Kiến thức về Tài chính và Ngân hàng

1.  What does NBFI stand for?

• National Banking Finance Institution

• Non-Banking Financial Institution

• Non-Banking Financial Investment

• Non-Banking Fiscal Institution

2. Which type of bank mainly focuses on everyday banking services?

• Investment Bank

• Private Bank

• Non-bank Financial Intermediary

• Commercial Bank

3. What is the main cause of the subprime mortgage crisis mentioned in the passage?

• High interest rates on mortgages

• Subprime borrowers defaulting on their mortgage payments

• Lack of demand for new homes

• Government regulations on loans

4. Why did investors initially believe mortgage-backed securities (MBS) were safe investments?

• They were backed by the government

• The housing market was booming, so houses could still be sold for profit even if borrowers defaulted.

• The MBS had a low interest rate compared to other investments

• There were fewer people defaulting on their mortgages at the time

5.What is the main difference between debit card and credit card?

• Debit cards require a credit check; credit cards do not.

• Debit cards charge interest on purchases; credit cards do not.

• Debit card uses your own money; credit card uses borrowed money.

• Debit cards are only for online purchases; credit cards are for in-store purchases.

6. The target of microfinance are:

• Individuals and small entrepreneurs who lack access to traditional banking services.

• Individuals looking for significant capital investments.

• Individuals with high credit risk.

• Established businesses or corporations.

The difference between banking products and banking services is that while banking products are (1) _______ financial tools that customers can purchase or use to manage their finances, banking services are (2) _______offerings provided by banks to help customers manage their finances.

(a)  

8. Rachel, a freelancer with irregular income, wants to manage cash flow and avoid high-interest loans. Which bank products should Rachel use?

• Personal loan

• Credit card

• Overdraft

• Debit card

9. Which service typically involves a bank assessing an individual’s creditworthiness before approval?

• Checking account

• Credit card application

• Savings account

• Certificate of Deposit (CD)

10. Sarah runs a small online business and needs a way to accept payments from her customers seamlessly. After researching her options, she considers various services offered by her bank. What is the primary function of the bank’s merchant services that could help Sarah?

• To offer personal loans to customers

• To facilitate payment processing for businesses

• To manage investment portfolios

• To provide real estate financing