BANKING SERVICES
Quiz
•
Other
•
9th Grade
•
Hard
azlena ho
Used 35+ times
FREE Resource
Enhance your content
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a function of commercial banks?
acting as bankers to government
deciding interest rates for savers and borrowers
lending to businesses and personal customers
organising import and export trade
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which banking service is used if money is urgently required overseas?
bank draft
cheque
direct debit
electronic transfer
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which service is NOT available to bank customers through Automatic Teller Machines (ATMs)?
checking the balance of their accounts
organising personal loans
requesting printed bank statements
withdrawing cash
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A trader with a bank current account wishes to make monthly payments for a trade journal. Which method of payment would be most suitable to use?
bank draft
bank notes
cable transfer
standing order
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
On what type of bank account may a trader draw cheques?
current account
deposit account
investment account
loan account
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A night safe is used for the safekeeping of
cheque books when they are not in use.
jewellery and important documents.
money collected after banking hours.
money deposited during the day.
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Banks provide automatic teller machines (ATMs) at which customers can use debit cards to obtain cash. For which other purpose can a customer use an ATM?
checking the balances of accounts
exchanging bank notes for coins
organising a personal loan
requesting an interview at the bank
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
15 questions
Profit and Loss
Quiz
•
9th Grade
10 questions
Banks
Quiz
•
9th Grade
15 questions
Marketing Chapter 3 Lesson 1
Quiz
•
9th - 12th Grade
14 questions
MEANS OF PAYMENT
Quiz
•
9th - 12th Grade
15 questions
GRADE 09 FINANCIAL LITERACY
Quiz
•
9th Grade
8 questions
Financial Planning I - Objective 2.03
Quiz
•
9th - 12th Grade
15 questions
Checking Accounts
Quiz
•
9th - 12th Grade
10 questions
introduction to principles of accounts
Quiz
•
9th Grade
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
ELA Advisory Review
Quiz
•
7th Grade
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade
Discover more resources for Other
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade
20 questions
Distribute and Combine Like Terms
Quiz
•
7th - 9th Grade
12 questions
Graphing Inequalities on a Number Line
Quiz
•
9th Grade
11 questions
NFL Football logos
Quiz
•
KG - Professional Dev...
20 questions
Cell Organelles
Quiz
•
9th Grade
20 questions
Cell Transport
Quiz
•
9th Grade