Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which type of financial institution accepts and manages deposits and makes loans?
Which type of financial institution accepts and manages deposits and makes loans?
- Investment institution
- Contractual institution
- Cooperative bank
- Depository institution (correct)
Which type of financial institution is involved in managing investments?
Which type of financial institution is involved in managing investments?
- Investment institution (correct)
- Depository institution
- Contractual institution
- Cooperative bank
According to ownership structure, financial institutions can be broadly categorized into which two types?
According to ownership structure, financial institutions can be broadly categorized into which two types?
- Cooperative bank and credit union
- Depository institution and contractual institution (correct)
- Commercial bank and investment bank
- Bank and insurance company
What is the consequence of the trend toward homogenisation of financial institutions?
What is the consequence of the trend toward homogenisation of financial institutions?
Signup and view all the answers
Which of the following is not a type of depository institution?
Which of the following is not a type of depository institution?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
Financial Institutions
- Commercial banks accept and manage deposits and make loans.
Types of Financial Institutions
- Investment banks and securities firms are involved in managing investments.
Ownership Structure of Financial Institutions
- Financial institutions can be broadly categorized into two types based on ownership structure: privately owned and publicly owned.
Consequence of Homogenisation
- The trend toward homogenisation of financial institutions leads to a loss of diversity in the financial services industry.
Types of Depository Institutions
- Credit unions are a type of depository institution.
- Mutual savings banks are a type of depository institution.
- The following is not a type of depository institution: insurance companies.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
