Financial Institutions Quiz Test your knowledge about different types of financial institutions and their functions with this quiz containing 12 questions. ghostman published on April 21 Stacked 1/12 Which financial institution offers services to individual customers such as savings accounts and mortgages? Commercial bank Investment bank Credit union Hedge fund 2/12 What type of financial institution specializes in underwriting securities offerings and providing financial advice? Investment bank Retail bank Credit union Mutual fund 3/12 Which financial institution is owned and operated by its members who share a common bond, such as working for the same employer? Credit union Commercial bank Investment bank Private equity firm 4/12 What type of financial institution pools money from investors to purchase a diversified portfolio of stocks, bonds, or other securities? Mutual fund Venture capital fund Commercial bank Insurance company 5/12 Which financial institution provides insurance coverage for individuals and businesses against various risks? Insurance company Hedge fund Credit union Private equity firm 6/12 What type of financial institution focuses on making investments in privately-held companies or startups? Venture capital fund Mutual fund Commercial bank Investment bank 7/12 Which financial institution raises capital from high-net-worth individuals and institutions to invest in various financial assets? Hedge fund Retail bank Credit union Insurance company 8/12 What type of financial institution offers short-term loans and financing to businesses and governments? Commercial bank Mutual fund Investment bank Private equity firm 9/12 Which financial institution invests in publicly-traded companies with the goal of generating profit for its shareholders? Private equity firm Hedge fund Mutual fund Venture capital fund 10/12 What type of financial institution offers trade financing, foreign exchange services, and investment banking assistance to corporations? Investment bank Commercial bank Retail bank Mutual fund 11/12 Which financial institution specializes in acquiring equity ownership in private companies or restructuring struggling businesses? Private equity firm Insurance company Venture capital fund Hedge fund 12/12 What type of financial institution provides a range of financial services to individuals, businesses, and governments? Retail bank Credit union Commercial bank Mutual fund