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Questions and Answers
What system do most countries institutionalize in banking?
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?
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?
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?
Which is the oldest existing retail bank?
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Which banking dynasty played a central role over many centuries?
Which banking dynasty played a central role over many centuries?
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What is the system known as under which banks hold liquid assets equal to only a portion of their current liabilities?
What is the system known as under which banks hold liquid assets equal to only a portion of their current liabilities?
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Which is the oldest existing merchant bank?
Which is the oldest existing merchant bank?
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In which century did banking in its modern sense evolve?
In which century did banking in its modern sense evolve?
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What is the primary function of a bank?
What is the primary function of a bank?
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Which international set of capital standards are banks generally subject to?
Which international set of capital standards are banks generally subject to?
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