Types of Banking

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6. What is Islamic banking?

a) Banking services offered by Islamic countries only

b) Banking services prohibited by religious institutions

c) Banking services conforming to Islamic principles and laws

d) Banking services offered through online platforms

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7. What is mobile banking?

a) Banking services offered through mobile applications

b) Banking services offered through traditional brick-and-mortar branches

c) Banking services offered through international banks

d) Banking services offered through online platforms

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8. What is private banking?

a) Banking services offered to individuals with high net worth

b) Banking services offered to individuals with low income

c) Banking services offered to international clients

d) Banking services offered through online platforms

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9. What is central banking?

a) Banking services offered to individuals

b) Banking services offered to businesses

c) Banking services offered by the central bank of a country

d) Banking services offered through mobile applications

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10. What is online banking?

a) Banking services offered through mobile applications

b) Banking services offered through traditional brick-and-mortar branches

c) Banking services offered through international banks

d) Banking services offered through online platforms

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