Financial Institutions and Insurance Quiz

What services do financial institutions provide?

• Banking, Investing, Lending, Marketing

• Cooking, Cleaning, Gardening, Teaching

• Singing, Dancing, Painting, Acting

• Programming, Designing, Writing, Analyzing

How do banks make money?

• By programming software, By designing websites, By writing books, By analyzing data

• By singing songs, By dancing, By painting, By acting in movies

• By cooking food, By cleaning houses, By gardening, By teaching classes

• By selling products, By providing services, By charging interest and fees, By giving away money for free

What is the principle on which insurance works?

• Cooking delicious food, Cleaning dirty dishes, Gardening in the backyard, Teaching math

• Risk avoidance, Risk acceptance, Risk transfer, Risk denial

• Programming computers, Designing buildings, Writing novels, Analyzing data

• Singing in the shower, Dancing in the rain, Painting on canvas, Acting on stage

What do insurance policies cover?

• Health, Property, Life, Vehicles, Cooking, Cleaning, Gardening, Teaching

• Singing, Dancing, Painting, Acting, Programming, Designing, Writing, Analyzing

• Programming computers, Designing buildings, Writing novels, Analyzing data, Cooking delicious food, Cleaning dirty dishes, Gardening in the backyard, Teaching math

• Risk avoidance, Risk acceptance, Risk transfer, Risk denial, Singing in the shower, Dancing in the rain, Painting on canvas, Acting on stage

What is the role of insurance in providing financial stability?

• By singing in the shower, By dancing in the rain, By painting on canvas, By acting on stage

• By cooking delicious food, By cleaning dirty dishes, By gardening in the backyard, By teaching math

• By programming computers, By designing buildings, By writing novels, By analyzing data

• By creating chaos, By increasing risk, By causing losses, By promoting savings and investments