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Questions and Answers
What type of bank combines all services of all banks?
What type of bank combines all services of all banks?
- Thrift Bank
- Islamic Bank
- Cooperative Bank
- Universal Bank (correct)
Which type of bank primarily focuses on traditional banking activities?
Which type of bank primarily focuses on traditional banking activities?
- Islamic Bank
- Cooperative Bank
- Commercial Bank (correct)
- Thrift Bank
What type of institution specializes in buying and selling of securities?
What type of institution specializes in buying and selling of securities?
- Pawnshop
- Investment Bank (correct)
- Credit Union
- Cooperative Bank
Which institution provides insurance in case of loss to insured individuals and firms?
Which institution provides insurance in case of loss to insured individuals and firms?
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Which bank forbids lending money or charging interest?
Which bank forbids lending money or charging interest?
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Which government bank is primarily focused on development initiatives?
Which government bank is primarily focused on development initiatives?
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Which type of institution is controlled by the government and focuses on fund management and equity financing?
Which type of institution is controlled by the government and focuses on fund management and equity financing?
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