Banking
Arizona State University
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BANKING TEST QUESTIONS AND ANSWERS
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Which of the following is NOT a source of income for a bank?
A.
the interest earned by depositors
B.
investments
C.
loan income from interest
D.
fees for services - Answer-A
The difference between what a bank pays in interest and what it receives in interest is called - Answer-Spread
True or False:
A Financial intermediary will not take a deposit for a consumer. - Answer-False
Total assets minus total liabilities equals - Answer-Equity
The loosening of government contro...
Exam (elaborations)
BANKING TEST QUESTIONS AND ANSWERS
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Which of the following is NOT a source of income for a bank? A. the interest earned by depositors B. investments C. loan income from interest D. fees for services - Answer-A The difference between what a bank pays in interest and what it receives in interest is called - Answer-Spread True or False: A Financial intermediary will not take a deposit for a consumer. - Answer-False Total assets minus total liabilities equals - Answer-Equity The loosening of government contro...
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