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Banking in The Bahamas
Author :
Virtual School Bahamas
1.
What is a card used to buy things without paying cash called?
A.
cheque
B.
loan
C.
credit card
D.
mortgage
2.
Which of the following is used as a currency for other countries?
A.
travelers cheque
B.
ATM
C.
loan
D.
mortgage
3.
Which of the following is a card used in a machine to get money?
A.
loan
B.
cheque
C.
ATM card
D.
account
4.
What is it called when we borrow money from a bank?
A.
loan
B.
savings
C.
deposit
D.
interest
5.
What is it called when we put money into a bank?
A.
loan
B.
savings
C.
deposit
D.
interest
6.
Which of the following is a paper that can be exchanged for cash?
A.
loan
B.
cheque
C.
ATM card
D.
account
7.
Why is banking in The Bahamas important?
A.
Many people are employed in this type of business.
B.
Many people are employed in this type of business.
C.
Only Bahamians are employed in this type of business.
D.
Only Americans are employed in this type of business.