Answered: This refers to a type of financial…

This refers to a type of financial institution particularly commercial bank that is state-owned by the corresponding government? Public sector banks Foreign bank Private sector banks Domestic bank

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter2: Ethics & Governance Scandals

Section: Chapter Questions

Problem 6.2EC

See similar textbooks

Related questions

Q: What are the characteristics of a bank which generally distinguish them from other commercial…

A: Banks are those financial institutions which provide loans to the public and accepts deposits from…

Q: What are is the main regulatory agency that regulates the banking industry in the Philippines? Give…

A: Bangko Sentral ng Pilipinas (BSP). The BSP, through its Monetary Board, is primarily responsible…

Q: Which of the following is an accurate description of a dual banking system? Government…

A: a) A dual banking structure is the managing banking that works within the Joined together States,…

Q: Which is not true about the Banko Sentral ng Pilipinas and the Philippine banking industry? Banko…

A: Bangko Sentral ng Pilipinas of the Philippines is responsible for the monetary policies, monetary…

Q: What are the main sources of funding for commercial banks?

A: Banks are a financial institution that receives money from customers and makes a loan to the…

Q: What are prudential standards in the context of bank regulation? Detail the requirements of two (2)…

A: Bank regulation is defined as the government regulation type, which used to be subjected to banks…

Q: what is Importance of bank reconciliation statement for education industry.

A: Banks reconciliation statement is matching of banking transactions statement with that of financial…

Q: Give the most important things from the topic of Non-banking financial institutions

A: Solution- A Non-Banking financial Institution-(NBFI) could be a establishment that doesn't…

Q: Identify the financial regulations that led to consolidation in the domestic banking sector.

A: Financial regulations are defined as the rules as well as laws, which helps in governing the…

Q: Which is not true about bank classification in the Philippines? The Bangko Sentral ng Pilipinas…

A: In the given case the Banks in philippines include majority of universal and commercial banks ... It…

Q: Discus various reasons why financial firms usually tend to offer credit in financial markets outside…

A: Financial firms can offer credit to various type of borrowers across geographical locations and…

Q: Which regulatory agency has the primary responsibility for supervising the following categories of…

A: Answer to Ques (a) "Since you have asked multiple question, we will solve the first question for…

Q: escribe the role of regulators of financial activities? How does it contribute to the efficient…

A: Role of regulators of financial activities : 1.Working with government as well as operator…

Q: WHICH IS AN EXAMPLE OF A BANKING REGULATION? AT THE FEDERAL LEVEL, HOW MANY BANKING REGULATIONS ARE…

A: As you have asked multiple questions, we will solve the first question which has been asked as per…

Q: In the US history, that separated the operations of commercial banks and those of investment bank is…

A: Sarbox Act was passed to protect investors from fraudulent financial reporting Dodd-Frank Bill Act…

Q: Commercial banks obtain funds to make loans from all the following sources except Multiple…

A: Institutions involved in prime function of getting funds as deposits from public and lending those…

Q: ( ) is responsible for conducting monetary policy by influencing money supply and interest rates. a.…

A: Option C. A Central Bank Central Bank is responsible for influencing the monetary policy of the…

Q: Explain why some financial institutions prefer to provide credit in financial markets outside their…

A: Financial institutions are organizations which deal with financial and monetary transactions. Banks,…

Q: Which of the following is the primary regulator of bank holding company activities? Federal Reserve…

A: The companies holding controlling interest in banks are known as bank holding companies. These…

Q: explain why some financial institutions prefer to provide credit in financial institutions outside…

A: Introduction: A financial institution is an entity or organisation that allows financial markets to…

Q: What should be the role of the Finance Ministry to control inward foreign remittances?

A: Inward remittance is referred to as the received funds through an individual in an account from the…

Q: Identify the reasons for U.S. banks to operate in foreign countries and for foreign banks to operate…

A: Bank: A bank is a financial institution which performs the basic function of accepting deposits and…

Q: Are merchant banks relevant to the Ugandan economy?

A: Meaning of Merchant Bank :- A merchant bank can be classified as the type of financial intermediary…

Q: Discuss proposals to develop the relationship of banks with the government and employees?

A: A proposal includes an act of putting front a matter of something for consideration for the…

Q: What are the issues associated with international banking and finance transaction that require…

A: As a part of the international financial system, banking and financial institutions are important…

Q: A mechanism of interbank transaction of islamic bank and conventional banks

A: Islamic banking or sharia-compliant finance a financing activity that complies with sharia through…

Q: What is a Financial Institution? How financial institutions are important for economic development…

A: A financial institution is one that deals with numerous forms of financial transactions and it might…

Q: Describe the different types of financial institutions and which banking authorities supervise them.

A: The financial market composed of a number of financial institutes that perform a variety of…

Q: Make a personal assessment of any government bank in the Philippines.

A: A financial institution (FI) is a company that deals with financial and monetary transactions such…

Q: Why do we have banks chartered by the States, and some also chartered by the Federal government?…

A: State chartered banks are operated in a particular state only. But there is no restriction on the…

Q: T THE FEDERAL LEVEL, HOW MANY BANKING REGULATIONS ARE THERE?

A: The federal and state governments have the authority to control and manage the financial markets and…

Q: he amount of loans that a bank can create is limited by elect one: O a. laws enacted by Parliament.…

A: The amount of loans that a bank can creates limited by - (b) the monetary base, bank's desired…

Q: Which is not true about the Banko Sentral ng Pilipinas and the Philippine banking industry? a. Banks…

A: A financial institution (FI) is a company that deals with financial and monetary transactions such…

Q: Islamic bank instruments?

A: Bank Instruments-: Bank Instruments is a familiar expression for several categories of instruments…

Q: Identify which one of the following statement is correct? a. Banks are basically financial…

A: In the given case Option C is correct... Banks are basically financial intermediaries between the…

Q: Why financial institutions are crucial for the economic development of a country? Discuss various…

A: A financial institution, essentially, is that institution that deals with various types of financial…

Q: Identify the reasonsfor U.S. banks to operate in foreign countries and for foreignbanks to operate…

A: A bank is a financial institution which performs the basic function of accepting deposits and…

Q: What are the secondary functions of the Bank of Philippine Islands (BPI) and Development bank of the…

A: Banking system is a system in which bank organizations seeks deposit from public to lend them…

Question

This refers to a type of financial institution particularly commercial bank that is state-owned by the corresponding government?

Public sector banks

Foreign bank

Private sector banks

Domestic bank

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Which of the following is not a category of bank regulations? a. The government safety net. b. Capital requirements. c. Competition Policy. d. Chartering and examination.
Commercial Papers are issued by Commercial Banks Government Corporate Sector Mutual Funds
Discuss proposals to develop the relationship of banks with the government and employees?
WHICH IS AN EXAMPLE OF A BANKING REGULATION? AT THE FEDERAL LEVEL, HOW MANY BANKING REGULATIONS ARE THERE?
Which of the following is not a description of a classification of a financial institution? An entity that accept money from public and use such to financial instruments issued by businesses or government. An office that collect taxes from registered individuals. An associations whose members are supposed to have a common bond. A company that offers a variety of savings and loan products.
Holdings of government bonds are classified on a bank's balance sheet as Group of answer choices assets, because investing in government bonds represents a use of funds for investment. liabilities, because the bank must borrow in order to be able to invest in the government bonds. assets, because the markets for government bonds are the most liquid in the world. liabilities, because the government bonds must be pledged as collateral against borrowing.
The term ‘loanable funds' refers to: a. only those funds loaned by one bank to another bank. b. only those funds loaned to banks by the public. c. only those funds loaned to banks by the central bank. d. all those funds changing hands between the lenders and borrowers in the financial markets.
Which of the following is not a function of a Central Bank? a. To regulate the issue, supply and availability of money. b. To manage the foreign exchange reserves. c. To advise government on monetary and fiscal matters. d. To manage the public and private debt in the country.
Which is not true about the Banko Sentral ng Pilipinas and the Philippine banking industry? Banko Sentral ng Pilipinas is the primary government agency that facilitates the planning and implementation of fiscal policies Banks are engaged in lending of cash which were acquired from the public the form of deposits The members of the monetary board of the Banko Sentral ng Pilipinas is appointed by the president of the Philippines One of the powers that the Universal bank can exercise includes the power of an investment house
Identify which one of the following statement is correct? a. Banks are basically financial intermediaries between the depositors and the creditors b. Banks are basically financial intermediaries between the debtors and the borrowers c. Banks are basically financial intermediaries between the depositors and the borrowers d. Banks are basically financial intermediaries between the government and the borrowers
Commercial banks obtain funds to make loans from all the following sources except Multiple Choice funds borrowed from the Federal Reserve Bank. money deposited by their borrowers. direct appropriations from the federal government. equity capital of the bank's owners.
T THE FEDERAL LEVEL, HOW MANY BANKING REGULATIONS ARE THERE?