Usury is not the same as banking. Because a.. Charges high interest b. It is unregulated buying and selling. c. There is only seller. All of the above
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- An account issued by banks yielding a market rate of interest with a minimum balance requirement and a limit on transactions is a Select one: a. certificate of deposit. b. money market deposit account. c. savings deposit. d. time deposit.Checks are: a. Not a means of payment b. Not money c. Not a promise of any kind d. Not acceptable by the U.S. Government for payment of taxesWhich of the following is a kind of bank? (select all that apply) A. Commercial B. Savings and Loan Associations C. Mutual Savings D. Credit Unions
- what are the three main credit bureaus? They should explain how each one works and how they are different.2. Customer information that may be sold by banks include all of the following, EXCEPT a. loan history b. investments c. public arrest record d. bank balanceThe government regulates the banking industry by a. limiting the quantity of some kinds of assets that a bank may own. b. conducting frequent audits and examinations. c. limiting the kinds of assets that a bank may own. d. All of these responses are correct.
- Provide detailed explanations of the following words, including all relevant details, and if applicable, examples or cases. Indian Banks - Credit Delivery 1. Lending's legal ramifications.A market where loans are made to borrowers a- Transaction costs b- Fiancial inventory c- Reserves d- loan marketThe ease at which an asset can be converted into a medium of exchange is known as A. Inflation B. Profitability C. Liquidity D. Wealth
- TRUE OR FALSE 8. It is really important to observe the specifications prescribed by the NEDA in the creation or publication of new denominations. 9. Creditor is the maker of the check. 10. Check is good as cash.Explain the following terms elaborately involving every detail in it and provide examples/cases, if any. Banks in India - Credit Delivery:1. Legal aspects of lending. No plagiarism, I will definitely like it.Answer the following A. Banks and other businesses a. often treat their customers' personal information like a commodity b. always respect their customers' privacy c. solicit the geovernment's help in order to exploit their customers d. are legally allowed to sell all of their customers' information B. Customer information that may be sold by banks include all of the following, EXCEPT a. loan history b. investments c. public arrest record d. bank balance