6 Questions
Which of the following functions are performed by banks?
Issuing credit cards
What is the role of banks in the financial system?
To provide loans to borrowers
Which of the following is not a function of banks?
Real estate development
Which of the following is NOT a service provided by financial institutions under banking?
Investing money
What is the purpose of banking services?
To facilitate money transactions
What does the term 'banking' encompass?
Depositing, borrowing, and transferring money
Test your knowledge about the functions and roles of banks, including deposits, withdrawals, currency exchange, forex trading, and wealth management. Explore how banks serve as a crucial link between depositors and borrowers.
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