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O-LevelCommerceBanking7100/11 · Oct/Nov 2020 · Q331 Mark

Mrs Rashid runs a stall in a local market selling home-grown produce to customers. Which banking service is she not likely to need in her business?

Acurrent account

Bdeposit account

Cnight safe

Doverdraft

✓ Correct answer

B: deposit account

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2020 Paper 1 Variant 1, question 33.

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