L506: Types of Bank Accounts
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10th - 12th Grade
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In ______ account, the holder can withdraw the money anytime without many restrictions.
Savings
Fixed
Current
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following bank account is used by business organisations/companies?
Savings account
Fixed deposit account
Current /Business account
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following type of account in which banks do not provide any type of interest?
Savings account
Fixed deposit account
Current/Business account
Recuring deposit account
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In _____ account, money is deposited for the fixed term and cannot be withdrawn before maturity.
Fixed deposit
Certificate of deposit
Business
Both 1 & 2
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In USA, _____ account is specially used for day to day spending.
Checking
Savings
Certificate of deposit
None of the above
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
______ account pays interest on deposits.
Savings
Fixed deposit
Business
All of the above
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