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- 1. Multiple Choice
Savings is the act of putting money or valuables aside for
our parent
Future use
Our school fees
Now use
- 2. Multiple Choice
One of the most common way of saving in modern times is
In the shelf
In the hole
In the bank
Anywhere
- 3. Multiple Choice
Apart from money, we can also save valuable documents and items in the bank
True
False
Maybe
Never
- 4. Multiple Choice
Things that are saved in the bank are called
Interest
Loan
Funds
Deposits
- 5. Multiple Choice
Money saved in the bank generates ______ for the owners
Funds
deposit
Loan
Interest
- 6. Multiple Choice
Apart from saving money, a customer can also borrow money from the bank in form of _____
Loan
Deposit
Interest
Paper
- 7. Multiple Choice
The apex bank in Nigeria is
Development bank
Community bank
Central bank of Nigeria
Merchant bank
- 8. Multiple Choice
The CBN was established in what year?
1957
1958
1959
1969
- 9. Multiple Choice
Which of the following is a privately owned bank?
Merchant bank
Commercial bank
Community bank
Development bank
- 10. Multiple Choice
Which of the following is not an example of commercial bank in Nigeria?
GT bank
Eco bank
Stanbic IBTC bank
Development bank
- 11. Multiple Choice
Which of the following bank can only be found in one community?
Merchant bank
Savings bank
Community bank
Commercial bank
- 12. Multiple Choice
Saving money in the bank also enable us to obtain loans from the bank
True
False
never
- 13. Multiple Choice
We save our money so that we can use them later in the future
TRUE
FALSE
NEVER
- 14. Multiple Choice
Which of these banks is majorly set up by the government to help people earning salaries?
Merchant bankS
Development bankS
Savings bankS
Commercial banks
- 15. Multiple Choice
Which of these banks is in charge of printing and distribution of money in Nigeria?
Commercial banks
The Central Bank of Nigeria
Development banks
Merchant banks
- 16. Fill in the Blank
What is the name of your school?
- 17. Fill in the Blank
What class are you?
- 18. Open Ended
What is your name?
- Answer choicesTagsAnswer choicesTags