Banking and Finance Awareness MCQ quiz



This section contains 14 multiple-choice questions quiz on banking and finance.


Instructions

Topic- banking and finance

The test consists of 14 questions.

No negative marking for this test.

No Time limit

The pass percentage is 70%

The correct answer with a description will be displayed after the answer has been marked.

Submit the test to calculate your score once you are done with all the questions.

Complexity Level- Moderate




Q1: What does FDIC stand for in the context of banking and finance?















Q2: Which financial institution typically provides services like accepting deposits, granting loans, and offering various financial products?















Q3: What is the primary function of a central bank in a country's financial system?















Q4: What does APR (Annual Percentage Rate) represent?















Q5: What is the role of a stockbroker in the financial markets?















Q6: Which financial statement provides an overview of a company's financial position at a specific point in time?


















Q7: What is the purpose of diversification in an investment portfolio?


















Q8: Which of the following is considered a safe haven investment during times of economic uncertainty?


















Q9: What is the primary goal of monetary policy?


















Q10: What term describes the interest rate at which banks lend money to each other in the short term?


















Q11: What does the term "liquidity" refer to in finance?


















Q12: Which type of financial market is primarily for raising capital through the issuance of stocks and bonds?


















Q13: What is the primary role of an investment banker?


















Q14: Which financial instrument provides the holder with partial ownership in a company and voting rights in corporate decisions?