Business Studies Quiz

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Questions and Answers

Which of the following is NOT a component of business studies?

  • Human resource management
  • Agricultural studies (correct)
  • Accountancy
  • Organizational studies

What is the main focus of business studies?

  • History of business organizations
  • Principles of business, management, and economics (correct)
  • Political aspects of business
  • Social media marketing techniques

In which country is business studies known as business education?

  • Ireland (correct)
  • South Korea
  • Brazil
  • Mexico

At what level can business studies be taken in England?

<p>Year 9, Year 10, and Year 11 at secondary school (B)</p> Signup and view all the answers

Which of the following is covered in the subjects of business studies?

<p>Marketing (C)</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 (A)</p> Signup and view all the answers

Where did banking in its modern sense evolve in the fourteenth century?

<p>Renaissance Italy (C)</p> Signup and view all the answers

Which is the oldest existing retail bank?

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

What are banks generally subject to in order to ensure liquidity?

<p>Minimum capital requirements (D)</p> Signup and view all the answers

Which set of capital standards are the minimum capital requirements based on?

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

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