Various Saving Schemes and Products


46. What is the purpose of a business savings account?

a) To save for short-term expenses

b) To make online purchases

c) To provide funding for higher education expenses

d) To earn interest on surplus business funds

View Answer >

47. Which of the following is NOT a type of credit report agency?

a) Equifax

b) Experian

c) TransUnion

d) Mastercard

View Answer >

48. What is the purpose of a business term deposit?

a) To save for short-term expenses

b) To make online purchases

c) To provide funding for higher education expenses

d) To earn interest on surplus business funds

View Answer >

49. Which of the following is NOT a type of credit card reward program?

a) Cash back rewards

b) Travel rewards

c) Shopping rewards

d) Insurance rewards

View Answer >

50. What is the purpose of a business term loan?

a) To save for short-term expenses

b) To make online purchases

c) To provide funding for higher education expenses

d) To provide a lump sum of funds for business needs

View Answer >

telegram Join Telegram
Join Now Join Now