Apakah hidupan yang masa kecilnya berkaki 4, bila besar berkaki 2 kaki dan bila tua pula berkaki 3?

What year was the Straits Settlements established in Penang, Singapore, and Malacca?

• 1867

• 1875

• 1908

• 1930

Answer explanation

The correct year when the Straits Settlements were established in Penang, Singapore, and Malacca is 1867.

When was the first Automated Teller Machine (ATM) introduced in Malaysia?

• 1970s

• 1981

• 1950s

• 1960s

Answer explanation

The first Automated Teller Machine (ATM) was introduced in Malaysia in 1981, making it the correct choice.

What is the role of banks in mobilizing savings?

• Facilitating investments

• Offering financial advisory services

• Encouraging savings

• Providing loans

Answer explanation

Banks play a role in mobilizing savings by encouraging individuals to save their money, which can then be used for investments and providing loans to others.

Which type of bank operates in accordance with Islamic law or Shariah?

• Islamic Bank

• Development Financial Institutions

• Investment Bank

• Commercial Bank

Answer explanation

Islamic Bank operates in accordance with Islamic law or Shariah, making it the correct choice.

How do banks take responsibility for ensuring economic stabilisation?

• Using monetary policy instruments

• Stimulating economic activity

• Encouraging savings

• Providing loans

Answer explanation

Banks take responsibility for ensuring economic stabilization by using monetary policy instruments, which can influence interest rates and money supply to regulate economic activity.

When did the computerization of banking services begin in Malaysia?

• 1930s

• 1908

• 1980s

• 1960s

Answer explanation

The computerization of banking services began in Malaysia in the 1960s, making this the correct choice.

What is the main function of an investment bank?

• Providing loans

• Facilitating investments

• Offering trade finance services

• Underwriting new debt and equity securities

Answer explanation

The main function of an investment bank is underwriting new debt and equity securities, which involves helping companies issue new stocks or bonds to raise capital.

Which financial institution is responsible for promoting economic development in specific sectors or regions?

• Development Financial Institutions

• Investment Bank

• Islamic Bank

• Commercial Bank

Answer explanation

Development Financial Institutions are responsible for promoting economic development in specific sectors or regions by providing financial support and resources tailored to the needs of those sectors or regions. Example: Agro Bank and SME Bank.

What is the primary function of Bank Negara Malaysia?

• Providing loans

• Regulatory compliance

• Facilitating investments

• Controlling the value of Malaysian currency

Answer explanation

The primary function of Bank Negara Malaysia is controlling the value of Malaysian currency.