Banking Awareness Quiz – Set 134

Hello Aspirants,
Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

  1. Which of the following refers to financial services conducted among banks and financial services companies?
    A. Merchant banking
    B. Retail banking
    C. Commercial banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    D. Wholesale banking
    Explanation:
    Wholesale banking refers to financial services conducted between financial services companies and institutions such as banks, insurers, fund managers, and stock brokers.

  2. Which of the following is included in Wholesale banking?
    A. Finance wholesaling
    B. Market making
    C. Consultancy
    D. Mergers and acquisitions
    E. All of these
    Answer & Explanation
    E. All of these
    Explanation:
    Wholesale banking includes
    Finance wholesaling
    Market making
    Consultancy
    Mergers and acquisitions
    Fund management

  3. Which of the following is a specific division of banking related to the creation of capital for other companies, governments and other entities?
    A. Merchant banking
    B. Investment banking
    C. Commercial banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    B. Investment banking
    Explanation:
    Investment banking is a specific division of banking related to the creation of capital for other companies, governments and other entities.

  4. Which of the following is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks?
    A. Merchant banking
    B. Retail banking
    C. Commercial banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    B. Retail banking
    Explanation:
    Retail banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks.

  5. Which of the following is known as “Retail banking”?
    A. Merchant banking
    B. Investment banking
    C. Consumer banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    C. Consumer banking
    Explanation:
    Retail Banking is also known as Consumer banking.

  6. Which of the following service is included in Retail Banking?
    A. Savings Account
    B. Debit Card
    C. Credit Card
    D. Personal Loan
    E. All of these
    Answer & Explanation
    E. All of these
    Explanation:
    Retail Banking Services include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

  7. Banks located in jurisdictions with low taxation and regulation is known as _____
    A. Private Banks
    B. Offshore banks
    C. Community Development Bank
    D. All of these
    E. None of these
    Answer & Explanation
    B. Offshore banks
    Explanation:
    Banks located in jurisdictions with low taxation and regulation is known as Offshore banks.

  8. Banks that provide financial services and credit to underserved markets or populations is known as?
    A. Private Banks
    B. Offshore banks
    C. Community Development Bank
    D. All of these
    E. None of these
    Answer & Explanation
    C. Community Development Bank
    Explanation:
    Banks that provide financial services and credit to underserved markets or populations is known as Community Development Bank.

  9. Which of the following is a type of banking that provides services such as accepting deposits, making business loans, and offering basic investment products?
    A. Merchant banking
    B. Investment banking
    C. Commercial banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    C. Commercial banking
    Explanation:
    Commercial banking is a type of banking that provides services such as accepting deposits, making business loans, and offering basic investment products.

  10. Which of the following provides capital to companies in the form of share ownership instead of loans?
    A. Merchant banking
    B. Investment banking
    C. Consumer banking
    D. Wholesale banking
    E. None of these
    Answer & Explanation
    A. Merchant banking
    Explanation:
    Merchant banking provides capital to companies in the form of share ownership instead of loans.





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