PIDM Financial Protection Quiz

What does PIDM protect financial consumers in Malaysia via?

• Mortgage and Loan Protection System (MLPS)

• Credit Card Protection System (CCPS)

• Investment and Retirement Protection System (IRPS)

• Deposit Insurance System (DIS) and Takaful and Insurance Benefits Protection System (TIPS)

How much does PIDM protect per depositor per member bank?

• Up to RM500,000

• Up to RM250,000

• Up to RM100,000

• Up to RM1,000,000

What does PIDM carry out to ensure consumers are aware of the protection systems?

• Public awareness activities

• Celebrity endorsements

• Private marketing campaigns

• Social media influencer endorsements

What does PIDM collect from member banks and insurer members annually?

• Taxes

• Premiums and levies

• Donations

• Investment returns

Where is the headquarters of PIDM located?

• Johor Bahru

• Kota Kinabalu

• Penang

• Kuala Lumpur

Where does PIDM get its funding from?

• Government grants

• Member bank contributions

• Foreign investments

• Public donations

What is the primary objective of PIDM?

• To promote financial literacy

• To protect depositors and policy owners

• To maximize profits for member banks

• To regulate the insurance industry

Where can PIDM's headquarters be found?

• Malacca

• Kuching

• Ipoh

• Kuala Lumpur

How does PIDM ensure consumers are informed about the protection systems?

• Television advertisements

• Radio commercials

• Online banners

• Public awareness activities