LIBF Unit 1 E-test Revision Test 1. Exam Question & Answers, rated A+
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LIBF
LIBF Unit 1 E-test Revision Test 1. Exam Question & Answers, rated A+
What customers will directly benefit of interest rates rise? - -People with a variable rate cash isa
The financial services (banking reform) bill includes the concept of ring fencing. For a bank this means: - -Separating ...
libf unit 1 e test revision test 1 exam question amp answers
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LIBF Unit 1 E-test Revision Test 1. Exam
Question & Answers, rated A+
What customers will directly benefit of interest rates rise? - ✔✔-People with a variable rate cash isa
The financial services (banking reform) bill includes the concept of ring fencing. For a bank this means: -
✔✔-Separating everyday banking activities from investment banking activities
What do u have to provide to a bank for proof of address when opening a bank account? - ✔✔-A water
bill issued two months ago
The consumer credit act provides protection for goods and services paid for with a credit card, up to a
maximum value of.... - ✔✔-£30,000
How many attempts does a debit card holder have to enter their correct pin before a transaction is
declined? - ✔✔-Three
Is it true that discretionary expenses should be shown in a cash flow forecast? - ✔✔-Yes it is!
National savings & investments (NS&I) products are guaranteed by..... - ✔✔-HM treasury
What body has an objective to promote the safety and soundness of financial providers? - ✔✔-The
prudential regulation authority (PRA)
Who does the financial conduct authority report directly to? - ✔✔-HM treasury
If a bank wishes to close someone's bank account, how much notice must the bank give the account
holder? - ✔✔-Two months
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