Banking Functions and Roles Quiz
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Questions and Answers

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?

  • 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?

  • Forex trading
  • Real estate development (correct)
  • Currency exchange
  • Wealth management

    • Which of the following is NOT a service provided by financial institutions under banking?

    <p>Investing money</p> Signup and view all the answers

    What is the purpose of banking services?

    <p>To facilitate money transactions</p> Signup and view all the answers

    What does the term 'banking' encompass?

    <p>Depositing, borrowing, and transferring money</p> Signup and view all the answers

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