FIN367 CH1

What is the function of a bank?

• Charity

• No function

• Lending fund

• Operating financial system

Who is the client(s) of a bank?

• Money lender

• Organization

• Pet

• Tree

A bank is a financial institution that provide loan (funds) to its client.

• True

• False

The definition of a financial institution a person carrying on a financial business regulated under....

• the laws enforced by the central bank

• the laws enforced by a bank representative

• the laws enforced by insurance

• the laws enforced by the bank

Which Act is the statement stated in: “The word "Bank” unless such person is licensed under this Act to carry on banking business or investment banking business”

• Central Bank of Malaysia Act 2009

• Financial services Act 2013

• BAFIA Act 1989

• None of the above

Under bank lending business, there are several provision of financing occurs, EXCEPT

• Lending of money

• Leasing businesses

• Factoring businesses

• selling of bills of exchange, promissory notes, certificates

SME stands for Small and Maximum Enterprises

• True

• False

In the Credit Process Cycle, origination is the marketing phase of credit process cycle.

• True

• False

What are the Credit Process Cycle?

• Origination, Approval, Administration, Monitoring, Settlement

• Origination, Appraisal, Administration, Monitoring, Settlement

• Appraisal, Origination, Administration, Monitoring, Settlement

• Approval, Origination, Administration, Monitoring, Settlement

RAAC stands for?

• Risk Assets Adoption Criteria

  
  

• Risk Assets Affirmation Criteria

• Return Assets Acceptance Criteria

• Risk Assets Acceptance Criteria