Banking and Financial Institutions Quiz
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Questions and Answers

Which banking dynasty played a central role over many centuries?

  • The Medicis (correct)
  • The Morgans
  • The Rockefellers
  • The Vanderbilts
  • When did banking in its modern sense evolve?

  • Fourteenth century (correct)
  • Seventeenth century
  • Twentieth century
  • Nineteenth century
  • Which is the oldest existing retail bank?

  • Barclays Bank
  • Banca Monte dei Paschi di Siena (correct)
  • JP Morgan Chase
  • HSBC
  • What system do most countries institutionalize in banking?

    <p>Fractional-reserve banking</p> Signup and view all the answers

    What international set of capital standards are banks generally subject to?

    <p>Basel Accords</p> Signup and view all the answers

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