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10 questions
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- Multiple ChoicePlease save your changes before editing any questions.
Which of the following services does a bank not provide?
Debit Cards
Loans
Government Subsidies
Cheque Writing Services
- Multiple ChoicePlease save your changes before editing any questions.
The Bank of England is responsible for setting interest rates and controlling the national debt.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
If a Bank/Building Society goes bust, balances upto _______ are covered?
£65000
£75000
£85000
£95000
- Multiple ChoicePlease save your changes before editing any questions.
Pension companies work by investing your money for you to try and increase its value for when you retire.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following is a Government backed organisations offering secure savings options?
Pawnbrokers
Building Societies
National Savings and Investments
Credit Union
- Multiple ChoicePlease save your changes before editing any questions.
________________ Offer protection against unexpected financial losses or expenses.
Insurance Companies
Payday Loan
Bank Of England
National Savings and Investments
- Multiple ChoicePlease save your changes before editing any questions.
__________ are businesses or individuals who loan money against the security of a personal asset. (eg, Jewellery / Mobile Phone)
Payday Loans
Building Society
Credit Union
Pawnbrokers
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following financial institutions cannot be accessed by the general public?
Credit Unions
Bank
Building Societies
Bank of England
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following institutions operates as a not-for-profit organisation?
Insurance Company
Credit Union
Pawnbrokers
Payday Loan
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following institutions is not owned by its members.
Credit Union
Building Societies
Pension Companies