Jamal suggest Malik should get a bank account?

To buy a new book

To earn more birthday money

To keep his money safe

To learn about banks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main benefit of a savings account?

It allows frequent withdrawals

It is only for adults

It offers higher interest

It provides an ATM card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is interest according to Jamal?

A charge for opening an account

Money given by the bank for saving

A fee for using a bank

A type of bank account

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What feature does a current account offer?

Higher interest rates

An ATM card for withdrawals

A limit on deposits

A free gift on opening

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