Financial Institutions Quiz

Financial Institutions Quiz

12th Grade

10 Qs

quiz-placeholder

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Financial Institutions Quiz

Financial Institutions Quiz

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Bryan Bontrager

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you were to make a financial investment, what would make it grow fastest?

Dividends

Simple interest

Compound interest

Real Estate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of insurance would you buy to make sure your family is financially stable if you were to die?

Auto insurance

Disability insurance

Life insurance

Umbrella insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of insurance would you buy to make sure you will receive payments in case you are injured?

Auto insurance

Disability insurance

Life insurance

Umbrella insurance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money you pay to an insurance company for coverage is known as a

Deductible

Premium

Interest rate

Dividend

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They are FDIC insured.

Credit Union

Title Pawn Lender

Payday Lender

Bank

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They generally have the lowest interest rates on loans.

Credit Union

Title Pawn Lender

Payday Lender

Bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They offer loans in exchange for a portion of your paycheck.

Credit Union

Title Pawn Lender

Payday Lender

Bank

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