Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

12 Questions

2 Views

Types of Financial Institutions Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main way banks earn profit?

By charging more interest on loans and debt than what they pay to savers.

Which bank is now known as the Bank of the Philippine Islands?

Banco Espanol-Filipino de Isabel II

Which bank issued the Philippines' first paper currency called 'Pesos Fuertes'?

Banco Espanol-Filipino

What was the name of the first savings bank established in the Philippines in 1882?

Monte de Piedad y Casa de Ahorros Signup and view all the answers

Which government entity was tasked with supervising and monitoring banks under American rule?

Bureau of Treasury Signup and view all the answers

What bank, created in 1916, had a start-up capitalization of P20 million?

Philippine National Bank Signup and view all the answers

What are the two main types of financial institutions?

Depository Financial Institutions and Non-Depository Financial Institutions Signup and view all the answers

How do depository financial institutions fund their investment activities?

Depository financial institutions fund their investment activities by accepting public deposits. Signup and view all the answers

What type of institutions fund their investment activities directly from the financial markets?

Non-Depository Financial Institutions fund their investment activities directly from the financial markets. Signup and view all the answers

What are some examples of depository financial institutions?

Examples of depository financial institutions include Credit Unions, Stock Brokerage Firms, and Asset Management Firms. Signup and view all the answers

What services do banks provide besides receiving deposits and making loans?

Banks also provide financial services such as wealth management, currency exchange, and safe deposit boxes. Signup and view all the answers

How do banks use the money deposited by customers?

Banks use the money deposited by customers to lend to others for long-term debt. Signup and view all the answers