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ZIMSEC O-Level Commerce

6.6.5The banking system and commercial banks

The banking system and commercial banks in ZIMSEC O-Level Commerce: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic21 practice questions1 lesson
Practise this topicAll Commerce topics

Overview

Form 2: classification of banks and commercial banking services.

Learning objectives

What the syllabus expects you to be able to do.

  1. 6.6.5.1Identify different types of banks.
  2. 6.6.5.2Describe the services offered by commercial banks.
  3. 6.6.5.3Complete banking documents such as cheques, deposit slips and withdrawal slips.

Lessons

  • The banking system and commercial banks

    35 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

The banking system and commercial banks: sample question

1 mark

A landlord is paid the same rent on the first day of every month from a tenant's account, on the tenant's instruction. Which service is used?

Choose one answer

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