Banking Quiz

Banking Quiz

Professional Development

15 Qs

quiz-placeholder

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Assessment

Quiz

English

Professional Development

Hard

Created by

Ann Ong

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do banks usually send monthly to account holders?

Cheques

Credit cards

Statements

Cash

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are sums of money coming into an account called?

Debits

Credits

Withdrawals

Transfers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bank transfer used for?

Paying bills

Depositing cash

Withdrawing cash

Earning interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mortgage?

A short-term loan for buying a car

A long-term loan for buying a place to live

A type of foreign currency

An insurance policy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can a bank do if a borrower doesn't repay a mortgage?

Increase the interest rate

Repossess the house or flat

Offer a new loan

Reduce the loan amount

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional products do banks try to sell to customers?

Real estate

Insurance products

Electronics

Automobiles

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the British English term for "traveler's check"?

Traveller's cheque

Traveller's note

Traveller's bond

Traveller's draft

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