What currency is accepted in Singapore under the currency interchangeability agreement

MAS Gallery JMLB

Quiz
•
Financial Education
•
12th Grade
•
Hard

Joshua Khoo
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brunei Dollar
Malaysian Ringgit
Thai Baht
USD
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the first series of notes in Singapore
The Lavender series
The Orchid series
The Rose series
The portrait series
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does price stability support economic growth?
By promoting hyperinflation
By discouraging savings
By promoting a low and stable inflation
By encouraging investment and long term planning
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What objectives does MAS have in mind in managing the Official Foreign Reserves?
Liquidity - To ensure that sufficient liquid assets are available in time
To spend on cohesion events
To achieve Long term investment returns
To achieve short term investment returns
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often do you engage your bilateral and international counterparts?
Once a month
All year round
Every quarter
Every week
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The FEAT principles are legally binding
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the recommended size for an emergency fund
Enough to cover your expenses for 3 months
Enough to cover your expenses for 6 months
Enough to cover your expenses for 1 year
Enough to cover your expenses for 5 years
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does MAS conduct stress tests of financial institutions (FIs)?
To assess the health of the financial system as a whole
To assess the health of individual financial institutions
All of the above
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the largest note still in circulation
$100
$1000
$10000
$100000
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