Bitbunny June 17th Quiz Answer is 'Bad Bank'! Check Today's Quiz Right Away and Get 100 Coins (Economic Term Explanation)
Start your energetic Tuesday, June 17th, by engaging in App Tech and gaining new economic knowledge with Bitbunny's 'Today's Quiz'! We promptly deliver the answer to today's quiz from the popular app 'Bitbunny', which allows you to earn both health and rewards just by walking every day. Today's quiz is about 'Bad Bank', an important financial term. Solve the quiz, get 100 coins, and also gain essential economic knowledge!
Bitbunny June 17th Today's Quiz Answer Revealed
Check the Bitbunny quiz question and answer posed today right now!
Quiz Question:
"It is a specialized institution that acquires and resolves non-performing assets. A bank that separates non-performing loans from good loans of financial institutions and disposes of or recovers them is called OOOO."
Answer:
배드뱅크 (Bad Bank)
Those who get the answer right can earn up to 100C (Coins) as a reward. Accumulated reward points can be usefully exchanged for Naver Pay points, cultural gift certificates, and various e-gifticons through the 'Bunny Store'.
What Does Today's Answer, 'Bad Bank', Mean?
Today's quiz answer, 'Bad Bank', is an important concept that often appears in financial crises or economic news.
Although it might be misunderstood as a 'bad bank' due to its name, it actually plays an essential role in stabilizing the financial system. Simply put, a Bad Bank is a special institution established to acquire and professionally handle only the non-performing assets (Bad Assets, e.g., loan receivables that are difficult to recover) of financial institutions.
- Role of a Bad Bank:
- Existing banks (Good Banks) transfer non-performing assets to the Bad Bank, thereby restoring their financial soundness and being able to refocus on their core business such as lending.
- The Bad Bank takes over the non-performing assets and performs the role of maximizing asset recovery, such as selling or restructuring the assets over time.
In South Korea, the Korea Asset Management Corporation (KAMCO) is a representative example that performed this Bad Bank role during the Asian financial crisis and other financial crises.
Health and Assets Together: How to Use App Tech 'Bitbunny'
Bitbunny is a useful App Tech platform where you can earn rewards in various ways besides quizzes.
- Pedometer Function: This is the core function that accumulates reward points just by walking. You can enjoy the double benefit of taking care of your health and earning money.
- Bunny Store: It provides a cashback service that returns a portion of the amount spent by users on shopping as points. You can accumulate points when purchasing from various online shopping malls and travel-related sites like Gmarket, 11st, and Yanolja.
- Various Missions: You can consistently accumulate points through daily attendance checks and missions from affiliated companies.
Participate in Today's Quiz and Gain New Economic Knowledge!
We hope that today's Bitbunny quiz answer information was helpful for your App Tech activities. Along with the small joy of earning points through the quiz, we hope you had a useful time learning about the important economic term 'Bad Bank'.
- Did you easily get today's Bitbunny quiz answer, 'Bad Bank', right?
- Isn't it interesting to learn new economic terms through quizzes? We're curious if you've heard of the concept of a 'Bad Bank' before.
- If you know of any useful apps other than Bitbunny that allow you to gain knowledge and earn rewards by participating daily, please recommend them in the comments!
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