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5416304
Commercial Banks
Description
2016 CSEC Economics (Section 5 - Financial Sector) Quiz on Commercial Banks, created by Nikolas Reece on 13/05/2016.
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csec economics
section 5 - financial sector
2016
Quiz by
Nikolas Reece
, updated more than 1 year ago
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Created by
Nikolas Reece
about 8 years ago
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Resource summary
Question 1
Question
Which of the following is NOT a commercial bank which operates in Trinidad and Tobago?
Answer
FCB
TCB
RBC
RBL
Question 2
Question
Which of the following is NOT a financial service offered by commercial banks?
Answer
Safekeeping services
Distribution of notes and coins
Issuing notes and coins
Issuing Credit Card
Question 3
Question
A commercial bank is a FOR-PROFIT making financial institution.
Answer
True
False
Question 4
Question
There are currently eight (8) commercial banks operating in Trinidad and Tobago
Answer
True
False
Question 5
Question
Which of the following are financial services offered by commercial banks? (check all that apply)
Answer
Offer safekeeping services
Provide payment services
Automated Teller Machines (ATM) Services
Determine the foreign exchange rate
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