Multiple choice

There is no difference between universal banking and global banking.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Universal banking refers to banks providing all types of financial services (commercial, investment, insurance) under one roof. Global banking refers to banking operations across multiple countries. These are distinct concepts - one is about service breadth, the other about geographical reach. The statement incorrectly claims they are the same.

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