#1
Which of the following is not a type of financial institution?
Commercial bank
Investment bank
Pharmaceutical company
Credit union
#2
What is the function of a commercial bank?
Regulating monetary policy
Providing loans to businesses and individuals
Issuing currency
Enforcing tax laws
#3
What is the primary function of an investment bank?
Accepting deposits from the public
Providing loans to businesses
Facilitating the issuance of securities and advising on mergers and acquisitions
Regulating monetary policy
#4
What is the purpose of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
Facilitating mergers and acquisitions
Regulating monetary policy
Strengthening financial regulation and protecting consumers
Issuing global currency
#5
What is the primary purpose of the Consumer Financial Protection Bureau (CFPB) in the United States?
Regulating international trade
Protecting consumers in the financial marketplace
Managing fiscal policy
Facilitating mergers and acquisitions
#6
What is the primary function of a central bank?
Issuing currency
Providing loans to individuals
Selling goods and services
Regulating stock markets
#7
What is the role of the Federal Reserve in the United States?
Managing fiscal policy
Regulating monetary policy
Enforcing tax laws
Providing social services
#8
Which financial institution typically focuses on facilitating international trade by providing various financial services?
Credit union
Investment bank
Central bank
Export-Import Bank
#9
What is the purpose of the Securities and Exchange Commission (SEC) in the United States?
Regulating commodity markets
Enforcing immigration laws
Regulating securities markets and protecting investors
Managing fiscal policy
#10
Which of the following is a characteristic of a credit union?
Owned by its shareholders
Privately owned by investors
Traded on the stock exchange
Government-owned
#11
What does FDIC stand for in the context of banking?
Federal Department of Investment and Credit
Financial Depository for International Corporations
Federal Deposit Insurance Corporation
Foreign Development in Investment and Commerce
#12
What is the purpose of a SWIFT code in international banking?
Identifying financial institutions globally
Measuring inflation rates
Calculating exchange rates
Issuing credit cards
#13
Which financial institution acts as a middleman between buyers and sellers of financial securities in the stock market?
Hedge fund
Commercial bank
Stock exchange
Pension fund
#14
What is the primary purpose of the Basel Committee on Banking Supervision?
Regulating international trade
Setting standards for banking supervision and regulation
Issuing global currency
Providing microfinance services
#15
In banking, what does the term 'LTV' stand for?
Loan to Value
Liquidity Test Value
Legal Tender Verification
Leverage and Treasury Valuation