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History of Private Banks in England Quiz

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Questions and Answers

Which bank split into Ghana Commercial Bank and Bank of Ghana in 1953?

Bank of Gold Coast (correct)
British Bank of West Africa
Barclays Bank DCO
Colonial Bank

Which bank was founded in 1694 as the only joint-stock bank?

Lloyds
National Westminster
Midland (correct)
Barclays

Which bank opened in Accra in 1896?

British Bank of West Africa (correct)
Bank of Gold Coast
Barclays Bank DCO
Colonial Bank

Which bank was part of the 'BIG FOUR' in 1933?

National Westminster (A) Signup and view all the answers

Which bank was changed to Barclays Bank DCO in 1917?

Colonial Bank (B) Signup and view all the answers

What is the main objective of FINC 405: Banking Operations course?

To equip students with basic knowledge in banking operations (B) Signup and view all the answers

What is the primary focus of the course description for FINC 405: Banking Operations?

To develop students with practical understanding of basic banking operations (D) Signup and view all the answers

What is the role of the course in relation to the banking industry?

Provide students with the right analytical mindset on operational processes and process reviews (D) Signup and view all the answers

What is the primary focus of the session objectives for FINC 405: Banking Operations?

Overview of the course and brief outline of the history of banking (A) Signup and view all the answers

What is the main purpose of the course according to the instructor?

To equip students with the practical understanding of basic banking operations in the current banking environment (A) Signup and view all the answers

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