Types of Banks

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6. Which of the following types of banks follow Islamic principles and avoid interest-based transactions?

a) Investment banks

b) Development banks

c) Islamic banks

d) Central banks

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7. Which type of bank is responsible for issuing currency and maintaining the stability of the national economy?

a) Commercial banks

b) Development banks

c) Central banks

d) Retail banks

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8. Which type of bank provides specialized financial services such as trade financing and international banking for export-oriented businesses?

a) Retail banks

b) Central banks

c) Development banks

d) Export banks

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9. Which type of bank is primarily concerned with providing banking services to farmers and agricultural businesses?

a) Retail banks

b) Development banks

c) Agricultural banks

d) Central banks

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10. Which type of bank is responsible for managing and investing the funds of government entities and public organizations?

a) Commercial banks

b) Investment banks

c) Development banks

d) Public banks

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