FINTECH FINAL EXAM QUESTIONS WITH DETAILED
VERIFIED AND 100% ACCURATE ANSWERS
both of the above Correct Answers The free-rider problem affects the
stock market.
corporate bond market.
both of the above.
neither of the above.
monitoring Correct Answers Costly state verification means the same as
True Correct Answers Transactional costs are any and all costs
associated with completing an exchange.
True Correct Answers Asymmetric information leads to allocational
inefficiencies in financial markets.
True Correct Answers The cost of accounting fees is an example of a
transactions cost that banks can deal with more efficiently than
individuals.
False Correct Answers Gross spread is the sum of what a bank earns on
its assets and what it pays for its liabilities.
True Correct Answers Bank sales of mortgage backed securities are a
type of off-balance-sheet activity.
, False Correct Answers Banks use third party verification of application
information to manage credit risk and moral hazard issues.
False Correct Answers Loans from the Fed are assets of a bank.
False Correct Answers Mortgages are a type of off-balance-sheet
activity.
False Correct Answers A typical bank has a positive gap.
Both A and C Correct Answers Which of the following are product
groups of a perfect neobank?
Question options:
1)
The universal payment accounts
2)
Ideal for complex banking transactions
3)
The master credit line
4)
Both A and C
5)
All of the above
VERIFIED AND 100% ACCURATE ANSWERS
both of the above Correct Answers The free-rider problem affects the
stock market.
corporate bond market.
both of the above.
neither of the above.
monitoring Correct Answers Costly state verification means the same as
True Correct Answers Transactional costs are any and all costs
associated with completing an exchange.
True Correct Answers Asymmetric information leads to allocational
inefficiencies in financial markets.
True Correct Answers The cost of accounting fees is an example of a
transactions cost that banks can deal with more efficiently than
individuals.
False Correct Answers Gross spread is the sum of what a bank earns on
its assets and what it pays for its liabilities.
True Correct Answers Bank sales of mortgage backed securities are a
type of off-balance-sheet activity.
, False Correct Answers Banks use third party verification of application
information to manage credit risk and moral hazard issues.
False Correct Answers Loans from the Fed are assets of a bank.
False Correct Answers Mortgages are a type of off-balance-sheet
activity.
False Correct Answers A typical bank has a positive gap.
Both A and C Correct Answers Which of the following are product
groups of a perfect neobank?
Question options:
1)
The universal payment accounts
2)
Ideal for complex banking transactions
3)
The master credit line
4)
Both A and C
5)
All of the above
