The value of assets held by commercial banks in 2001 was $6.7 trillion dollars, making commercial banks the
A) second most important sector of financial intermediaries after mutual funds.
B) second most important sector of financial intermediaries after lifeinsurance companies.
C) second most important sector of financial intermediaries after privatepension funds.
D) largest sector of financial intermediaries.
Correct Answer:
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Q1: The declining profits made banks to undertake
Q2: Retail banking means granting loans for:
A)Construction of
Q3: Investment banking was developed by
A)Japan
B)England
C)USA
D)None of the
Q4: Financial institutions expect that
A)moral hazard will occur,
Q5: The largest depository institution at the end
Q7: The market value size of outstanding instruments
Q8: When maturities of liabilities and assets are
Q9: The money market where securities are issued
Q10: The federal funds, bankers acceptance, commercial paper
Q11: In financial transactions, the risk that there
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