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WorksheetsBanking
Total questions: 12
Worksheet time: 7mins
What is the 2nd leading industry in The Bahamas?
Banking and Finance
Tourism
Fishing
Farming
What is the 1st leading industry in The Bahamas?
Banking and Finance
Tourism
Farming
Fishing
What are the different types of banks?
Commonwealth Bank
Scotia Bank
Offshore Bank
Commercial Bank
The function of a bank is to....
collect savings
sell houses
transfer money
lend money
What is the name of the first bank in The Bahamas?
Bank of The Bahamas
Royal Bank
The Government Saving Bank
The Bahamas National Bank
What was the name of the first foreign bank in The Bahamas?
Scotia Bank
The Royal Bank of Canada
First Caribbean
City Bank
Central Bank of The Bahamas is regular bank that lend and collect saving funds.
True
False
Some commercial Banks found in The Bahamas are:
CitBank
FINCO
First Caribbean
Bank of The Bahamas
A Commercial bank engage in business with the public in order to....
sell houses
make a profit
collect funds
to give scholarships
The purpose of The Bahamas Development Bank is to ...
to lend and collect mortgages
provide medium and long term financing
give scholarships
transfer funds to foreign countries
The function of the Central Bank of The Bahamas is to...
advise banks and financial institution of The Bahamas
oversee and regulate banks in the Bahamas
to help save the governments money
to advise and regulate the governments money
What is interest rate?
the price of money borrowed
the price of money saved
the total on ones savings
the total of ones loan
