Question

The safest place for keeping money is ............... .

• A. A pit dug in the ground
• B. An iron box
• C. Bank
• D. Moneylender

Hint:

Remember: Banks = Safety + Interest + Access.

Answer 1

The Correct Option is C

Banks are organized and regulated financial institutions designed to keep people’s money safe and secure.
They provide facilities such as lockers, savings accounts, and fixed deposits to store and manage money reliably.
Unlike a pit dug in the ground or an iron box at home, banks use modern security systems, vaults, and insurance coverage to protect deposits from theft or loss.
Keeping money with a moneylender is risky and unregulated, with no formal protection for your funds.
Banks also pay interest on deposits, offer withdrawal facilities, and ensure that customers can access their money anytime.
Therefore, the safest place to keep money is option (C) Bank.