WorksheetsCHAPTER 1
Total questions: 25
Worksheet time: 25mins
The Malaysian financial system is structured into two major categories, Financial Institutions and ___________
Financial Supply & Demand
Financial Management
Financial Market
Financial Challenges
Which of the followings are not considered as regulatory bodies and policy makers?
Bank Negara Malaysia
Islamic Bank
Ministry of Finance
Government agencies
Examples of non-banking financial intermediaries
Discount house
Bank Islam
BNM
Takaful
‘Straits Settlements’ were established by standalone British colony in
Penang , Kuala Lumpur & Malacca.
Penang , Singapore & Malacca.
Langkawi , Singapore & Malacca.
Penang , Singapore & Johor.
Malaysia’s first and oldest bank is
Standard Chartered
HSBC
Maybank
CIMB
The growth of local and foreign bank due to.....
Chinese immigrant population
British colony
Indian immigrant population
Orang asli
Bank Negara Malaysia was established on ________
26 January 1959
24 January 1959
25 January 1959
23 January 1959
Sets out the regulatory framework for Malaysia's Islamic financial sector
Islamic Financial Service Act 2013
Islamic Financial Service Act 2011
Islamic Financial Service Act 2012
Islamic Financial Service Act 2010
The main purpose of the Bank Negara Malaysia is to
invest in property
grant loans
print money
accept deposit from public
What is the meaning of Riba
Uncertainty
Ownership
Gambling
Exploitation
Are Islamic banking products for Muslims only
For Muslims and those non-Muslims who are allowed by Shariah scholars
yes
no
For muslims and those who convert to muslims
Identify Islamic Bank from the list below
CIMB Bank
Tabung Haji
RHB Bank
Bank Islam Berhad
what is the first islamic financial institution in malaysia
tabung haji
takaful ikhlas
bank islam
bank rakyat
Gharar means uncertainty.
True
False
Used to withdraw cash or make deposits.
Debit card
ATM
PIN
Check register
A legal document that functions like cash.
Check
Deposit slip
ATM
PIN
Money put into an account.
Deposit
Withdraw
E-banking allows 24 hour access to bank accounts.
True
False
monthly BANK report that states your transactions and balance
WALL STREET JOURNAL
SCHOOL STAEMENT
BANK STATEMENT
CHECKING REPORT
What is the role of the central bank?
Opening debit card
Control OPR
Lending money to individuals
All of the above options are correct
Money that your bank account earns
Balance
Savings
Checking
Interest
Some bank accounts offer this as a way to allow customers to complete some financial transactions electronically via the internet.
Debit Card
Online Access
Direct Deposit
Checking Account
Loan is a lending of money that borrowers pay the bank interest (high amount) for money needed, allowing bank to make a profit.
True
False
You can deposit a check and get cash back at an ATM.
True
False
ATM stands for:
automated teller machine
automated talking machine
automated taker of money
amazing taco maker
