NBFIs supplement banks in providing financial services to individuals and firms and can provide competition for banks in the provision of these services.

Non-bank financial institutions are not regulated by Bangko Sentral ng Pilipinas.

There is a Manual of Regulations for Non-bank Financial Institutions in the Philippines.

SSS and GSIS are private-owned non-bank financial institutions.

____________ 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.

____________ support a large number of activities, ranging from providing the basics to startup capital for small business entrepreneurs and educational programs that teach the principles of investing.

____________is a shop or business that loans money to people who bring in valuable items which they leave with the broker..

____________is a type of investment company that manages venture capital funds and makes the capital from those funds available to startups.

____________is a business that allows someone to exchange one country's currency for another by executing buy and sell transactions.

A formal request to an insurance company asking for a payment when the policyholder has an accident, illness or injury

What role does insurance play in financial planning?

What information is typically listed on an insurance policy?

Who is the creator of the first pawnshop in the country?

Among the listed items, what cannot be pawned? 

Among the listed items, what is the service that pawnshops are not authorized to execute?

What is the minimum paid-in capital for starting a pawnshop business?

It refers to the amount required by the pawnbroker to be paid by the pawner in consideration for the handling of the loan transaction and the cancellation upon full payment of the same or upon redemption of the pawn.

It contains entries of auctioned pawned articles duly signed by the auctioneer or notary public under oath shall be maintained by the pawnshop.

What is the maximum number of days to pay back the collateral pawn loan to redeem it?

Which of these facts about venture capitalists is NOT true?

A private and for-profit organizations that provide funds to new business ventures by way of purchasing equity positions in new or young businesses believed to have potentials to produce maximum returns within short period of time.

Venture capitalist is an example of which type of finance?

_________ is used in financing the expansion of the business in areas such as launching into foreign markets or creating new product lines.

_________ is used in financing the expenses associated with marketing and product development

_________ is used in providing low level financing needed to prove a new idea.

Which is not a feature of venture capitalist?

___________is defined as a provision of financial services that's available to low-income people.

What is the criterion for lending money that talks about giving a property or important thing before you can borrow money from the bank and if you failed to return the money the bank will take that property?

Microfinance loans are small loans granted to the poor and low-income households for their microenterprise and small businesses to enable them to raise their ____________.

Microfinance is also called as ____________

Small startups often struggle to obtain loans from banks because they lack valuable _____.

A loan that doesn't require any type of collateral

An independent, locally-owned bank. It operates exclusively in and derive its funds from the community in which it is based.

An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise

Microfinance is a powerful instrument against

Currency exchange can take place in all of the following EXCEPT

A foreign exchange rate ___.

What is the national currency of China?

What is the national currency of South Korea?

What is the national currency of United Kingdom?

What is the national currency of Japan?

What is the most used currency in forex market?

What is the common currency of 20 member states of the European Union?

Which of the following is NOT a currency exchange center?

Before you exchange money, you must sign a……………..…