Test Bank For Bank Management And Financial Services, 9th Edition

Find everything you need to prepare for your exams in Test Bank For Bank Management And Financial Services, 9th Edition, a comprehensive guide filled with solved questions.

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Chapter 01An Overview of the Changing Financial-Services SectorFill in the Blank Questions1._______________________ is a traditional service provided by banks in which the banks storethe valuables of their customers andcertify their true value.________________________________________2.The fact that financial institutions monitor the financial condition of their borrowers by serving onlyas an agent on behalf of depositors is the_______________________ theory of banking.________________________________________3._______________________ refers to when a financial institution trades one form of currency foranother. An example of this would be when the bank tradesdollars for yen.________________________________________4.A(n) _______________________ is a traditional service which permits a depositor to write a draftin payment for goods and services.________________________________________5._______________________ is a service provided by banks where the bank lends money toindividuals for the purchase of durable and other goods.________________________________________6.The _______________________ of a bank is a traditional service where the bank manages thefinancial affairs and property of individuals (and in some cases businesses).________________________________________7.Companies such as Merrill Lynch and Sears which offered some but not all banking services inthe 1980s were called ______________________.________________________________________8.The loosening of government regulation and control of financial institutions is called______________________.________________________________________

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