Banking and Finance Quiz

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5 Questions

What is the system known as under which banks hold liquid assets equal to only a portion of their current liabilities?

Fractional-reserve banking

In what century did banking in its modern sense evolve?

Fourteenth century

What is the international set of capital standards that banks are subject to minimum capital requirements based on?

The Basel Accords

What role do banks play in the economy of a country?

Important role in financial stability and the economy

Where did the ideas and concepts of credit and lending that influenced modern banking have their roots?

Ancient world

Test your knowledge of banking and finance with this quiz! Explore topics such as deposit-taking, lending activities, financial stability, and banking regulations. See how much you know about the role of banks in the economy and the impact of regulations on their operations.

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