Types of Banks

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16. Which type of bank operates solely online and does not have physical branch locations?

a) Digital banks

b) Retail banks

c) Development banks

d) Central banks

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17. Which type of bank focuses on providing services related to mergers, acquisitions, and securities trading?

a) Retail banks

b) Investment banks

c) Offshore banks

d) Central banks

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18. Which type of bank offers banking services exclusively to employees of a specific company or organization?

a) Retail banks

b) Investment banks

c) Corporate banks

d) Central banks

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19. Which type of bank primarily deals with financial transactions involving the buying and selling of government bonds and securities?

a) Retail banks

b) Investment banks

c) Development banks

d) Central banks

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20. Which type of bank focuses on providing financing for real estate development and mortgage lending?

a) Retail banks

b) Investment banks

c) Development banks

d) Mortgage banks

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