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BANKING

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What is the Fee called when there is not enough money in your Checking Account to cover the Check?

a)

Bad Check

b)

Fee

c)

Overdraft

d)

Good Check

2.

What is a Check that appears on a Bank Statement called?

a)

Bad check

b)

Good check

c)

Cleared check

d)

Outstanding check

3.

Liquidity is

a)

the ability to access cash quickly

b)

the ability to pay on line

c)

the ability to have your money in the bank insured

d)

the ability to access your bank records

4.
What does ATM stand for
a)
Automatic Teller Machine
b)
Automatic Token Money
c)
Automatic Teller Money
d)
Automatic Teller Man
5.

A type of social engineering attack set up to look like your Online Bank Account. It is often used to steal User data, including Login Credentials and Credit Card Numbers

a)

Phishing

b)

Virus

c)

Worm

d)

Hacking

6.

When you use an Online Bank Account the data that leaves your computer is usually ....

a)

Embossed

b)

Encoded

c)

Encracked

d)

Encrypted

7.

Buying and selling of government securities by the Central Bank from/to banks is called?

a)

Open Market Operations

b)

Margin

c)

Banking

d)

Trading

8.

A Bank Account that you can take money out of at any time.....

a)

Current account

b)

Deposit account

c)

Savings account

d)

Overdraft

9.

World investment Report is published by .....

a)

UNDP

b)

World Bank

c)

IMF

d)

UNCTAD

10.

If you wish to purchase US dollars to travel abroad, you will approach:-

a)

Ministry of Finance

b)

US Embassy

c)

Any Bank branch authorized for such activity

d)

External Affairs Ministry