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FM 1

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Financial Education

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FM 1
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

DEFINITION OF NON-BANKING INTERMEDIARIES?

Non- Banking Intermediaries are such institution as savings and loan associations, life insurance companies , benefits funds , common trust funds, pension funds and government lending agencies.

Non- Banking Intermediaries are institution savings and loan associations only.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

LIST ONE (1) TYPES AND FUNCTION OF NON-FINANCIAL INTERMEDIARIES.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In countries like India, the EPF is a mandatory savings scheme where employees and employers contribute a specific percentage of the employee's salary to the fund.

TRUE OR FALSE?

FALSE

TRUE

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Examples of non-banking intermediaries.

KWSP

BONDS

PENSION

INSURANCE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of types and function of non-banking intermediaries.

Provident and pension funds

Savings and loan associations

Common trust funds

All the above

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