Which type of bank primarily deals with individual customers and small businesses?

Banking & Insurance Quiz

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Other
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University
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Medium
Komal Komal
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A) Central Bank
B) Commercial Bank
C) Investment Bank
D) Cooperative Bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a Central Bank?
A) To provide loans to individuals
B) To regulate the country's monetary policy
C) To offer checking accounts
D) To insure deposits
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of account typically earns interest and allows limited withdrawals?
A) Checking Account
B) Savings Account
C) Fixed Deposit Account
D) Current Account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for money that a bank must keep on hand and not lend out?
A) Reserve Requirement
B) Capital Ratio
C) Liquidity Ratio
D) Asset Ratio
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of bank?
A) Commercial Bank
B) Investment Bank
C) Insurance Bank
D) Cooperative Bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a current account primarily used for?
A) Saving money for future use
B) Daily transactions and business activities
C) Long-term investment
D) High-interest savings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an important role of banks in the economy?
A) To create money
B) To print currency
C) To regulate stock markets
D) To collect taxes
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