Miscellaneous Quiz / Banking & Financial Systems

Random Miscellaneous Quiz

Can you name the Banking & Financial Systems Terms??

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What does ATM stand for?
FOMC stands for?
The central bank of the United States
Loosening of government control
An insurance copmany is a ________ intermediary.
The difference between what a bank pays in interest and what it receives in interest
Four main functions of a bank
anything of value
An agreed-upon system for measuring value of goods and services
Those that obtain funds from the public and use them to finance their business
A banks liabilites exceed its _______.
Are there more or less commercial banks today than 20 years ago?
credit, debit, or other types of cards that have embedded microchips
a cash obligation

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