Unit 1 Topic 1
Introducing the financial services industry
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In order to expedite funding for business activities in wholesale banking, how can a bank achieve this quickly?
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Up to what percentage of their liabilities may Building Societies raise funds on the wholesale market?
3 / 10
Notes and coins are accepted as legal tender because they have:
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Financial intermediaries facilitate maturity transformation due to their ability to:
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In order to be acceptable as a medium of exchange, money must have all EXCEPT which one of the following?
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Which one of the following factors distinguishes building societies from other financial institutions?
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The role of the Bank of England's Monetary Policy Committee (MPC) is:
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Which of the following statements accurately distinguishes a mutual organization from a proprietary organization?
9 / 10
The Bank of England is a central bank because :
10 / 10
In recent years, which means have large institutions in financial services markets predominantly used to achieve growth and diversification?
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