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FIN263 Chapter 4: NBFIs

Total questions: 10

Worksheet time: 50mins

Name
Class
Date
1.

Banking institutions includes this EXCEPT for _________

a)

BNM

b)

Commercial banks

c)

Investment banks

d)

insurance

2.

____________ pool risk by collecting premiums from a large group of people who want to protect themselves and/or their loved ones against a particular loss, such as a fire, car accident, illness, lawsuit, disability or death.

a)

Tabung Haji

b)

Insurance companies

c)

Socso

3.

_____________ was established as a premiere economic-based Islamic financial institution inspired with a realization to help provide investment services and opportunities while managing pilgrimage activities for the Malaysian Muslim community.

a)

EPF

b)

Socso

c)

Tabung Haji

4.

___________ is a national savings scheme, providing basic financial security for retirement

a)

Socso

b)

EPF

c)

Insurance companies

5.

For investors who seek to maximise returns on their financial resources, _________ provide an ideal way for them to gain exposure to investments that, in the long run, should produce returns superior to cash savings and fixed deposit investments.

a)

insurance companies

b)

EPF

c)

unit trust

6.

Both provident and pension funds are established for the purpose of retirement and both can be withdraw before you retire

a)

True

b)

False

7.

____________ was establish to help promote Bumiputera to participate in shares investment.

a)

Bank Rakyat

b)

Agro Bank

c)

Malaysian Industrial Development Finance

d)

Bank Pembangunan Malaysia Berhad

8.

______________ help to promote and encourage savings especially those from middle and lower income group.

a)

Commercial Banks

b)

Savings Institutions

c)

Tabung Haji

d)

KWSP

9.

___________ provide coverage for non-life business such as car insurance and house insurance.

a)

Life Insurance

b)

General Insurance

c)

Reinsurance

d)

Medical Insurance

10.

The difference between banking and non-bank financial institutions is that non-bank institutions does not receive deposits from their customers.

a)

True

b)

False