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Questions and Answers
What are banks generally subject to in order to ensure liquidity?
What are banks generally subject to in order to ensure liquidity?
- Interest rate controls
- Maximum loan limits
- Foreign exchange regulations
- Minimum capital requirements (correct)
What is the primary function of a bank?
What is the primary function of a bank?
- Investing in capital markets
- Providing insurance services
- Accepting deposits and making loans (correct)
- Issuing credit cards
Which system do most countries institutionalize for banks?
Which system do most countries institutionalize for banks?
- Asset-based banking
- Credit-based banking
- Full-reserve banking
- Fractional-reserve banking (correct)
In which century did banking in its modern sense evolve?
In which century did banking in its modern sense evolve?
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Which is the oldest existing retail bank according to the text?
Which is the oldest existing retail bank according to the text?
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What system do most countries institutionalize to ensure liquidity for banks?
What system do most countries institutionalize to ensure liquidity for banks?
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In what century did banking in its modern sense evolve?
In what century did banking in its modern sense evolve?
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Which dynasty played a central role in the history of banking over many centuries?
Which dynasty played a central role in the history of banking over many centuries?
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Which international set of capital standards do banks generally comply with?
Which international set of capital standards do banks generally comply with?
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Which is the oldest existing merchant bank according to the text?
Which is the oldest existing merchant bank according to the text?
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