LIBF multiple choice unit 4. Question and answers, 100% Accurate, graded A+

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LIBF multiple choice unit 4. Question and answers, 100% Accurate, graded A+ A bank - ✔✔-Which of the following is an example of a large public limited company? HM Treasury - ✔✔-The governm... ent department that has overall responsibility for financial stability in the UK is: provide services to individuals and to small and medium-sized businesses - ✔✔-Retail banks: individual insurance companies and Lloyd's insurance market - ✔✔-The providers of insurance can be subdivided into two main categories: support the government's economic policy - ✔✔-An objective of the Financial Policy Committee is to: Wonga.com - ✔✔-An example of a payday loan company is: True - ✔✔-UK Financial Investments (UKFI) was set up to manage the shareholdings of banks rescued by the government true or false ? True - ✔✔-People who lend money to intermediaries and borrow from them are known as counterparties: true or false ? customers no longer have to shop around - ✔✔-A benefit of effective competition is that: be an independent voice for consumers of financial services - ✔✔-The Financial Services Consumer Panel aims to: 7 days - ✔✔-The Current Account Switch Service enables clients to switch their current account provider in just: False - ✔✔-Competition is always good for the consumer true or false ? resolution - ✔✔-The procedure that takes place when a bank is in trouble is known as bank: environmental, social and economic - ✔✔-The three pillars of sustainability are: temporary public ownership - ✔✔-When the government purchased the failed banks in 2007/8, the banks were placed in: may receive help from the government and the Bank of England but may be allowed to fail - ✔✔-As a result of regulations put in place since the banking crisis a failing bank: those who make the company's strategic decisions - ✔✔-Directors are: self-insurance - ✔✔-Regularly setting aside a sum of money to cover unexpected expenses such as vet bills, instead of paying insurance premiums, is known as: people stop spending and start saving to pay off existing debts - ✔✔-Deleveraging is when: subjectively - ✔✔-Media organisations write their news reports: Daily Mail - ✔✔-An example of a middle-market newspaper is: a financial magazine - ✔✔-Money Week is: Money box - ✔✔-The Radio 4 programme that focuses on personal finance is: Financial Times - ✔✔-A technical analysis of the impact of a change in corporation tax is most likely to appear in the: active - ✔✔-The role played by the mass media can be described as: payment protection insurance was being sold as a condition of being granted a loan - ✔✔-One of the reasons the payment protection insurance scandal arose was because: market rigging - ✔✔-The Libor scandal was a form of: a voluntary banking code that covers the sale of credit excluding mortgages - ✔✔-The Standards of Lending Practice form: when interest rates fall, business investment rises - ✔✔-The re [Show More]

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