Personal Financial Literacy: Banking Saving and Investing
Quiz
•
Mathematics
•
9th - 12th Grade
•
Medium
+15
Standards-aligned
Jeff Da Moude
Used 4+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "interest rate" refer to?
The amount of money in a savings account
The percentage charged for a loan or the percentage paid on a savings account
The number of bank branches
The total amount of a loan
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are savers?
People who deposit money into the bank
People who take loans from a bank
Bank employees
Government officials
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are borrowers?
People who deposit money into the bank
People who get loans from a bank
Bank managers
Investors
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does "fully banked" mean?
A person with no bank account
A person who has some form of checking, savings, or money market account
A person who only uses cash
A person who works at a bank
Tags
CCSS.RI.11-12.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.9-10.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does "underbanked" mean?
A person with no financial services
A person who has some form of checking, savings, or money market account but uses alternative financial services
A person who only uses digital banks
A person who has multiple bank accounts
Tags
CCSS.RI.11-12.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.8.4
CCSS.RL.9-10.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a digital bank?
A bank that has physical locations
A bank that delivers products and services remotely through electronic channels
A bank that only offers savings accounts
A bank that only serves government employees
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit union?
A for-profit bank
A nonprofit depository institution owned by members
A type of loan
A government agency
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