ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are banking services
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Issuing credit cards
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Issuing loans
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storing money
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all of the above
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Explanation:
Detailed explanation-1: -The 5 most important banking services are checking and savings accounts, loan and mortgage services, wealth management, providing Credit and Debit Cards, Overdraft services.
Detailed explanation-2: -The 4 different types of banks are Central Bank, Commercial Bank, Cooperative Banks, Regional Rural Banks.
Detailed explanation-3: -The 4 most common types of financial institutions are commercial banks, brokerage firms, insurance companies, investment banks.
Detailed explanation-4: -Advancements of loans. Cheque payments. Discounting on bills of exchange. Collecting and paying the credit instruments. Guarantee by banks. Consultancy. Credit cards. Funds remittance. More items
There is 1 question to complete.