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Which of the following is not characteristic of the Credit Cards? Multiple Choice If bill is not paid then interest is charged The Credit cards holders pay the credit card company a commission on every sale made via credit cards O Consumer can obtains free credit if bill is paid on time Credit cards provide holders with pre-arranged credit limit Deregulation can lead to: Multiple Choice Improve performance, Prevention of banking crises and decreased risk of banking business O Improve performance, price reductions and decreased risk of banking business Improve performance, price reductions and Prevention of banking crises Improve performance, price reductions and consolidation Main forces that generated change in the banking sector or Current Issues in Banking include: Multiple Choice Deregulation, Supervisory Re-regulation, Competition and Financial Innovation Deregulation, Supervisory Re-regulation, Conglomeration and Globalization O Deregulation, Supervisory Re-regulation, Mergers & Acquisitions and Competition Deregulation, Supervisory Re-regulation. Competition and Globalization What are the reasons for Mergers & Acquisitions Check All That Apply Economies of scale Eliminating inefficiencies Market power Deregulation