CIBNBanking Principles

CASA in retail banking means:

ACurrent And Savings AccountCORRECT
BCredit Allocation Settlement Agreement
CCash And Securities Audit
DCustomer Authenticated Service Access
AI
Toaster Teacher
Why the answer is A, and why the others tempt you.
CASA = Current Account & Savings Account — low-cost deposits used to fund lending. High CASA ratio is favourable.
Want this in Pidgin, Yoruba, Igbo or Hausa? Sign up free →

Practice more Banking Principles questions

CIBN Banking Principles has thousands more questions like this — with Worked answers on every one.