Banking operation (BNM)

The Malaysian financial system categorized into two major categories. Financial institution and ________________.

• Financial supply and demand

• Financial Management

• Financial Market

• Financial challenges

Example of non banking financial intermediaries

• Insurance companies

• Investment bank

• Provident and pension fund

• Cagamas Berhad

Which of the followings are not considered as regulatory bodies and policy makers?

• Commercial banks

• Ministry of Finance

• Government agencies

• Bank Negara Malaysia

Bank Negara Malaysia was established on ________

• 24 January 1959

• 23 January 1959

• 25 January 1959

• 26 January 1959

Promotes the development of effective and efficient development financial situations is state under which act?

• Islamic Financial Service Act 2011

• BAFIA 1989

• Development Financial Institutions Act 2002

• Central Bank of Malaysia Act 2009

Bank Negara Malaysia holdings international reserves in the form of ___________

• gold, foreign exchange assets and investments

• ringgit and sen

• printing of currency notes and the minting of coins

• safe custody

The objectives of the central bank are defined as_____________

• Keeper of international Reserves

• To promote monetary stability and sound financial structure.

• Banker to the bank

• Banker for currency issue