Banking Industry Quiz

Who regulate banks in the Philippines?

• Development Bank of the Philippines

• Securities and Exchange Commission

• Banko Sentral ng Pilipinas

• Bank of Philippine Islands

Which of the following is NOT a product or service offered by banks?

• Investment

• Real Estate

• Loans

• Deposits

What is the relevance of knowing how to save?

• Traveling the world

• Avoiding debt-trap

• Starting a business

• Achieving short-term goals

What is one of the roles of banks in the economy?

• Selling clothing items

• Providing entertainment services

• Building houses

• Promoting financial inclusion

What is one of the benefits of discipline of savings among students?

• Avoiding debt-trap

• Financial instability

• Increased debt

• Decreased wealth accumulation

Which of the following is a service offered by banks?

• Hairdressing

• Car rental

• Grocery delivery

• Foreign exchange

What is one of the objectives of promoting financial inclusion?

• Limiting economic growth

• Increasing poverty rates

• Providing access to financial services for all

• Excluding people from financial services

What is one of the benefits of achieving long-term goals?

• Increased wealth accumulation

• Avoiding debt-trap

• Decreased financial independence

• Financial instability

What is one of the benefits of financial independence?

• Avoiding debt-trap

• Making your own financial choices

• Relying on others for financial decisions

• Decreased wealth accumulation

What is one of the benefits of wealth accumulation?

• Increased financial independence

• Avoiding deb-trap

• Financial instability

• Decreased savings discipline