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Which of the following is NOT a type of bank?

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Question: Which of the following is NOT a type of bank?

Options:

  1. Commercial Bank
  2. Investment Bank
  3. Central Bank
  4. Retail Bank

Correct Answer: Retail Bank

Solution: 

Retail Bank is a type of bank; the correct answer is that all listed are types of banks.

Which of the following is NOT a type of bank?

Practice Questions

Q1
Which of the following is NOT a type of bank?
  1. Commercial Bank
  2. Investment Bank
  3. Central Bank
  4. Retail Bank

Questions & Step-by-Step Solutions

Which of the following is NOT a type of bank?
Correct Answer: None of the above
  • Step 1: Read the question carefully to understand what is being asked.
  • Step 2: Identify the options provided in the question regarding types of banks.
  • Step 3: Recall or research the different types of banks, such as retail banks, commercial banks, investment banks, etc.
  • Step 4: Compare the options given in the question with the known types of banks.
  • Step 5: Determine if any of the options listed is not a type of bank.
  • Step 6: Conclude that all the options listed are indeed types of banks.
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