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WorksheetsGlobal Finance Long Test
Total questions: 15
Worksheet time: 20mins
The primary role of central banks in global finance is to:
Print and distribute credit cards
Control inflation and stabilize the currency
Offer personal loans
Organize stock trading events
Which of the following is a key factor that drives foreign investment in emerging markets like the Philippines?
High labor costs
Political instability
Growth potential and market opportunities
Strict banking regulations
A common risk that businesses face in international finance due to fluctuating exchange rates is known as:
Inflation risk
Foreign exchange risk
Interest rate risk
Market Risk
Which of these is a benefit of mobile banking?
Higher transaction fees
Only available during business hours
24/7 access to financial services
Requires a desktop computer
The technology that powers most cryptocurrencies, ensuring secure and decentralized transactions, is called:
Artificial Intelligence
Blockchain
QR Code
Cloud Computing
Which of the following best describes "decentralized finance" (DeFi)?
Financial services controlled by central banks
Financial services that operate without intermediaries through blockchain technology
A type of bank lending used only in developing countries
Digital banking services offered by traditional banks
Which regulatory body in the Philippines oversees the promotion of digital finance and electronic banking?
SEC
BIR
DOF
BSP
Which of the following is a key focus of sustainable finance?
Maximizing short-term profits
Considering environmental, social, and governance (ESG) factors in investments
Only investing in tech companies
Ensuring bank mergers and acquisitions
What is a primary advantage of mobile banking in the Philippines?
It reduces competition in the banking sector.
It is accessible to more people due to widespread smartphone usage.
It decreases transparency in transactions.
It increases the costs of financial transactions.
What is the primary purpose of Basel III regulations in global finance?
To deregulate financial markets
To encourage cryptocurrency adoption
To strengthen banks’ capital requirements and manage risk
To promote trade between emerging markets
Bitcoin is a central bank digital currency (CBDC) controlled by the government.
TRUE
FALSE
Fintech companies are disrupting traditional banks by offering faster and more accessible financial services.
TRUE
FALSE
Global financial markets are unaffected by exchange rate fluctuations.
TRUE
FALSE
The Bangko Sentral ng Pilipinas (BSP) has introduced initiatives like QR Ph to promote digital payments.
TRUE
FALSE
Sustainable finance disregards environmental impacts in favor of maximizing profits.
TRUE
FALSE
