5 Questions
What is the system known as under which banks hold liquid assets equal to only a portion of their current liabilities?
Fractional-reserve banking
In addition to other regulations, what are banks generally subject to based on an international set of capital standards?
Minimum capital requirements
Which bank is the oldest existing retail bank?
Banca Monte dei Paschi di Siena (founded in 1472)
Where did banking in its modern sense evolve in the fourteenth century?
Renaissance Italy
What role have a number of banking dynasties played over many centuries in the history of banking?
Central role
Test your knowledge about the role and regulations of banks in the financial system. Explore the concepts of fractional-reserve banking, lending activities, and financial stability.
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