Real Estate Financing Quiz

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Which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

Rural Banks

Thrift Banks

Universal Banks (correct)

Cooperative Banks

Which law governs commercial banking in the Philippines?

RA 7906 - Thrift Banks Act of 1995

PD 129 - The Investment Houses Law

RA 8791 - The General Banking Law of 2000 (correct)

RA 337 - The General Banking Act

Which financial source is not mentioned in the text?

Real Estate Developers (correct)

Other Sources

Primary Source

Financial Middlemen

Which type of bank has the authority to exercise the powers of an investment house?

Universal bank Signup and view all the answers

What is the main difference between a commercial bank and a universal bank?

Universal banks can offer underwriting services Signup and view all the answers

Which bank has the highest total assets as of March 31, 2023?

BDO Unibank Inc Signup and view all the answers

What is the main power of a commercial bank according to RA 8791?

Extending credit Signup and view all the answers

Which type of bank is specifically mentioned in RA 6848 as the charter of the Al-Amanah Islamic Investment Bank of the Philippines?

Islamic Bank Signup and view all the answers

Which law governs the General Banking Law of 2000?

RA 8791 Signup and view all the answers

Which type of bank is not mentioned in the classifications of banks under RA 8791?

Investment Banks Signup and view all the answers

Which type of bank is authorized to function like an investment house?

Universal bank Signup and view all the answers

Which bank is not listed among the top 15 universal banks in the Philippines based on assets as of March 31, 2023?

China Banking Corp Signup and view all the answers

Which power is exclusive to commercial banks according to RA 8791?

Receiving other types of deposits Signup and view all the answers

Which bank has the highest total assets among the top 15 universal banks as of March 31, 2023?

BDO Unibank Inc. Signup and view all the answers

Which type of bank has the authority to exercise the powers of an investment house?

Universal bank Signup and view all the answers

Which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

Commercial bank Signup and view all the answers

What is the main difference between a commercial bank and a universal bank?

Services offered Signup and view all the answers

Which type of bank is authorized to function like an investment house?

Universal bank Signup and view all the answers

Which law governs commercial banking in the Philippines?

RA 337 Signup and view all the answers

Which law governs the General Banking Law of 2000?

RA 8791 Signup and view all the answers

Which bank is not listed among the top 15 universal banks in the Philippines based on assets as of March 31, 2023?

HONGKONG & SHANGHAI BANKING CORP Signup and view all the answers

Which financial source is not mentioned in the text?

Donations Signup and view all the answers

Which power is exclusive to commercial banks according to RA 8791?

Extending credit Signup and view all the answers

Which bank has the highest total assets as of March 31, 2023?

BDO UNIBANK INC Signup and view all the answers

According to RA 8791, which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

Commercial Banks Signup and view all the answers

Which law governs the General Banking Law of 2000?

RA 8791 Signup and view all the answers

Which type of bank is not mentioned in the classifications of banks under RA 8791?

Investment Banks Signup and view all the answers

Which law governs commercial banking in the Philippines?

RA 8791 Signup and view all the answers

According to RA 6848, which type of bank is specifically mentioned as the charter of the Al-Amanah Islamic Investment Bank of the Philippines?

Islamic Banks Signup and view all the answers

Real Estate Financing Quiz

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Questions and Answers

Which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

Which law governs commercial banking in the Philippines?

Which financial source is not mentioned in the text?

Which type of bank has the authority to exercise the powers of an investment house?

What is the main difference between a commercial bank and a universal bank?

Which bank has the highest total assets as of March 31, 2023?

What is the main power of a commercial bank according to RA 8791?

Which type of bank is specifically mentioned in RA 6848 as the charter of the Al-Amanah Islamic Investment Bank of the Philippines?

Which law governs the General Banking Law of 2000?

Which type of bank is not mentioned in the classifications of banks under RA 8791?

Which type of bank is authorized to function like an investment house?

Which bank is not listed among the top 15 universal banks in the Philippines based on assets as of March 31, 2023?

Which power is exclusive to commercial banks according to RA 8791?

Which bank has the highest total assets among the top 15 universal banks as of March 31, 2023?

Which type of bank has the authority to exercise the powers of an investment house?

Which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

What is the main difference between a commercial bank and a universal bank?

Which type of bank is authorized to function like an investment house?

Which law governs commercial banking in the Philippines?

Which law governs the General Banking Law of 2000?

Which bank is not listed among the top 15 universal banks in the Philippines based on assets as of March 31, 2023?

Which financial source is not mentioned in the text?

Which power is exclusive to commercial banks according to RA 8791?

Which bank has the highest total assets as of March 31, 2023?

According to RA 8791, which type of bank serves individuals and organizations, addressing regular financial needs such as deposits, withdrawals, checking and savings accounts, and loan services?

Which law governs the General Banking Law of 2000?

Which type of bank is not mentioned in the classifications of banks under RA 8791?

Which law governs commercial banking in the Philippines?

According to RA 6848, which type of bank is specifically mentioned as the charter of the Al-Amanah Islamic Investment Bank of the Philippines?

Which type of bank has the highest total assets among the top 15 universal banks as of March 31, 2023?

According to RA 8791, which power is exclusive to commercial banks?

Which type of bank is authorized to function like an investment house?

What is the main difference between a commercial bank and a universal bank?

Which financial source is not mentioned?

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