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Trivia Finance (Level 1)

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

___________ to commit money to gain a profit or earn interest.

a)

Stocks

b)

Invest

c)

Banking

d)

Bonds

2.

Bank Negara Malaysia was established on  __________ .

a)

26 January 1959

b)

25 January 1959

c)

24 January 1959

d)

23 January 1959

3.

The Malaysian financial system is structured into two major categories, Financial institutions and __________ .

 

a)

Financial Supply & Demand

b)

Financial Market

c)

Financial Management

d)

Financial Challenges

4.

What is the full form of KWSP?

a)

Kumpulan Wang Simpan Pekerja

b)

Kumpulan Wang Simpanan Pekerjaan

c)

Kumpulan Wang Simpanan Perkerja

d)

Kumpulan Wang Simpanan Pekerja

5.

What does AKPK stands for ?

a)

Agensi Kredit dan Pengurusan Kewangan

b)

Agensi Kaunseling dan Pengurusan Kewangan

c)

Agensi Kewangan dan Pengurusan Kredit

d)

Agensi Kaunseling dan Pengurusan Kredit 

6.

Which one is the First Takaful Operator established officially in Malaysia?

a)

Syarikat Takaful Berhad

b)

Takaful Nasional Sendiri Berhad

c)

Syarikat Takaful Malaysia Berhad

d)

Mayban Takaful Berhad

7.

Which country was the first one use printed paper currency in the world?

a)

India

b)

China

c)

Germany

d)

Malaysia

8.

Who regulated the unit trusts?

a)

Bank Negara Malaysia

b)

Malaysia Derivatives Exchange

c)

Malaysian Central Depository

d)

Securities Commission Malaysia

9.

When unit trust was established?

a)

1965

b)

1957

c)

1959

d)

1991

10.

Is unit trust a mutual fund?

a)

Incorporated

b)

corporate

c)

unincorporated

d)

no corporate

11.

What percentage of one’s eligible wealth is paid as Zakat ?

a)

1.5%

b)

2.25%

c)

2.50%

d)

3%

12.

There are ______ types of Zakat

a)

1

b)

4

c)

3

d)

2

13.

What is the definition of Debt? 

a)

the state of owing something from one party to another

b)

lending 

c)

financing

d)

rights to certain amount of money

14.

Example of things that are not worth to debt:

a)

Education

b)

Property

c)

Clothes and consumables 

d)

Borrowing to invest

15.

Which of the following are not capital market instruments?

a)

Commercial paper

b)

Corporate bonds

c)

Stocks

d)

Mortgage

16.

Call option is the right to ___________ .

a)

Buy

b)

Sell

c)

Hold

d)

Put

17.

SAC stand for ___________ .

a)

Shariah Alert Council

b)

Shariah Advance Council

c)

Shariah Advocate Council

d)

Shariah Advisory Council

18.

Malaysia Financial regulators are BNM and ___________ .

a)

Securities code

b)

Securities guard

c)

Securities commission

d)

Securities

19.

The enforcement of Central Bank of Malaysia Act in year ___________ .

a)

1985

b)

2009

c)

2000

d)

1996

20.

Example of non – banking financial intermediaries:

a)

Pusat Zakat

b)

Tabung Haji

c)

Insurance companies

d)

Investment Banks

21.

What is not the type of unit trust funds?

a)

Equity Funds

b)

Index Funds

c)

Sole proprietor

d)

Fixed income funds

22.

Which of the following are NOT taken into consideration when calculating one’s Zakat ?

a)

Gold and Silver

b)

Shares and investment certificates 

c)

One’s own house and car

d)

Money lent to others

23.

What risk is faced by financial institutions ?

a)

Normal risk

b)

Credit risk

c)

Higher market risk

d)

No risk faced

24.

Hedging strategy is ___________ .

a)

remove losses

b)

help reduce risk

c)

help make excess profit

d)

is indepents of risk

25.

What role does insurance play in finance planning?

a)

It guarantees that income and assets are protected

b)

It helps cover day-to-day expenses

c)

It helps build and maintain one's credit score

d)

It grows in value and appreciates over time

26.

Which of the followings are not considered as regulatory bodies and policy makers ?

a)

Bank Negara Malaysia

b)

Ministry of Finance

c)

Commercial banks

d)

Government agencies

27.

How long will it take to double your savings if you earn 6.8 percent interest, compounded annually?

a)

12 years

b)

10 years

c)

11.5 years

d)

10.5 years

28.

If one has _____ cows, he should pay Zakat.

a)

40 to 50

b)

30 to 40

c)

10 to 20

d)

20 to 30

29.

What are the 4 categories of debt?

a)

Credit card, personal loan, overdue bills, medical bills

b)

Unpaid taxes, business debt, student loans, government loans

c)

Secured, unsecured, revolving, installment

d)

A and B

30.

Members registered under i-Saraan Voluntary Contribution will receive a contribution from the government of 15% or a maximum of RM….per year ?

 

a)

RM200

b)

RM400

c)

RM250

d)

RM350