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Questions and Answers
The term 'merchant bank' is used in
The term 'merchant bank' is used in
- Central banking and monetary policy
- Microfinance and community banking
- Retail banking and consumer finance
- International finance and investment banking (correct)
Merchant banks are primarily involved in
Merchant banks are primarily involved in
- Managing savings and checking accounts
- Providing advisory services for mergers and acquisitions (correct)
- Offering personal loans and mortgages
- Regulating the country's monetary supply
Merchant banks differ from commercial banks in that they
Merchant banks differ from commercial banks in that they
- Have a primary role in regulating the country's monetary policy
- Focus on providing long-term capital and advisory services to businesses (correct)
- Primarily serve individual customers and small businesses
- Are heavily involved in retail banking and consumer lending
