When an Overseas Banking Operation Is Separately Incorporated from the Parent

question 9

Multiple Choice

When an overseas banking operation is separately incorporated from the parent bank, what is it called?

• A) subsidiary bank
• B) branch bank
• C) affiliated bank
• D) correspondent bank

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Definitions:

Photosynthesis

The biological process used by plants and some other organisms to convert light energy into chemical energy stored in glucose or other organic compounds.

Thylakoid Compartment

A structure within chloroplasts where light-dependent reactions of photosynthesis occur.

Hydrogen Ions

Protons or atoms of hydrogen that have lost their electron, thus carrying a positive electric charge.

ATP Molecules

Adenosine triphosphate molecules, which are the primary energy carrier in all living organisms, providing energy for cellular processes.