wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

MPU2183U3

Total questions: 20

Worksheet time: 15mins

Name
Class
Date
1.

A financial market is a place where buying and selling financial products takes places. Which of the following is not considered as financial market

a)

Derivative market

b)

Exchange market

c)

Offshore market

d)

Money market

2.

Which of the following is not considered as money market instrument?

a)

Initial Public Offering (IPO)

b)

Negotiable Certificate of Deposit (NCD)

c)

Treasury Bill

d)

Banker's Acceptance

3.

Which of the following best describe sole proprietorship form of business.

a)

Owner is personally liable for all claims on the business and all income split between the partners..

b)

It is complicated to run and organize the business because there is only one owner.

c)

A separate legal entity whose income is taxed separately.

d)

Owner is personally liable for all claims on the business and all income reported as personal income.

4.

What is the advantage of a corporation?

a)

Simple and easy to set up the business.

b)

Double taxation.

c)

Limited liability.

d)

Less documentation.

5.

the objective of Central bank is

a)

Create wealth of the citizens

b)

Risk protection

c)

To promote the saving account.

d)

To promote financial system stability.

6.

Below are the administered legislation of BNM, except:

a)

Financial Service Act 2013

b)

Development Financial Institutions Act 2013

c)

Islamic Financial Services Act 2013

d)

Central Bank of Malaysia Act 2009

7.

Which of the following is considered as commercial bank in Malaysia

a)

Employment Provident Fund (EPF)

b)

Amanah Saham Berhad (ASB)

c)

Hong Leong Bank

d)

MBSB Bank

8.

The structure of Malaysian Financial System constitutes of the following, except:

a)

Securities

b)

Bond Market

c)

Financial Market

d)

Financial Intermediaries

9.

In direct finance, borrowers borrow funds directly from lenders by ______________.

a)

Selling households

b)

Offering loans.

c)

Selling securities.

d)

Open a saving account.

10.

Which of the following statement is true.

a)

A primary market is a financial market in which securities that have been previously issued can be resold.

b)

A primary market is a financial market in which a new securities are sold to initial buyers.

c)

A secondary market is a financial market in which a new securities are sold to initial buyers.

d)

A secondary market is a financial market in which a newly securities that have been previously issued can be resold.

11.

As an anniversary present to your wife, you are planning to give her RM100,000 at the end of year 4. How much should you set aside today in an account that can earn 8% rate of return to accumulate that amount.

a)

RM8,638

b)

RM12,838

c)

RM7,986

d)

RM12,389

12.

Natalie establishes a seven year, 8 percent loan with a bank requiring annual end of-year payments of RM960.43. Calculate the original principal amount.

a)

RM5060

b)

RM6453

c)

RM6496

d)

RM5000

13.

Maslina would like to have RM10,000 in her account for her apartment down payment three years from now. She would like to save equal annual end-of-year deposits to achieve her dream. How much additional amount should, she deposits at the end of each year in an account paying 8 percent interest for the downpayment.

a)

RM3484

b)

RM3082

c)

RM3080

d)

RM3246

14.

Annual deposit of RM12,000 are made at the end of each year into retirement savings fund for the next 20 years. During this period, a 6% per annum interest will be earned on deposits. Calculate the accumulated amount at the end of 20th years.

a)

RM506327

b)

RM441432

c)

RM432443

d)

RM456123

15.

How much can be accumulated at the end of 5 years in an account that pays 7% per annum if an equal deposit of RM1,500 is made for each year.

a)

RM8662

b)

RM8626

c)

RM8262

d)

RM8266

16.

Dahlia and Ahmad are newlyweds and have just purchased an apartment for $70,000. Since the condominium is ver small, they hope to move to single house in 5 years. How much will their condominium worth in 5 years if the inflation is expected to be 8 percent.

a)

RM102851

b)

RM108251

c)

RM101815

d)

RM108215

17.

Lumberger Corporation is preparing a five-year plan. Today, sales are RM1,000,000. If the growth rate in sales is projected to be 10 percent over the next five years, what will be the ringgit amount of sales in year five?

a)

RM1650100

b)

RM1650010

c)

RM1610500

d)

RM1610501

18.

How much you will deposit today of RM5,000 to be received in 7 years at an interest rate of 7 percent.

a)

RM3112

b)

RM3114

c)

RM3211

d)

RM3121

19.

How much will you have in your account at the end of 10 years if you deposit RM5,000 today? The account pays 8% per annum.

a)

RM10795

b)

RM10790

c)

RM10759

d)

RM10975

20.

Maryam has deposited RM33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of RM65,000, what recommendation would you make to Maryam?

a)

RM64307, find another better plan

b)

RM67607, proceed with the plan

c)

RM66307, proceed with the plan

d)

RM64607, find another better plan