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Money and banking

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

Money is a generally acceptable medium of

(a)  

2.

The main types of financial institutions in the market money are

(a)  

3.

Any good use as money must be hard wearing. This characteristics is called

(a)  

4.

The number of times money is exchage or pass from one holder to another in any fiven period is called

(a)  

5.

Banks accept deposits of money and saving from their customers. They attract it by paying customers . . .

(a)  

6.

The banks specialize in helping large business organizations raise finance to their operations and expansion are called

(a)  

7.

The centre of the banking systems in most economies is the

(a)  

8.

The central bank will normally have the exclusive right to print and issue

(a)  

9.

The card that we can used to make payments and it allow the holder up to a month or longer to pay for the purchase is called

(a)  

10.

The percentage that bank charge on a loan is called

(a)