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TYPES OF BANK
Game Code: 1750032
English
9
Public
LIFE SKILLS 2BGU
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Commercial banks in Ecuador offer a limited range of financial services.
TRUE
FALSE
15
Savings and Loan Cooperatives are not member-owned financial institutions.
TRUE
FALSE
15
Development Banks in Ecuador primarily focus on financing agriculture projects.
TRUE
FALSE
15
The Central Bank of Ecuador is responsible for managing the country's money supply.
FALSE
TRUE
15
Foreign banks in Ecuador only provide services related to foreign currency exchange.
TRUE
FALSE
15
Microfinance Institutions in Ecuador target high-income individuals.
FALSE
TRUE
15
Rural and Agricultural Banks typically do not have a presence in rural communities.
TRUE
FALSE
15
Foreign banks in Ecuador are not allowed to provide investment opportunities.
FALSE
TRUE
15
The Banco de Desarrollo del Ecuador is a commercial bank in Ecuador.
TRUE
FALSE
15
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