SAVINGS

Keeping something for use in the future means .............

• giving

• savings

Why do we save things?

• In order to destroy them

• So that we do not lose or damage them

Which of these is a reason for saving?

• To pay for children's education

• To reduce the money

In the past, people saved in the ...........

• bank

• Pot

One of the most common way of saving in modern times is

• In the shelf

• In the hole

• In the bank

• Anywhere

The Apex bank in Nigeria is

• Development Bank

• Community Bank

• Central Bank of Nigeria

• Merchant Bank

Apart from money, we can also save valuable documents and items in the bank

• True

• False

We can save money for the following reasons except..................

• emergency

• retirement

• frequent parties

• large purchase

Which of the following is not a duty of the Central Bank?

• Prints money

• Gives loan to people

• Controls all other banks

When was Central Bank of Nigeria established?

• March, 1960

• March, 1958