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Question Practice

What does it mean when money is said to 'work for you' in banking?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Banks and the Magic of Finance
Question Bank

What does it mean when money i...

Single Answer MCQ
Q-00131352

What does it mean when money is said to 'work for you' in banking?

1

Money should be spent immediately

2

Money is lent out to others

3

Interest is earned on savings

4

Only deposits are considered as wealth

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