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Q 1/10
Score 0
The follonwing are types of deposit accounts EXCEPT for:
45
Savings deposits
All of the choices are correct
Time deposits
Current deposits
Q 2/10
Score 0
It is an interest bearing deposit account eld at a bank or other financial institutions that provide modest interest rate.
45
Prepaid account
UITF
Checking accouny
Savings account
10 questions
Q.
The follonwing are types of deposit accounts EXCEPT for:
1
45 sec
Q.
It is an interest bearing deposit account eld at a bank or other financial institutions that provide modest interest rate.
2
45 sec
Q.
It is a personal bank account which you can take money out of using cheque book.
3
30 sec
Q.
This type of ccount allows you to invest money at a set rate for a pre-set period of time.
4
60 sec
Q.
Which of the following statements is correct about UITF?
5
60 sec
Q.
It is a debt based arrangement between a business and a bnak to finance a capital expenditures or cover operational costs.
6
120 sec
Q.
A cheque is called _______________ when the date mentioned on the cheque is yet to come. These types of cheques are issued on mutual agreement of payer and payee.
7
60 sec
Q.
A cheque is called _____________ when it is presented to the bank after the three months of duration. Any cheque remains valid up to three months duration.
8
60 sec
Q.
Credit cards allow bank customers to spend money by drawing on funds they have deposited at the bank while a debit cards allow consumers to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.
9
60 sec
Q.
This type of cards spend only what you've already deposited into your account and reload anytime.
