BANKING Q1

When we pay someone by using a cheque, you cannot force him or her to accept the cheque because a cheque is .....

• not a legal tender

• just a paper

• fake

• a toy

A crossed cheque has ........ drawn on its face

• two dots

• two answers

• two crossed lines

• two parallel lines

One of the advantages of a debit card to a card holder is .....

• high interest charged to card holder

• no interest charged to a card holder

• card holder has to bring a lot amount of money in his pocket

• it cannot be used if there is no money in the account

Overdraft facility can only be enjoyed by the ....... holders.

• Saving Account

• Current Account

• Fixed Deposit Account

• Accounting

This is an example of a/an ..... cheque.

• open

• crossed

• torn

• payee

Which is not one of the service provided by commercial banks?

• night safe facility

• issuing travellers cheques

• providing loan

• providing vending machine

A disadvantage of this card to the retailer is .......

• retailer needs to bring a lot of money with him

• there is a limit for retailer to spend

• retailer will only received the money once the transactions have been authorised

• retailer can spend it unnecessarily

One of the local banks in Brunei Darussalam is ....

• Baiduri

• Maybank

• Standard Chartered

• RHB

Which of the following is not one of the reasons for dishonoured cheque?

• stale cheque

• drawer has closed his/her account

• drawer's signature is forged

• drawee has closed one of its branches

This is a picture of a/an ......

• automated homework machine

• automated teller machine

• automated sewing machine

• automated money machine