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QUIZ BLKBB-1

Total questions: 25

Worksheet time: 4mins

Name
Class
Date
1.

Anything that is generally accepted in payment for goods or services or in the repayment of debts

a)

Function of money

b)

Value of money

c)

Definition of money

d)

Characteristic of money

2.

The following are money functions, except...

a)

Store of value

b)

Unit of account

c)

Generally accepted

d)

Medium of exchange

3.

The following are the characteristics of money, except...

a)

Durability

b)

Store of value

c)

Stability

d)

Divisibility

4.

The following are examples of fiat money types, except...

a)

Coin

b)

Gold

c)

Banknote

d)

Cheque

5.

The country that have experienced hyperinflation starting in 2008 in the African continent is...

a)

Sudan

b)

Venezuela

c)

Kongo

d)

Zimbabwe

6.

Who creates and controls money?

a)

Conventional Bank

b)

Central Bank

c)

Islamic Bank

d)

Commercial Bank

7.

The three main activities of the bank, except...

a)

Applying credit

b)

Provoding banking services

c)

Channeling funds

d)

Collecting funds

8.

All institutions that carry out financial activities either directly or indirectly collecting funds from the public by issuing securities and channeling these funds to finance investments in various companies is...

a)

Islamic Bank

b)

Central Bank

c)

Non-Banking Financial Institutions

d)

Commercial Bank

9.

The Role of Non-Banking Financial Institution (NBFI), except...

a)

Helping the government in development efforts in various fields, especially in the economic and financial fields

b)

Helping encourage industrial and economic development through the capital market

c)

Helping stimulate private equity participation and expand sources of financing for business activities

d)

Helping offer loans to other banks that are considered to be very risky or near collapse

10.

The examples of NBFI types, except...

a)

Pawnshop

b)

Capital Market

c)

Islamic Bank

d)

Leasing

11.

The Federal Reserve System (The Fed) is the central bank in...

a)

Australia

b)

Canada

c)

England

d)

United States of America

12.

Bank Indonesia is a central bank in Indonesia that was founded in....

a)

June 1, 1953

b)

July 1, 1953

c)

June 1, 1959

d)

July 1, 1959

13.

Central bank in Tajikistan is...

a)

ECB

b)

RBA

c)

NBT

d)

SARB

14.

The following are the main roles of central banks, except...

a)

Control Money Supply in the economy

b)

Printing the money

c)

Regulate the Commercial Banks and Financial Institutions

d)

Changing Reserve Requirements

15.

The three tools used by central banks in controlling money supply, except...

a)

Changing Reserve Requirements

b)

Making Loans

c)

Changing the Discount Rate

d)

Open Market Operations

16.

The following are central bank's efforts to decrease the money supply, except...

a)

Sells the government bonds to the public

b)

Increase the Bank's RR

c)

Increase the discount rate

d)

Decrease the discount rate

17.

The central bank offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse. The role of the central bank is commonly referred to as...

a)

The main function of Central Bank

b)

The lender of last resort

c)

The main role of Central Bank

d)

The responsibility of Central Bank

18.

An Indonesian government agency which regulates and supervises the financial services sector is...

a)

Non-Banking Financial Institutions

b)

Central Bank

c)

Commercial Bank

d)

Financial Services Authority of Indonesia

19.

Financial Services Authority of Indonesia (OJK) was established in 2011 in Indonesia to replace the role of...

a)

Capital Market and Financial Institution Supervisory Agency

b)

Capital Market

c)

Money market

d)

Financial Institutions

20.

Banks registered with OJK, except...

a)

Bank Negara Indonesia (BNI)

b)

Bank Mega

c)

Bank Panin Syariah

d)

Bank DBS Syariah

21.

The functions of OJK, except...

a)

Are able to create a financial system which grows continuously and in a stable manner

b)

Investigates financial crimes

c)

Working in ordered, fair, transparent, and accountable manners

d)

Offering loans to banks or other eligible institutions

22.

A bank financial institutions that carry out business activities conventionally or based on Sharia Principles which in their activities do not provide services in payment traffic is the definition of...

a)

Central Bank

b)

Commercial Bank

c)

Sharia Bank

d)

Rural Bank

23.

Types of loans, except...

a)

Motor vehicle

b)

House

c)

Consumption

d)

Capital

24.

Things that can only be done by BPR customers, except...

a)

Doing transactions between BPRs and other banks

b)

Doing transactions only between BPRs

c)

Saving or deposit their money

d)

Applying for trade credit

25.

The advantages of BPR, except...

a)

The type of collateral required is not difficult

b)

Serving Small and Medium Business

c)

Serving banking services related to other banks

d)

Quick and easy fund disbursement