Nikolas Reece
Quiz by , created more than 1 year ago

2016 CSEC Economics (Section 5 - Financial Sector) Quiz on Commercial Banks, created by Nikolas Reece on 05/13/2016.

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Nikolas Reece
Created by Nikolas Reece almost 8 years ago
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Commercial Banks

Commercial Banks

Question 1 of 5

1

Which of the following is NOT a commercial bank which operates in Trinidad and Tobago?

Select one of the following:

  • FCB

  • TCB

  • RBC

  • RBL

Explanation

Question 2 of 5

1

Which of the following is NOT a financial service offered by commercial banks?

Select one of the following:

  • Safekeeping services

  • Distribution of notes and coins

  • Issuing notes and coins

  • Issuing Credit Card

Explanation

Question 3 of 5

1

A commercial bank is a FOR-PROFIT making financial institution.

Select one of the following:

  • True
  • False

Explanation

Question 4 of 5

1

There are currently eight (8) commercial banks operating in Trinidad and Tobago

Select one of the following:

  • True
  • False

Explanation

Question 5 of 5

1

Which of the following are financial services offered by commercial banks? (check all that apply)

Select one or more of the following:

  • Offer safekeeping services

  • Provide payment services

  • Automated Teller Machines (ATM) Services

  • Determine the foreign exchange rate

Explanation

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