Financial Institutions Quiz
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Questions and Answers

Which type of financial institution accepts and manages deposits and makes loans?

  • Insurance companies
  • Investment banks
  • Credit unions (correct)
  • Building societies
  • What are the two broad categories of financial institutions based on ownership structure?

  • Commercial banks and insurance companies
  • Depository banks and investment banks
  • Contractual banks and cooperative banks
  • Cooperative banks and commercial banks (correct)
  • Which type of financial institution manages investments?

  • Insurance companies
  • Investment banks (correct)
  • Building societies
  • Credit unions
  • What is the trend that some experts see in financial institutions?

    <p>Homogenisation of financial institutions</p> Signup and view all the answers

    Which type of financial institution provides insurance services?

    <p>Insurance companies</p> Signup and view all the answers

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