9 Questions
What is the main activity of retail or commercial banking?
Making loans and taking deposits
Which type of banking primarily involves raising capital, mergers and acquisitions, and accessing capital markets?
Investment banking
What is the main responsibility of asset management in the banking sector?
Administering pension and mutual funds
Which type of bank performs activities related to loans, deposits, and consultancy for large firms and businesses?
Corporate banking
What does a bank's balance sheet primarily include as assets?
Cash, reserves, loans, and other financial assets
What term refers to the degree to which an asset can be converted into money at short notice without loss?
Liquidity
According to the Fed, what does the term 'money supply' encompass?
Cash and coins in circulation
What activity do banks engage in when they give out a loan of $10,000 to someone?
Creating an asset on their balance sheet
Who typically manages and oversees portfolios in the banking sector?
High-net individuals and funds
Test your knowledge about the main activities of banks, including retail or commercial banking, corporate banking, investment or wholesale banking, and asset management.
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