Recent

  • Show all results for ""

🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Role of Financial Institutions in the Economy
4 Questions
0 Views

Role of Financial Institutions in the Economy

Created by
@UndisputableDeStijl

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is a function of a bank?

  • Serves as link between the source of funds, the depositor, the fund user, and the borrower (correct)
  • Does not provide safe keeping place for money and valuables of individuals
  • Receive savings and deposits of their clients
  • All of the above

    • In what category of banks does a private development bank belong?

  • Commercial banks
  • Rural Banks
  • None of the choices (correct)
  • Thrift banks

    • What refers to a voluntary association of either employees, employers, or independent workers to protect their interest and avoid maltreatment?

  • Trade unions (correct)
  • Cooperative
  • Corporation
  • None of the choices

    • What does it mean when a corporation has unlimited life?

    <p>Not ceasing to exist if a major stockholder dies</p> Signup and view all the answers

    More Quizzes Like This

    Banking and Financial Institutions Quiz
    5 questions

    Banking and Finance Quiz: Test Your Knowledge Today

    MatureSmokyQuartz avatar
    MatureSmokyQuartz
    International Financial Institutions and Global Economy
    10 questions

    International Financial Institutions and Global Economy

    SpiritedParable avatar
    SpiritedParable
    Financial Institutions and Intermediation
    5 questions

    Financial Institutions and Intermediation

    DeliciousKremlin avatar
    DeliciousKremlin
    Financial Market and Institutions Quiz
    8 questions

    Financial Market and Institutions Quiz

    FineConnemara2777 avatar
    FineConnemara2777
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser