Deposit with Banks

Q. Which of the following are the benefits of depositing money in a bank?

1. The deposited money remains safe.
2. The deposited money earns interest.
3. The deposited money is easy to track.
4. The deposited money can be withdrawn when required.

Q. Priya gave a to Rachita, which allowed her to get money from Priya's bank account.

1. cash
2. cheque
3. coins
4. cryptocurrency

Q. Raman opened an account in ABC Bank and deposited 5, 000 rupees in it. After the year ended, the account statement showed a balance of 5, 350 rupees. What is the extra 350 rupees for?

1. Fine
2. Interest
3. Bank charges
4. Refund

Q. Leo is shifting to a new city. Suggest a way for him to safely take all his money.

1. Keep the money in a piggy bank
2. Keep the money in cartons
3. Keep the money in bank as deposit
4. Spend the money before travelling