Banking System Overview
10 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What system do most countries institutionalize in banking?

  • Investment banking
  • Centralized banking
  • Full-reserve banking
  • Fractional-reserve banking (correct)
  • In which century did banking in its modern sense evolve?

  • Fourteenth century (correct)
  • Eighteenth century
  • Sixteenth century
  • Twelfth century
  • Which international set of capital standards are banks generally subject to?

  • The Basel Accords (correct)
  • The Sarbanes-Oxley Act
  • The Dodd-Frank Act
  • The Glass-Steagall Act
  • Which is the oldest existing retail bank?

    <p>Banca Monte dei Paschi di Siena (founded in 1472)</p> Signup and view all the answers

    Which banking dynasty played a central role over many centuries?

    <p>Rothschilds</p> Signup and view all the answers

    What is the system known as under which banks hold liquid assets equal to only a portion of their current liabilities?

    <p>Fractional-reserve banking</p> Signup and view all the answers

    Which is the oldest existing merchant bank?

    <p>Berenberg Bank</p> Signup and view all the answers

    In which century did banking in its modern sense evolve?

    <p>14th century</p> Signup and view all the answers

    What is the primary function of a bank?

    <p>Accept deposits and make loans</p> Signup and view all the answers

    Which international set of capital standards are banks generally subject to?

    <p>The Basel Accords</p> Signup and view all the answers

    More Like This

    Global Finance and Electronic Banking Quiz
    5 questions
    Banking and Finance Quiz
    5 questions
    Economy and Finance Updates
    24 questions

    Economy and Finance Updates

    HardyNovaculite7001 avatar
    HardyNovaculite7001
    Use Quizgecko on...
    Browser
    Browser