The main function of banks is
Quiz 1 for Seminar

Quiz
•
Business
•
1st - 3rd Grade
•
Medium
Israfil Isgandarov
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To collect funds (deposits) from surplus untis and lend funds (loans) to deficit units
buy primary securities and sell secondary securities
buy from brokers and dealers and sell to the public
none of the above
borrow in small denominations and lend in large
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which mechanism has developed demand deposits to control banks' risk aversion because changes in demand and demand for these instruments will be reflected in financing costs and these disciplines, or have forced banks to exercise caution?
consumption smoothing
A commitment mechanism
information production
Liquidity mechanism
Risk transformation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transaction costs associated with the lending process are likely to be reduced significantly, especially where straightforward deposit facilities are utilized. This idea can be attributed to:
The benefits of ultimate lenders
The benefits of society as a whole
The benefits for investors
The benefits of ultimate borrowers
All of above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the bank types' main aim is to help government raise funds in the financial market?
E-commerce
Private banking
Commercial bank
Investment banking
Internet banking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________are instructions from the customer (account holder) to the bank to pay a fixed amount at regular intervals into the account of another individual or company.
Standing orders
Credit cards
Credit transfers
Plastic cards
Direct debits
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Central banks can serve as a lender of last resort because:
banks are more likely to borrow money from their depositors during a financial panic
they are the only financial institution that is legally allowed to make loans during a financial panic
they have the ability to create money to stimulate banks
because only the central bank has the opportunity to lend at lower interest rates and in larger amounts
the interest rates they charge are so high that banks are virtually never willing to borrow from the central bank
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The majority of __________ revenue came from lending activities, which included accepting deposits and issuing loans.
Traditional banking
Modern banking
Classic banking
International banking
Universial banking
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