WorksheetsPIB1013 CHAPTER 1 HISTORY AND DEVELOPMENT OF BANKING
Total questions: 14
Worksheet time: 8mins
Apakah hidupan yang masa kecilnya berkaki 4, bila besar berkaki 2 kaki dan bila tua pula berkaki 3?
(a)
What year was the Straits Settlements established in Penang, Singapore, and Malacca?
1867
1875
1908
1930
When was the first Automated Teller Machine (ATM) introduced in Malaysia?
1970s
1981
1950s
1960s
What is the role of banks in mobilizing savings?
Facilitating investments
Offering financial advisory services
Encouraging savings
Providing loans
Which type of bank operates in accordance with Islamic law or Shariah?
Islamic Bank
Development Financial Institutions
Investment Bank
Commercial Bank
How do banks take responsibility for ensuring economic stabilisation?
Using monetary policy instruments
Stimulating economic activity
Encouraging savings
Providing loans
When did the computerization of banking services begin in Malaysia?
1930s
1908
1980s
1960s
What is the main function of an investment bank?
Providing loans
Facilitating investments
Offering trade finance services
Underwriting new debt and equity securities
Which financial institution is responsible for promoting economic development in specific sectors or regions?
Development Financial Institutions
Investment Bank
Islamic Bank
Commercial Bank
What is the primary function of Bank Negara Malaysia?
Providing loans
Regulatory compliance
Facilitating investments
Controlling the value of Malaysian currency
When did the tin and rubber business become a major factor in the growth of banks in Malaysia?
1867
1908
1930s
1950s
What is the economic importance of banks in promoting financial inclusion?
Ensuring broader access to financial services
Reducing unemployment rates
Stimulating economic growth
Improving living standards
What is the main responsibility of banks in credit creation?
Safeguarding assets
Offering financial advisory services
Increasing the money supply
Becoming investment agent
When did the banking halls expand in Sabah and Sarawak?
1950s
1960s
1980s
1908
