Get premium membership and access questions with answers, video lessons as well as revision papers.
a) Saves time
b) Withdrawing any time
c) Conveniently placed
d) Access to account balances / extra information
e) Can pay utility bills
f) Deposits any time
g) Since ATM cards can be used to buy goods/ services
h) Cheaper to operate
i) Safer to use
j) Highly portable
k) Withdrawals can be done for one else behalf
Githiari answered the question on September 22, 2017 at 21:52
- Highlight four ways in which the running of public corporations may be improved(Solved)
Highlight four ways in which the running of public corporations may be improved
Date posted: September 22, 2017. Answers (1)
- State four advantages of an open office layout to an organization(Solved)
State four advantages of an open office layout to an organization
Date posted: September 22, 2017. Answers (1)
- Highlight four factors that could influence mobility of capital as a factor of production(Solved)
Highlight four factors that could influence mobility of capital as a factor of production
Date posted: September 22, 2017. Answers (1)
- Outline four differences between a good and a service.(Solved)
Outline four differences between a good and a service.
Date posted: September 22, 2017. Answers (1)
- State four ways that may be used to control the amount of money in circulation by the central Bank
of Kenya(Solved)
State four ways that may be used to control the amount of money in circulation by the central Bank
of Kenya
Date posted: September 22, 2017. Answers (1)
- Highlight five ways in which an Entrepreneurs contributes to the production of goods.(Solved)
Highlight five ways in which an Entrepreneurs contributes to the production of goods.
Date posted: September 22, 2017. Answers (1)
- The following are some of the accounts available to customers in the Kenyan banking industry:
Current account, savings account and Fixed deposit account. Give the account...(Solved)
The following are some of the accounts available to customers in the Kenyan banking industry:
Current account, savings account and Fixed deposit account. Give the account that corresponds to
each of the descriptions given below
(a) Account holders require to deposit a specific initial
amount as well as maintain a minimum balance
(b) Account holder may deposit and withdraw money
whenever they want without maintaining a minimum
balance
(c) Banks pay interest on the deposit at comparatively higher
rates.
(d) Money may be deposited at any time and interest is
earned if a specified balance is maintained
Date posted: September 22, 2017. Answers (1)
- Outline four negative effects of an ageing population to an economy(Solved)
Outline four negative effects of an ageing population to an economy
Date posted: September 22, 2017. Answers (1)
- State four ways in which production activities may negatively impact on community health(Solved)
State four ways in which production activities may negatively impact on community health
Date posted: September 22, 2017. Answers (1)
- A firm wishes to introduce a new product into the market. Outline four factors that should be
considered in choosing an appropriate medium for promotion(Solved)
A firm wishes to introduce a new product into the market. Outline four factors that should be
considered in choosing an appropriate medium for promotion
Date posted: September 22, 2017. Answers (1)
- Outline three features of a Reinsurance company(Solved)
Outline three features of a Reinsurance company
Date posted: September 22, 2017. Answers (1)
- State four types of complaints that a consumer organization may receive from consumers(Solved)
State four types of complaints that a consumer organization may receive from consumers
Date posted: September 22, 2017. Answers (1)
- State three basic wants that individuals in a society have (Solved)
State three basic wants that individuals in a society have
Date posted: September 22, 2017. Answers (1)
- Outline five benefits that a Savings and Credit Co-operative society (SACCO) provides to
its members.(Solved)
Outline five benefits that a Savings and Credit Co-operative society (SACCO) provides to
its members.
Date posted: September 22, 2017. Answers (1)
- Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy.(Solved)
Kenya relies heavily on oil as a source of energy. State four reasons why the country should develop alternative sources of energy.
Date posted: September 22, 2017. Answers (1)
- Explain five benefits that may accrue to a community that is involved in trading activities(Solved)
Explain five benefits that may accrue to a community that is involved in trading activities
Date posted: September 22, 2017. Answers (1)
- Give four reasons why a consumer should satisfy basic wants before secondary wants(Solved)
Give four reasons why a consumer should satisfy basic wants before secondary wants
Date posted: September 22, 2017. Answers (1)
- State four ways in which natural resources may be of benefit to a country.(Solved)
State four ways in which natural resources may be of benefit to a country.
Date posted: September 22, 2017. Answers (1)
- Explain four ways that a government can use to finance a budget deficit(Solved)
Explain four ways that a government can use to finance a budget deficit
Date posted: September 22, 2017. Answers (1)
- Outline four measures that may be taken to conserve forests in Kenya(Solved)
Outline four measures that may be taken to conserve forests in Kenya
Date posted: September 22, 2017. Answers (1)