#1
Which of the following is a primary function of commercial banks?
Issuing government bonds
Providing insurance services
Accepting deposits and granting loans
Managing mutual funds
#2
What does the term 'IPO' stand for in finance?
Initial Public Offering
Internal Profit Organization
International Portfolio Optimization
Investment Performance Oversight
#3
What is the function of a central bank in a country's economy?
To issue currency and regulate money supply
To provide loans to commercial banks
To manage government budget
To oversee international trade agreements
#4
Which of the following is NOT considered a type of financial institution?
Hedge fund
Stock exchange
Credit union
Investment bank
#5
What is the main function of an investment bank?
Providing loans to individual customers
Facilitating mergers and acquisitions
Accepting deposits from the public
Providing insurance services
#6
Which financial institution typically offers the highest interest rates on savings accounts?
Commercial bank
Credit union
Investment bank
Brokerage firm
#7
Which financial institution acts as a middleman between savers and borrowers by accepting deposits and making loans?
Hedge fund
Investment bank
Credit union
Commercial bank
#8
What is the primary role of the Federal Reserve System (the Fed) in the United States?
To regulate international trade
To oversee the stock market
To control inflation and manage monetary policy
To manage public healthcare
#9
What is the main function of an insurance company in the financial market?
Issuing loans to businesses
Providing investment advice
Pooling risk and providing financial protection
Regulating interest rates
#10
What term describes a financial institution that offers a wide range of banking services to individuals and businesses?
Investment bank
Retail bank
Merchant bank
Central bank
#11
What does the term 'SEC' stand for in finance?
Securities and Exchange Commission
State Economic Committee
Stock Exchange Corporation
Securities Enforcement Committee
#12
Which of the following financial institutions is owned by its members and operates for their mutual benefit?
Commercial bank
Investment bank
Credit union
Insurance company
#13
Which of the following financial institutions specializes in facilitating the buying and selling of securities for both individual and institutional clients?
Venture capital firm
Credit union
Brokerage firm
Insurance company
#14
What is the primary objective of a venture capital firm?
Providing insurance services
Maximizing shareholder value
Providing financing to start-up companies
Offering mortgage loans
#15
What is the primary function of a pension fund?
Providing insurance services
Offering mortgage loans
Managing retirement savings
Facilitating international trade
#16
What does the term 'FDIC' stand for in banking?
Financial Deposit Insurance Corporation
Federal Deposit Investment Corporation
Federal Debt Insurance Corporation
Financial Debt Investment Corporation
#17
What is the primary function of a development bank?
Facilitating mergers and acquisitions
Providing loans to support economic development projects
Offering mortgage loans to individuals
Managing retirement savings