BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Financial services and products generally offered by banks and credit unions include:
A
Real estate listings
B
Savings and loans
C
Legal services
D
Business plans
Explanation: 

Detailed explanation-1: -Banks and similar business entities, such as thrifts or credit unions, offer the most commonly recognized and frequently used financial services: checking and savings accounts, home mortgages, and other types of loans for retail and commercial customers.

Detailed explanation-2: -The 4 most common types of financial institutions are commercial banks, brokerage firms, insurance companies, investment banks.

Detailed explanation-3: -The financial services sector is comprised of banking, mortgages, credit cards, payment services, tax preparation and planning, accounting, and investing.

There is 1 question to complete.