Anand 25 July 2025

6. All financial activity can be done through a ____.

  1. Bank
  2. School
  3. College
  4. Workplace

Correct Answer: A

7. Institution licensed by the government to keep money safe is ____.

  1. Hospital
  2. Bank
  3. Panchayat
  4. Assembly

Correct Answer: B

8. When a person deposits a fixed sum of money every over a fixed period of time, it is a _____ account.

  1. Recurring Deposit
  2. Saving Account
  3. Current Account
  4. Fixed Deposit

Correct Answer: A

9. Arya has joined a new company. They want him to open a ______ so that they can credit his salary.

  1. Fixed Deposit
  2. Recurring Deposit
  3. Salary Account
  4. Current Account

Correct Answer: C

10. Avinash needs to know about his transactions from the last month. How can he get these details?

  1. Passbook
  2. Debit Card
  3. Credit Card
  4. Cheque Book

Correct Answer: A