Banking Structure and Types of Banks

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Banking Structure and Types of Banks - Case Studies

Q. What type of financial institution primarily provides microloans to low-income individuals?

Solution

Microfinance institutions primarily provide microloans to low-income individuals to promote entrepreneurship.

Correct Answer: C — Microfinance Institution

Q. Which type of bank is typically focused on providing services to large corporations?

Solution

Investment banks are typically focused on providing services to large corporations, including mergers and acquisitions.

Correct Answer: C — Investment Bank

Q. Which type of bank primarily focuses on providing financial services to small and medium enterprises?

Solution

Development banks primarily focus on providing financial services to small and medium enterprises to promote economic development.

Correct Answer: C — Development Bank

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