List the banking services that each bank offer. Compareand contrast the services offered by the banks.

Q: What is the major function of general banking operation?

A: When talking about banking operations, it can be said that this market includes the exchange of…

Q: Using an example explain what the shadow banking system is and how it works.

A: The shadow banking system is not like long-established banks and lending institutions because these…

Q: Why banks are best regulated by the markets

A: Banks are the financial institutions that are generally regulated by the central bank.Central bank…

Q: Should Banks Reinvest their Profits in the Communities where they operate?

A: Banks are defined as institutions that deal in money and provides money related services to its…

Q: What are differences between digital cash and cryptocurrency?

A: Digital Cash and Cryptocurrency is intangible money which cannot be seen in the form of currency in…

Q: Identify the largest 5 banks in the United stated.

A: United States is one the most developed countries of the world. There are many large banks in the…

Q: Discuss credit card safety and precautions?

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

Q: Explain in detail the types of banks?

A: Any economy's foundation is its banking sector. It is made up of several financial organizations…

Q: What Is a Commercial Bank?

A:

Q: what is the benefit of offshore banking to clients

A: An offshore bank is one that is governed by an international banking license that prevents it from…

Q: What are the reasons that young people might decide not to open a bank account?

A: A bank account is a financial account opened and maintained with a bank or financial institution. It…

Q: What is the difference between digital banking and branch banking?

A: The term "digital banking" refers to banking conducted entirely online, without the use of paper…

Q: Why is money considered fungible?

A: The term “fungibility” means the sate of interchangeability. Money is a unit that acts a measure of…

Q: Write the main aims of the regulations of the Depository Institution.

A: The depository institutions are the ones that are legally allowed to accept deposits. These include…

Q: How it is possible to prevent bank failure?

A: Bank failure could be prevented in many ways. Banks should keep track of monetary policy and…

Q: Do commercial banks have different categories

A: - Commercial Banks(CBs) are the financial institutions that provide basic investment options as…

Q: Identify the three government policies for assuring safe and stable banking systems

A: Government plays an important role in maintaining secure banking system. It control operations of…

Q: To deposit and withdraw funds from linked bank accounts, which system call will be used? Withdraw…

A: A linked account is one that is linked to another at the same financial institution so that money…

Q: HOW MANY BANKING REGULATIONS ARE THERE in the philippines?

A: There are 4 main categories of banking regulations in the Philippines. 1)Prudential regulations.…

Q: What are 2-3 products and/or services that have been improved or introduced in recent years by banks…

A: The 2-3 products and/or services that have been improved or introduced in recent years by banks due…

Q: what are the steps in money laundering process

A: Money laundering: The conversion of illegally earned into legitimate money.

Q: Summarize howtransaction costsaffect financial intermediaries.

A: While buying or selling a good or services, the expenses incurred are known as transaction costs .…

Q: Why do we call a bank a financial intermediary?

A: An individual or a firm or a party who is placed between two other parties are called Intermediary…

Q: What is the Role of Internet/ Mobile  Banking in the Society?

A: The automated distribution of new and classic banking products and services to customers via…

Required Reserve and Excess Reserve Analysis

A required reserve is an amount of cash that banks must keep with themselves, which is certain percentage of the deposits made by their customers. Required reserve is a percentage of the bank's deposits that the respective bank must have on each overnight. The percentage rate is set and determined by the nation’s central bank. It is important to have such funds accumulated to meet its uncertain obligations, sudden liabilities and withdrawals. Required reserve is also known as reserve ratio. Reserve ratio is an important tool to control the money supply.