Banking in The Bahamas

1.

Multiple Choice

30 sec

1 pt

What is the definition of a bank?

a trust place that looks after money and valuable things for its customers.

A store that looks after money and valuable things for its customers.

A business place that looks after money and valuable things for its customers.

2.

Multiple Choice

30 sec

1 pt

What do customers who leave money in the bank for a period of time received?

food

gifts

credit card

interest

3.

Multiple Choice

30 sec

1 pt

Which country uses this currency?

Nassau

Bahamas

Eleuthera

United States

4.

Multiple Choice

30 sec

1 pt

Which country uses this currency?

Bahamas

Jamaica

Europe

America

5.

Multiple Choice

30 sec

1 pt

What type of services does the object in the pictures provide.

credit card

personal cheques

ATM

loan

6.

Multiple Choice

30 sec

1 pt

What type of services is the picture represents?

personal cheque

credit card

ATM

travellers cheque

7.

Multiple Choice

30 sec

1 pt

What type of services is the picture represents?

personal cheque

credit card

ATM

travelers' cheque

8.

Multiple Choice

30 sec

1 pt

What type of services is the picture represents?

personal cheque

credit card

ATM

cash withdrawal

9.

Multiple Choice

30 sec

1 pt

We provide personal and business transactions.

commercial bank

trust bank

offshore bank

10.

Multiple Choice

30 sec

1 pt

We do not handle cash. We are

commercial bank

trust bank

offshore bank

11.

Multiple Choice

30 sec

1 pt

We are banks where foreigners deposit their money for various reasons.

commercial bank

trust bank

offshore bank

12.

Multiple Choice

30 sec

1 pt

Why is banking important in The Bahamas?

many people go in this type of business.

many people learn in this type of business.

many people are employed in this type of business.

many people invest in this type of business.

13.

Multiple Choice

30 sec

1 pt

What is the profit made by banks used for?

They go into the public treasury and are used to help provide things for the country.

They go into the public treasury and is used to help provide food for people

They go into the public treasury and are used to help the leaders of the country

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