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Bank

Total questions: 20

Worksheet time: 13mins

Name
Class
Date
1.

A company usually opens ...................... account in a Bank.

a)

Current

b)

Saving

c)

Fixed

d)

Recurring

2.

Bank is a ................ Institution.

a)

Financial

b)

Social

c)

Cultural

d)

Economical

3.

Bank provides overdraft facility to .......... Account holder.

a)

Saving

b)

Current

c)

Fixed deposit

d)

Recurring deposit

4.

...................Withdrawal slip is used for depositing cash into a Bank account

a)

Fixed

b)

Current

c)

Saving

d)

Recurring deposit

5.

Generally intrest is not paid on ............ deposit account.

a)

Current

b)

Saving

c)

Fixed

d)

Recurring

6.

A deposit which is kept for fixed period in bank is called.................. deposit.

a)

Current

b)

Fixed

c)

Current

d)

Recurring

7.

7)We should keep our savings with

banks because.

a)

Earns interest

b)

It's safe

c)

Can be withdrawn anytime

d)

All of the above

8.

Bank does not give loan against

a)

K.C. Chakrabarty

b)

D K Mittal

c)

Raghuram Rajan

d)

Montek Singh Ahluwalia

9.

ATM means

a)

Any Time Money

b)

Automated Teller Machine

c)

Auto Truck of Mahindra

d)

None of above

10.

ATM password to be shared only with

a)

Spouse

b)

Obident son

c)

Obident daughter

d)

None of the above

11.

Currency notes are issued by

(a)  

12.

The safest place for keeping money

(a)  

13.

Kyc means (a)   In a Bank

14.

Coins are issued by (a)  

15.

(a)   present governor of RBI

16.

It' is necessary to instruct the bank to stop payment of a cheque

a)

True

b)

False

17.

Bank correspondence should be brief and to the point

a)

False

b)

True

18.

A deposit which is kept for fixed period in bank is called current deposit

a)

True

b)

False

19.

Generally intrest is not paid on saving deposit account

a)

True

b)

False

20.

Current account is suitable to salaried people

a)

True

b)

False