5 Questions
Banks accept deposits from the public and make loans.
True
Lending activities can only be performed directly by banks.
False
Most countries regulate banks to ensure financial stability.
True
Fractional-reserve banking requires banks to hold liquid assets equal to all of their current liabilities.
False
Banking in its modern sense originated in Renaissance Italy.
True
Test your knowledge about banks and their role in the economy with this informative quiz. Explore topics like lending activities, financial stability, regulation, and more. Challenge yourself and see how well you understand the functioning of banks in today's financial systems.
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