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Banks/Exchange Rate

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The word 'Bank' came from an Italian work ___ which means table and bench for German word.

a)

Banca

b)

Benca

c)

Banka

d)

Bancha

2.

It means the money that the country uses.

a)

rate

b)

currency

c)

currentcy

d)

currentsy

3.

An amount to be paid according to a set of calculations.

a)

rate

b)

numerous

c)

economy

d)

import

4.

It means an arrangement with the bank to keep your money safe.

a)

bank

b)

account

c)

finance

d)

offer

5.

To make something available; to provide or supply something.

a)

offer

b)

numerous

c)

account

d)

bank

6.

Most banks are NOT offering savings accounts for the customers.

a)

True

b)

False

7.

Many people are using banks for different purposes.

a)

True

b)

False

8.

There are people who go to the bank to borrow money, it is called a BANK ACCOUNT.

a)

True

b)

False

9.

Banks lend money to customers and businesses.

a)

True

b)

False

10.

There are different types of saving accounts that allow the customers to save money.

a)

True

b)

False

11.

A bank is NOT a safe place to keep your money.

a)

True

b)

False

12.

___ tells how much one currency is equal to in another country.

a)

Foreight echange rate

b)

Foreign exchange rate

c)

Foreign exchange rete

d)

Foriegn exchenge rate

13.

The foreign exchange rates used to be determined by how much gold a country had.

a)

True

b)

False

14.

Every country has its own currency.

a)

True

b)

False

15.

It is very helpful to go to the bank and exchange your money if you will be travelling to a different country.

a)

True

b)

False