Q: What is full form of ERISA? Describe about it.
A: The full form of ERISA is the Employee Retirement Income Security Act which was established in the…
Q: Compare and contrast banking to non-banking institution. How these greatly affect the business…
A: While banks and non-banking financial companies (NBFC) both are key financial intermediaries, that…
Q: Is Islamic banking really different?
A: Banking: These are the services provided by a bank.
Q: Which financial Market do Retail credit products e.g. Mortgage bonds, short term loans, long term…
A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…
Q: Banks may money out of other people's money. True False
A: The banks can generate money from people money and this can be done in many ways, one way is to use…
Q: why do government keep banks small?
A: In economics, we study how scarce resources are used by decision-makers to satisfy the unlimited…
Q: What does the seller’s bank do?
A: A real estate deal in which the seller, rather than a financial institution, manages the mortgage…
Q: What is the definition of commercial bank ?
A: Commercial Bank is that institution of finance which are of three types: Public Banks- like State…
Q: Who approves charters of new nationally chartered banks?
A: A chartered bank refers to a financial institution (FI) that accepts and safeguards monetary…
Q: At which stage money laundering is easy to detect?
A: Money laundering refers to an illegal process of producing a huge amount of money that is generated…
Q: What are some currencies of great value in a workplace that is in high demand? List at least 3 and…
A: Commonly, the value of different currencies around the global financial market keeps on changing…
Q: How do you think the banking sector has evolved overtime?
A: Banking, health, and education are the major sectors that can describe the situation of a nation.…
Q: why banking one of the most heavily regulated industries in the U.S and world economies?
A: Regulated industry; A firm that is governed by government regulations: Workers in regulated areas,…
Q: What is the role of commercial banks in the economy? Why are they important?
A: There are some business cycles which have to be known by the business management and also the…
Q: The central bank (CB) decided to increase the discount rate on loans it makes to commercial banks.…
A: Answer: Discount rate: It refers to the rate of interest that the central bank charges on loans that…
Q: Why banks are best regulated by the markets
A: Banks are the financial institutions that are generally regulated by the central bank.Central bank…
Q: Why does the firm have to borrow the bank's liability rather than use its own? Explain briefly.
A: Start-ups and small businesses seeking to expand frequently have one thing in common: they require…
Q: What are differences between digital cash and cryptocurrency?
A: Digital Cash and Cryptocurrency is intangible money which cannot be seen in the form of currency in…
Q: Historically, which of the following was correct about banks in America ? A. most banks were small…
A: In America, the first bank was established in 1791. Even though it was a small bank, it was willing…
Q: Should bankers be empowered by law to inquire into the sources of their customers' deposit?
A: Every day, bankers, often referred to as retail bankers, work with customers by helping them with…
Q: why is banking important to the economy? and why do banks need to be regulated?
A: Banks are government Authorised, here people can put their money safely and also banks provide loans…
Q: Does the fact that the credit card issuing industry meets some criteria of perfect competition…
A: The Credit card companies consist of the feature of perfect competition, the credit card industry is…
Q: what does it mean when banks are paying people to get loans?
A: The financial system of the nation is considered to be one of the most prominent, and important…
Q: Benefits of government regulating banks.
A: Bank regulation is basically a kind of govt regulation that, among other things, sets certain rules,…
Q: How would you determine the interest rate that the bank charges on the transaction?
A: Many payments are made through our bank accounts and each transaction has a cost attached to it. The…
Q: Administration costs make small loans less profitable for banks than large ones, other things equal.…
A: Loan is the amount of money offered by Banking as well as non banking financial institution in…
Q: Describe Factors that influence the use of money vs credit cards.
A: Money: Money is a widely accepted instrument used as a measure of value, a medium of exchange, a…
Q: Should the government guarantee loans for small businesses that are missing the necessary track…
A: Commercial bank loans are provided on some basis such as the minimum requirement of liquid asset…
Q: What is the difference between commercial bank and universal bank? (Give atleast 5)
A: A commercial bank is a financial institution that accepts public deposits and provides loans for…
Q: credit unions differ from savings institutions
A: More number of saving banks come together are called savings institutions. More number of loan…
Q: why is it necessary to regulate banks
A: Many reasons are there behind the regulation of bank is vital for banks but some reasons are very…
Q: Why is money considered fungible?
A: The term “fungibility” means the sate of interchangeability. Money is a unit that acts a measure of…
Q: Write the main aims of the regulations of the Depository Institution.
A: The depository institutions are the ones that are legally allowed to accept deposits. These include…
Q: What does it mean when a bank is labeled “too big tofail”?
A: Banks are financial institutions that act as an intermediary between the investors are borrowers.…
Q: The following are operations of thrift banks except * A. Lending operations B. Investment banking…
A: Then talking about thrift banks, it can be said that these banks differ from commercial banks in…
Q: Why certificate of deposit is considered as lending investment
A: Answer-
Q: What are the different types of deposit accounts and loans offered to customers by any one…
A: * ANSWER :-
Q: How would a rise in interest rate affect a bank’s profit?
A: 1.The banking sector and interest rates are significantly related. 2. Profitability of banks…
Q: Why do you think profit and loss sharing concept is used in Islamic banking?
A: Profit and Loss Sharing, often known as PLS or "participatory" banking, is a method of financing…
Q: what are the steps in money laundering process
A: Money laundering: The conversion of illegally earned into legitimate money.
Q: bank
A: Bank Deposit creation is limited by reserve requirement. Explanation Money refers to anything…
Q: Why do we call a bank a financial intermediary?
A: An individual or a firm or a party who is placed between two other parties are called Intermediary…
Q: What is the Role of Internet/ Mobile Banking in the Society?
A: The automated distribution of new and classic banking products and services to customers via…
Q: Private firms that accept deposits and extend loans are known as a) mutual funds. b) banks. Oc)…
A: Mutual funds is that types of funds in which investors invest in many type of Assets, in generally…
Do commercial banks have different categories
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