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WorksheetsPRS Quiz for MTC 2019
Total questions: 16
Worksheet time: 8mins
Only Malaysian can open PRS account.
TRUE
FALSE
Which one below is the possible solution to increase retirement savings?
Develop a voluntary retirement scheme
Reduce the mandatory contribution (EPF)
Reduce the minimum wage
Who is the PRS Administrator?
Securities Commission (SC)
Private Pension Administrator (PPA)
Principal Malaysia
CWA
PRS Members will be given a lifetime PPA account upon PRS sign up.
TRUE
FALSE
Members who have contributed to the PRS for the first time are given Cooling-off right for how long?
not less than 6 business days
not less than 16 business days
not less than 10 business days
Eligible age to open PRS account is?
18 years old and above
21 years old and above
PRS has no fixed amounts nor fixed intervals for making the contributions.
TRUE
FALSE
How much is the Tax Relief for PRS investment?
Up to RM 6,000 per annum
Up to RM 3,000 per annum
Up to RM 7,000 per annum
Members are allowed to withdraw from Sub-acc A before 55 years old.
TRUE
FALSE
Which action is NOT taken if PRS Consultant have breached Code of Conduct?
Reprimand
Fine
Jail
How much is the Sales Charge for PRS Plus funds under Class A?
3%
1.5%
1.8%
0%
How much is the PPA annual transaction fee?
(which is not to be imposed if there is no transaction in PRS account for the year)
RM10
RM80
RM8
RM18
Which fund has the lowest risk?
Equity Fund
Balance Fund
Bond Fund
CIMB-Principal PRS Plus Asia Pacific Ex-Japan fund invests into which fund?
Total Return Bond Fund 10
CIMB-Principal Global Titan Fund
CIMB-Principal Asia Pacific Dynamic Income Fund
CIMB Islamic DALI Equity Fund
How much is the charge for Nomination?
RM25
RM10
Free of Charge
How much the the Personal Sales Commission for PRS Plus funds under Class A?
3%
1.5%
1.8%
0%
