Bank Negara Malaysia (BNM) Quiz

What is one of the principal objectives of BNM?

• To manage private banks

• To promote financial instability

• To issue bonds for the government

• To promote monetary stability

Which act governs the establishment of BNM?

• Development Financial Institutions Act 2002

• Islamic Financial Services Act 2013

• Central Bank of Malaysia Act 2009

• Financial Services Act 2013

What is one function of BNM regarding currency?

• To regulate stock markets

• To issue currency in Malaysia

• To control foreign banks

• To manage private investments

Which of the following is a quantitative measure of monetary policy?

• Selected Credit Control

• Base Rate

• Moral Suasion

• Liquidity Requirement

What does BNM do to promote financial stability?

• Limit the issuance of currency

• Regulate and supervise licensed financial institutions

• Encourage high-risk investments

• Control the stock market

What is the purpose of the Statutory Reserve Requirement (SRR)?

• To control inflation directly

• To increase lending activity

• To manage liquidity in the banking system

• To issue government bonds

Which of the following is NOT a source of funds for BNM?

• Deposits with other financial institutions

• Gold & Forex reserves

• Demand deposit

• Borrowings

What is the role of BNM in the payment system?

• To regulate stock trading

• To manage personal bank accounts

• To ensure safety and reliability of payment systems

• To issue credit cards

What does BNM use to influence the liquidity situation?

• Public opinion

• Government policies

• Moral Suasion

• Monetary policy operations

Which of the following is a qualitative measure of monetary policy?

• Statutory Reserve Requirement

• Base Rate

• Money Market Operations

• Liquidity Requirement