International Banking System Quiz

How many different banks are there worldwide?

• More than 30,000

• More than 50,000

• More than 20,000

• More than 10,000

What is the total amount of assets held by the top 10 banks?

• 25 trillion US-Dollars

• 10 trillion US-Dollars

• 50 trillion US-Dollars

• 15 trillion US-Dollars

Where did the word 'bank' originate from?

• From the Italian word 'banco'

• From the French word 'banque'

• From the Spanish word 'banco'

• From the German word 'bank'

What was the main problem merchants faced in 11th century Italy?

• Language barriers

• High taxes

• Lack of goods to trade

• Too many currencies in circulation

What is the primary business of banks today?

• Insurance

• Real estate

• Currency exchange

• Risk management

What caused the global banking crisis in 2008?

• Collapse of the housing market

• High interest rates

• Low savings rates

• Increase in counterfeit money

What is one of the main problems with banks nowadays?

• Too many employees

• Lack of branches

• Focus on short-term gains

• High interest rates on savings

What are credit unions primarily focused on?

• Currency trading

• Profit maximization

• Real estate

• Shared value

What is crowdfunding?

• Trading currencies

• Investing in real estate

• Borrowing money from banks

• Getting loans from large groups of small investors

What is the purpose of micro-credits?

• Helping people escape poverty

• Trading in stock markets

• Buying luxury goods

• Investing in large corporations