Banking, Finance, and Insurance sectors

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Here are some MCQs on Banking, Finance, and Insurance sectors:

1. Which of the following is NOT a function of a commercial bank?
a. Accepting deposits
b. Granting loans
c. Issuing insurance policies
d. Providing financial advisory services

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2. What is the primary role of a central bank?
a. Regulating commercial banks
b. Providing insurance services
c. Facilitating international trade
d. Controlling the money supply and monetary policy

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3. What is the main source of revenue for commercial banks?
a. Interest on loans
b. Premiums from insurance policies
c. Fees from brokerage services
d. Dividends from investments

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4. What is the purpose of a credit rating in the financial sector?
a. Determining the interest rates on loans
b. Assessing the financial health and creditworthiness of borrowers
c. Evaluating the performance of insurance companies
d. Regulating stock market transactions

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5. What is the role of an investment bank?
a. Accepting deposits from individuals and businesses
b. Providing loans for personal and commercial purposes
c. Assisting companies in raising capital through issuing securities
d. Offering insurance policies to individuals and businesses

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