Banking and Insurance Basics Quiz

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RobustFractal
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3 Questions

Which of the following is a typical service offered by banks?

Currency exchange

What is the primary purpose of banking and insurance?

To provide financial services and risk management

What is the main function of insurance?

To transfer risk from individuals to an insurance company

Test your knowledge of the primary purpose of banking and insurance, as well as typical services offered by banks and the main function of insurance.

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