Disintermediation in Banking Services Quiz
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Questions and Answers

Which of the following is an example of disintermediation in banking services?

  • Borrowing money through a virtual bank.
  • Using crowdfunding platforms to raise funds. (correct)
  • Buying insurance through an online banking website.
  • Using credit cards to pay for purchases online.
  • What is an example of disintermediation in banking services?

  • Using peer-to-peer lending platforms to borrow money. (correct)
  • Opening a savings account at a physical bank branch.
  • Investing in mutual funds through a traditional bank.
  • Obtaining a mortgage loan from a credit union.
  • Which option demonstrates disintermediation in banking services?

  • Utilizing mobile payment apps for transactions.
  • Applying for a personal loan at a traditional bank.
  • Purchasing stocks through a brokerage firm.
  • Using cryptocurrency for international money transfers. (correct)
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