Financial Institutions

Financial Institutions

Assessment

Assessment

Created by

Patrick Kelly

Business

1st - 3rd Grade

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10 questions

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1.

Multiple Choice

20 sec

1 pt

Which of the following services does a bank not provide?

Debit Cards

Loans

Government Subsidies

Cheque Writing Services

2.

Multiple Choice

20 sec

1 pt

The Bank of England is responsible for setting interest rates and controlling the national debt.

True

False

3.

Multiple Choice

20 sec

1 pt

If a Bank/Building Society goes bust, balances upto _______ are covered?

£65000

£75000

£85000

£95000

4.

Multiple Choice

20 sec

1 pt

Pension companies work by investing your money for you to try and increase its value for when you retire.

True

False

5.

Multiple Choice

20 sec

1 pt

Which of the following is a Government backed organisations offering secure savings options?

Pawnbrokers

Building Societies

National Savings and Investments

Credit Union

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