What is the primary way banks generate revenue?

"Borrowing money at high interest rates and lending at lower rates" "Investing in real estate and earning rental income" "Providing financial advisory services to high-net-worth individuals" "Borrowing money at lower interest rates and lending at higher rates"

What is the term for the difference between the interest rate at which banks borrow money and the rate at which they lend it?

"Profit margin" "Net interest margin" "Loan spread" "Interest rate differential"

Which of these is a fee charged by banks?

"Late payment fees" "Minimum balance fees" "ATM fees" "All of the above"

Apart from lending, how else do banks generate income?

"Selling groceries" "Manufacturing goods" "Offering investment services" "Providing legal counsel"

What are interchange fees?

"Fees charged for using debit or credit cards" "Fees for exceeding the minimum account balance" "Penalties for late loan repayments" "Charges for international money transfers"

How do banks earn from foreign exchange operations?

"By issuing foreign currency bonds" "By acting as brokers in currency exchange" "By investing in foreign stock markets" "By providing travel insurance to customers"

What is a source of income for banks related to third-party products?

"Commissions from distributing mutual funds or insurance" "Profits from selling their own branded merchandise" "Royalties from licensing their software to other companies" "Dividends from investments in technology startups"

What could potentially negatively impact a bank's earnings?

"Customers consistently maintaining high account balances" "Borrowers repaying loans on time" "High interest rates on savings accounts" "Borrowers defaulting on loan repayments"