FIN250: BA1193A

One of the BNM's Objective are :  to Issue currency and keep reserves safeguarding the value of the currency

• True

• False

BNM was established on _________________________

• 26 January 1959

• 26 January 1995

• 26 January 1956

• 26 January 1955

This department is responsible for monitoring and early detection of the emerging banking institution. 

• Banking Supervision department

• Payment System department

• Currency Department

• Human Resource Department

The full form of SRR is _____________

• Statutory Reserve Requirement

• Statutory Reverse Requirement

• Statutory Reserve Replacement

• Statutory Reverse Replacement

We should keep our savings with banks because

• It safe

• Earn interest

• Can withdraw anytime

• All the answers it true

Who is the present Governor of BNM?

• Datuk Muhammad Ibrahim

• Datuk Sri Anwar Ibrahim

• Tan Sri Dr Zeti Akhtar Aziz

• Tan Sri Nor Shamsiah Mohd Yunus

ATM means

• Any Times Money

• Automated Teller Machine

• Automated Transmission Machine

• None of the above

The highest denomination of currency notes issued by BNM is

• RM500

• RM 5000

• RM1000

• RM200

The main objective of BNM is to promote financial stability only.

• True

• False

Deposits placed with banks practically take the form of

• Donations from depositors to the bank

• a sale contracts with the bank

• authority to the bank to lent monies

• loans from depositors to the bank