Hurricane crashes ashore, raising fears of flooding

What is the primary role of a bank?

• To manufacture goods

• To provide financial services

• To sell groceries

• To offer travel packages

Which of the following is a service provided by banks?

• Issuing loans

• Manufacturing electronics

• Selling cars

• Providing medical services

Which service is NOT typically offered by banks?

• Savings accounts

• Investment advice

• Real estate development

• Credit cards

How do banks contribute to the economy?

• By facilitating financial transactions

• By hoarding money

• By reducing employment

• By increasing taxes

Why are banks considered important for economic stability?

• They control the internet

• They create money from nothing

• They regulate the weather

• They ensure efficient allocation of resources