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Worksheets

Banking

Total questions: 20

Worksheet time: 54mins

Name
Class
Date
1.

Which of the following terms matches closest with ‘Family Floater’?

a)

Health insurance

b)

Property insurance

c)

Consequential loss

2.

Insurance helps to............

a)

Prevent adverse situations from occurring

b)

Reduce the financial consequences of adverse situations

c)

Negate all consequences of adverse situations

3.
What is the name?
a)
loonie
b)
toonie
c)
quarter
d)
dime
4.
The movement of funds by electronic means
a)
EFT (Electric Funds Transfer)
b)
ATM (Automated Teller Machine)
c)
PIN (Personal Identification Number
d)
POS (Point of Sale transaction)
5.
What's Gross Income?
a)
What you earn before taxes
b)
What you earn after taxes
c)
Amount of taxes you pay
d)
Disgusting money
6.

Which kitchen tool is used to beat an egg?

a)

whisk

b)

rolling pin

c)

spatula

d)

pastry blender

7.

A person is said to have insurable interest if he suffers................

a)

a stroke if any damage occurs to his relationship

b)

no financial loss at all

c)

a financial loss when the property is damaged

8.

The minimum and maximum limit for investment in SGB is....... &........ for individuals

a)

1 gm/1 kilo

b)

2 gm/500 gms

c)

1 gm/4 kg

9.

A cheque becomes invalid after 6 months - true or false?

a)

True

b)

False

10.

The drawee is the bank upon whom the cheque is drawn (who issued the cheque book)

a)

True

b)

False

11.
What does the S in SMART goal mean?
a)
Short term
b)
Specific
c)
Scientific
d)
Slow
12.

Which of the following ingredients would be measured with this tool?

a)

flour

b)

salt

c)

milk

d)

chocolate chips

13.

What type of paper can be used to line a baking sheet to prevent things from sticking?

a)

wax paper

b)

parchment paper

c)

saran wrap

d)

loose leaf paper

14.

The Sovereign Gold Bonds bear interest at the rate of ..... per cent (fixed rate) p.a. on the amount of initial investment.

a)

2.5%

b)

3%

c)

4%

15.

On maturity, the Gold Bonds shall be redeemed only in ..................

a)

Mauritian Rupees

b)

Indian Rupees

c)

US Dollar

16.
What is the name?
a)
dime
b)
loonie
c)
quarter
d)
nickel
17.

RBI advises Banks to maintain ............. relationship between the Bank and the Insurance outfit.

a)

ethical

b)

arms-length

c)

close

18.
A cancelled check is
a)
a check that is marked to show that it's been paid (cashed or deposited)
b)
a check that has an error on it and has been voided
c)
a check that is written over the amount available in the account
d)
an unpaid check
19.
a)

Cupcake Pan

b)

Cake Pan

20.
What is opportunity cost?
a)
The cost associated with taking a new job
b)
What you pay for an experience
c)
What a person gives up when making a decision
d)
Fees