Vocabulary
What is it called when you take money out of your checking or savings account?
Withdrawal
What is the amount of money that you have in your bank account called?
Balance Account
A piece of paper printed by a bank that you sign and use to pay for things
Cheque
Money that we borrow from bank is known as
Loan
Who distributes debit or credit cards?
Companies or Banks
Bank
A deposited amount in bank is known as
Saving Account or Deposit Account
Saving Account
What do you call the money that you get on your deposit money in bank?
Interest
A small book containing a record of the money you put into and take out of your savings account at a bank or post office
Passbook
Who issues money in India ?
Reserve Bank or Indian Bank
Reserve Bank of India