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Banking - Test Review

Total questions: 14

Worksheet time: 13mins

Name
Class
Date
1.

The fee associated with borrowing money.

a)

Interest

b)

Deposit

c)

Withdraw

d)

Investment

2.

Money the bank pays to you for letting them "borrow" your money

a)

Loan

b)

Interest

c)

Deposit

d)

Withdraw

3.

To take money out the bank

a)

Deposit

b)

Loan

c)

Tax

d)

Withdraw

4.

A medium of exchange that sets a common standard of value.

a)

Currency

b)

Money

c)

Income

d)

Reserve

5.

An account where you would keep money you use day to day.

a)

Saving

b)

Checking

c)

Investment

d)

ATM

6.

A debit card is _____________ money.

a)

the bank's money

b)

your money

c)

borrowed money

7.

A credit card uses money that is owned by ________________.

a)

You

b)

The bank

c)

a loan

d)

interest

8.

This account earns a higher interest because that money is not used day to day.

a)

Checking Account

b)

Loan

c)

Saving Account

d)

ATM

9.

This machine is available 24 hours, 7 days a week for deposits and withdrawals.

a)

Bank Teller

b)

ATM

c)

Bank Manager

d)

Financial Analyst

10.

This person takes care of deposits and withdrawals at the bank.

a)

Bank Teller

b)

ATM

c)

Bank Manager

d)

Financial Analyst

11.

There job is train others and make sure everything gets done at the bank.

a)

ATM

b)

Branch Manager

c)

Bank Teller

d)

Financial Analyst

12.

This person's job at the bank is to approve loans, buy stocks and mange the banks money.

a)

Bank Teller

b)

ATM

c)

Branch Manager

d)

Financial Analyst

13.

A credit card bills you monthly.

a)

True

b)

False

14.

You can take more money out of your account than you have deposited.

a)

True

b)

False