Which of the Following Is Considered a Fringe Bank

question 68

Multiple Choice

Which of the following is considered a fringe bank?

• A)Community Bank
• B)Wholesale Bank
• C)Merchant Bank
• D)Payday Lender
• E)None of the options are correct.

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Definitions:

Alzheimer's Disease

A progressive neurological disorder characterized by memory loss, cognitive decline, and personality changes, leading to the inability to perform daily activities.

Dementia

A broad category of brain diseases that cause a long-term and often gradual decrease in the ability to think and remember, significantly affecting a person's daily functioning.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, often involving delusions and hallucinations.

Long-Term Memory

A type of memory capable of storing information for an extended period, sometimes indefinitely, including facts, experiences, and skills.