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The General Banking and Finance Quiz

Answer these general banking and finance quiz questions
Quiz by crazyjz
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Last updated: August 20, 2013
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First submittedAugust 20, 2013
Times taken897
Average score30.0%
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Hint
Answer
Basic demand deposit
Checking Account
Basic interest bearing deposit
Savings Account
Mutual Fund Demand Deposit
Money Market
Name for personal loans
Consumer Loans
Name for rental or real estate loans
Commercial Loans
Name for farm loans
Agricultural Loans
Fee associated with overdrawing an account
Overdraft Fee
What does DOT stand for
Deed of Trust
What you pay or what you earn
Interest
Card for directly taking cash out of an account
Debit Card
Hint
Answer
Bank employee who takes deposits
Teller
Name for paper money
Cash
Name for putting money into an account
Deposit
Name for taking money out of an account
Withdrawal
A banks name for a loan
Note
What does CD (CoD) stand for
Certificate of Deposit
What does ATM stand for
Automated Teller Machine
How much money is guaranteed by the FDIC per Institution
$250,000
What does FDIC stand for
Federal Deposit Insurance Company
Who do banks buy cash from
Federal Reserve System
Twentysix385
+1
Level 62
Aug 20, 2013
You spelled "withdrawal" wrong and the correct spelling is not accepted
crazyjz
+1
Level 9
Aug 20, 2013
Fixed
QuizMaster4000
+1
Level 26
Apr 27, 2021
Its Federal Deposit Insurance Corporation, not company
pyramid18
+1
Level 63
Mar 22, 2022
There are several issues with this quiz that make it excessively challenging, even for someone with banking experience like myself. First of all, a "personal" loan refers, in almost every instance, to an unsecured loan. For consumer loans, you should change the clue to refer to loans secured by a consumer product, such as a car or a boat, or use "personal" loans as an example. Additionally, real estate loans are not ALWAYS commercial loans. In addition, the FDIC is the Federal Deposit Insurance Corporation, not company. Additionally, DoT is not always understood to be Deed of Trust.
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