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Questions and Answers
Which of the following functions are performed by banks?
Which of the following functions are performed by banks?
- Providing insurance services
- Issuing credit cards (correct)
- Managing real estate properties
- Facilitating foreign investments
What is the role of banks in the financial system?
What is the role of banks in the financial system?
- To provide loans to borrowers (correct)
- To regulate the stock market
- To facilitate communication between businesses
- To oversee government spending
Which of the following is not a function of banks?
Which of the following is not a function of banks?
- Forex trading
- Real estate development (correct)
- Currency exchange
- Wealth management
Which of the following is NOT a service provided by financial institutions under banking?
Which of the following is NOT a service provided by financial institutions under banking?
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What is the purpose of banking services?
What is the purpose of banking services?
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What does the term 'banking' encompass?
What does the term 'banking' encompass?
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