fin263-chapter 1

Since the Bank Negara 's inception in.............there has been eight Governors.

The 9th and current Governor of the Central Bank of Malaysia is Nor Shamsiah Mohd Yunus, who took over from Muhammad Ibrahim on 1 July 2018.

•  Tan Sri Nor Samsiah Mohd Junus

• Datuk Nor Shamsiah Mohd Yunus

• Datuk Siti Shamsiah Mohd Yunus

• Datuk Seri Shamsiah Mohd Yunus

Which of the following are the functions of the Bank Negara as the BANKER AND FINANCIAL ADVISER to the government?

• Management of the national debt

• Management of government accounts

• Source of funds to government

• Induce a voluntary response from the financial system to its policy plans.

"Done through rediscounting of eligible bills, government securities, trade bills and commercial papers with BNM by licensed institutions."

Which of the following refer to the above statement regarding the functions of Bank Negara as the banker to the bank?

• Inspection and investigation of banks and non-bank

• Banking relationship

• Currency distribution

• Lender of last resort

In practice, the Ringgit is to be fully backed by .............

The Central Banks of Malaysia commenced to issue its own currency on ........... replacing the Currency Board.

• 1967

• 1964

• 1966

• 1968

Which of the following is NOT the objectives of Bank Negara Malaysia?

• Banker for currency issue

• Banker and financial consultant to the government

• Agency responsible for government policy

• Banker to the commercial banks

Which of the following was not the quantitative measure of the function of Bank Negara as the agency responsible for monetary policy?

• Statutary reserve requirement (SRR)

• Discount Operations

• Moral Suasion

• Money Market operation

Below is not the function of Bank Negara as the banker to the bank except:

• Lender of the last resort

• Minimum Liquidity Requirement

• Selected credit control

• Keeper of International Reserve

Below are the Bank Negara uses except;

• loan activities

• placement with discount houses

• Banker acceptance

• amount die from the financial institution