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WorksheetsBanking and Finance P.A 1 and 2
Total questions: 20
Worksheet time: 11mins
Banks work because of the peoples trust and confidence
True
False
Which bank accepts the deposits from the public?
Commercial Banks
State Bank
Mortgage Bank
All of the above
Who works in a bank?
teacher
teller
What is it?
money
check
Take money out from your bank account.
withdraw
deposit
Take money out from your bank account.
withdraw
deposit
What is it?
ATM
car
What is this?
Bills
Money
Visa, American Express, Mastercard - What are they?
Money
credit cards
Where they keep the money.
school
safe
What is it?
bank receipt
paper
What are they?
toys
coins
Often associated with social good these early banks were often designed to encourage low income people to save money and have access to banking services are
Investment Bank
Industrial Bank
Savings Bank
Central Bank
A bank can give your money away to anyone they want.
True
False
A bank is not supposed to share your personal information with anyone.
True
False
A type of financial institution that offers only a limited range of service.
Industrial Bank
Central bank
Savings bank
E-banking
A type of bank that is responsible for overseeing the monetary system for a nation
Commercial banks
Savings banks
Industrial banks
Central banks
A financial institution that gathers savings, paying interest or dividends to savers.
Industrial bank
Commercial bank
Savings bank
E-banking
It is also called as Online banking that allows a user to conduct financial transactions via Internet.
Savings bank
E-banking
Central bank
Industrial bank
