Banking Basics Quiz

A term used in computer science for data storage

A financial institution that provides various financial services (correct)

A type of furniture used for sitting and relaxing

A piece of land by a river or lake, used for storing water

To describe a computer memory unit

To deposit and withdraw money, and obtain loans and mortgages (correct)

To refer to a seating arrangement

To store agricultural produce

It is involved in computer programming and data storage

It is solely focused on providing furniture

It primarily deals with agricultural activities

It is authorized to accept deposits and make loans (correct)

<p>Providing financial services such as accepting deposits and lending money</p> Signup and view all the answers

<p>Ability to accept deposits and provide loans</p> Signup and view all the answers

<p>The ability to convert assets into cash quickly</p> Signup and view all the answers