Business Basics Activity
Name:
Date:
Teacher:
Instructions: Please complete the following assigned tasks and email or upload
to your specific teacher:
Teachers of Business Basics
Mrs. Hardeen
Ms. Hewitt
Mr. Powell
1.
A.
B.
C.
D.
Commercial bank provide
Services to teachers and doctors
Shops and supermarkets
All of the above
None of the above
2. Which of the following is an example
of commercial bank?
A. EXIM bank
B. Pan Jamaica Merchant Bank
C. JMMB
D. NCB
3. Which of the following is NOT a
function of commercial banks?
A. Open accounts
B. Manager’s cheque
C. Safe custody
D. Sell shares
4. When someone puts money into a
bank account this is called?
A. Fee
B. Deposit
C. Donation
D. Loan
e-mail addresses
suzette.hardeen@yahoo.com
joanhewittfagon@gmail.com
markpowell489@gmail.com
5. A ________is when someone decides
to take some or all of his money out of
the bank.
A. Reduction
B. Credit
C. Withdrawal
D. Closing
6. When a bank loans money to persons
or business and charges a fee this is
called.
A. Interest
B. Savings
C. Credit
D. Cash flow
7. Which of the following is not an
activity of commercial banks?
A. Prepare managers cheques
B. Issues Debit Card
C. Issue credit cards
D. Sells investments.