Government Organizations and Institutions Quiz

Government organisations are organisations run by the government and are responsible for the welfare of its people.

People keep money in banks for safety and security, and also because banks pay interest on the money deposited.

A bank account specifies and maintains a record of a person's money in the bank.

<p>People deposit money in the bank using pay-in slips.</p> Signup and view all the answers

<p>A cheque is a written instruction to a bank to make payment of the given amount from a bank account, written on a specially printed form.</p> Signup and view all the answers