G.K. Questions on Banking
Congratulations - you have completed G.K. Questions on Banking.
You scored %%SCORE%% out of %%TOTAL%%.
Your performance has been rated as %%RATING%%
Which of the following statements about investing is TRUE?
On average, putting money in a savings account earns a higher return than investing money in the stockmarket.
Investing is riskier than putting money in a savings accounts.
Investing is best for short-term financial goals.
Investing is a guaranteed way to make money.
Central banking and merchant banking both involve the provision of financial service and advice.
Looks like a credit card, however, money is immediately deducted from your bank account.
Jackson approved it
Jackson vetoed it
You can easily carry money in a pocket or a purse. This reflects what CHARACTERISTIC of money?
A major difference between banks and credit unions are that credit unions are not for profit.
What is the definition of Debt?
Written financial plan to manage income, expenses and savings.
The amount of money in your account that you can use or withdraw.
An act of taking money out of an account.
something that is owed or that one is bound to pay to or perform for another.
Ringgit and foreign currency deposits are separately protected if they are placed in the same bank.