Banking institutions includes this EXCEPT for _________

• BNM

• Commercial banks

• Investment banks

• insurance

____________ pool risk by collecting premiums from a large group of people who want to protect themselves and/or their loved ones against a particular loss, such as a fire, car accident, illness, lawsuit, disability or death.

• Tabung Haji

• Insurance companies

• Socso

_____________ was established as a premiere economic-based Islamic financial institution inspired with a realization to help provide investment services and opportunities while managing pilgrimage activities for the Malaysian Muslim community.

• EPF

• Socso

• Tabung Haji

___________ is a national savings scheme, providing basic financial security for retirement

• Socso

• EPF

• Insurance companies

For investors who seek to maximise returns on their financial resources, _________ provide an ideal way for them to gain exposure to investments that, in the long run, should produce returns superior to cash savings and fixed deposit investments.

• insurance companies

• EPF

• unit trust

Both provident and pension funds are established for the purpose of retirement and both can be withdraw before you retire

• True

• False

____________ was establish to help promote Bumiputera to participate in shares investment.

• Bank Rakyat

• Agro Bank

• Malaysian Industrial Development Finance

• Bank Pembangunan Malaysia Berhad

______________ help to promote and encourage savings especially those from middle and lower income group.

• Commercial Banks

• Savings Institutions

• Tabung Haji

• KWSP

___________ provide coverage for non-life business such as car insurance and house insurance.

• Life Insurance

• General Insurance

• Reinsurance

• Medical Insurance

The difference between banking and non-bank financial institutions is that non-bank institutions does not receive deposits from their customers.

• True

• False