Question

question 1 of 10
which of the following is a service that banks provide?

a. printing money

b. insuring valuables

c. appraising valuables

d. storing valuables

Explanation:

• Option A: Printing money is done by central banks (like the Federal Reserve in the US), not commercial banks.
• Option B: Insuring valuables is a service provided by insurance companies, not banks.
• Option C: Appraising valuables is typically done by appraisers or specialized institutions, not banks.
• Option D: Banks do provide safe - deposit boxes or other means to store customers' valuables, so this is a service banks provide.

Answer:

D. Storing valuables