Modern Banking Skill Assessment
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Modern Banking MCQ
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Free Sample Questions for Modern Banking
The fractional banking system _____.
Makes banking more secure
Only works if there are a limited number of banks
Ensures growth in the economy
Prevents excessive defaults
Answer:
Ensures growth in the economy
Commercial bank deposits with the fed become ___________ of the bank making the deposit.
Profits
Assets
Net Income
Net Worth
Answer:
Assets
Insurance Principles 
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