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Worksheets

Nonbank English

Total questions: 70

Worksheet time: 35mins

Name
Class
Date
1.

What is the definition of pawnshop?

a)

A financial institution that provides loans without collateral

b)

A financial institution that provides loans with collateral

c)

A financial institution that provides loans with low interest

d)

A financial institution that only provides investment services

e)

A financial institution that provides loans without any interest

2.

Who founded the first pawnshop in Indonesia?

a)

Dutch

b)

English

c)

Portuguese

d)

Japanese

e)

Chinese

3.

What collateral is usually provided in pawnshop transactions?

a)

Land certificate

b)

Valuable items such as gold or electronics

c)

Stocks

d)

Business certificates

e)

Diamonds

4.

What is the main purpose of establishing pawnshops by the Dutch colonial government?

a)

To improve the economy of the people

b)

To reduce usury practices

c)

To assist small entrepreneurs

d)

To strengthen the economic position of the Dutch

e)

To maximize profits for the colonial government

5.

What happens if a borrower cannot repay their loan at the pawnshop?

a)

The loan will be extended without interest

b)

The collateral will be auctioned

c)

The borrower is given additional time without cost

d)

The collateral will be returned to the borrower

e)

The collateral will be left by the lending party

6.

What is meant by 'appraisal value' in the conventional pawnshop system?

a)

The market selling price of the pawned item

b)

The value set by the pawnshop based on the condition of the item

c)

The value determined by the customer

d)

The value calculated based on the purchase price of the item

e)

The value determined by the government

7.

What is the maximum loan term in a conventional pawnshop?

a)

1 month

b)

3 months

c)

6 months

d)

12 months

e)

Depends on the type of item being pawned

8.

Which of the following is NOT included in the basic principles of Islamic pawnshops?

a)

Pledge agreement

b)

Usury

c)

Profit-sharing

d)

Agency

e)

Lease

9.

What is meant by 'ujroh' in the Islamic pawnshop system?

a)

The profit obtained by the pawnshop from the difference between the loan value and the value of the item

b)

The administrative fee charged for the storage service of the item

c)

The interest charged on the loan provided

d)

The insurance fee paid to protect the pawned item

e)

The penalty fee charged for late payment

10.

What is meant by 'flexibility of loan term' in the context of pawnshops?

a)

A very short loan term

b)

Ease of extending the loan term

c)

The same loan term for all types of items

d)

The obligation to repay the loan in a short time

e)

No time limit to repay the loan

11.

The highest meeting in a cooperative that decides important policies is called...

a)

General Meeting

b)

Member Meeting

c)

Board Meeting

d)

Management Meeting

e)

Company Meeting

12.

The type of cooperative that provides daily necessities is...

a)

Production cooperative

b)

Consumption cooperative

c)

Service cooperative

d)

Savings and loan cooperative

e)

Credit cooperative

13.

The capital of a cooperative mostly comes from...

a)

Bank loans

b)

Government donations

c)

Member savings

d)

Business profits

e)

Voluntary savings

14.

One of the main functions of a cooperative is...

a)

To expand the international market

b)

To provide loans to large businesses

c)

To improve the welfare of its members

d)

To monopolize trade

e)

To reduce members' debts

15.

Cooperatives in Indonesia are regulated in Law Number...

a)

17 of 2012

b)

25 of 1992

c)

40 of 2007

d)

30 of 2004

e)

11 of 2020

16.

The distribution of SHU in cooperatives is based on...

a)

The capital contributed

b)

The number of members

c)

The participation and transactions of members

d)

The position in the cooperative

e)

The age of members

17.

A cooperative established by several primary cooperatives is called...

a)

Secondary cooperative

b)

Consumption cooperative

c)

Service cooperative

d)

Production cooperative

e)

Joint cooperative

18.

The role of cooperatives in assisting the MSME sector is...

a)

Providing capital

b)

Creating job opportunities

c)

Regulating the price of goods

d)

Managing state finances

e)

Increasing market access

19.

Why are cooperatives called family-based business entities?

a)

Because they are owned by one family

b)

Because they prioritize togetherness and welfare

20.

Why is a cooperative called a family-based business?

a)

Because it is owned by one family

b)

Because it prioritizes togetherness and mutual welfare

c)

Because it operates without profit

d)

Because it is managed by the government

e)

Because it involves all members in decision-making

21.

What is meant by a multi-purpose cooperative?

a)

A cooperative that only operates in one business field

b)

A cooperative that conducts activities in various business fields

c)

A cooperative that only consists of entrepreneurs

d)

A cooperative that operates only in the social field

e)

A cooperative that focuses solely on savings and loans

22.

What is the definition of venture capital according to the Minister of Finance's decree in 1998?

a)

An entity that conducts financing activities in the form of equity participation

b)

A financing by one company to another company

c)

Part of a financial institution that provides financing schemes

d)

A capital company that assists in the development of companies

e)

A company that uses capital in business fields

23.

How do venture capital investors typically assess the potential returns from their investments?

a)

By analyzing the company's latest financial reports

b)

By evaluating market growth potential and management team

c)

By examining the founders' experience

d)

By assessing the company's age

e)

By reviewing monthly reports

24.

What is the main goal of venture capital investors when they provide financing?

a)

To buy shares in established companies

b)

To achieve high returns through future share sales

c)

To control company operations

d)

To minimize investment risks

e)

To obtain longer-term funding

25.

What is meant by 'due diligence' in the context of venture capital investment?

a)

The process of reducing company debt

b)

The process of thorough assessment and verification before investment

c)

The process of evaluating company managerial performance

d)

The process of extending the investment period

e)

The process of providing long-term debt

26.

What benefits do venture capital investors gain besides financial returns?

a)

Exclusive access to global markets

b)

Involvement in the development of company strategy and management

c)

Full control over company operations

d)

Options to purchase products at significant discounts

e)

Access to new technologies

27.

What is the main risk faced by venture capital investors?

a)

High liquidity

b)

Risk of losing the entire investment

c)

Risk of obtaining small returns

d)

Risk of slow investment returns

e)

Decline in asset prices

28.

An entrepreneur is considering accepting venture capital but is worried about losing control over their company. What is one way for the entrepreneur to maintain management control?

a)

By not accepting funding from venture capital

b)

By only taking funds without giving voting rights in share ownership

c)

By setting terms in the agreement that limit venture capital's influence in management

d)

By only providing preferred shares without voting rights

e)

By ignoring the venture capital offer

29.

Why are venture capital investors often more interested in startups with high growth potential compared to established businesses?

a)

Startups are more likely to have stable profits initially

b)

Risks in startups are lower compared to established businesses

c)

Startups have the potential to provide much higher investment returns

d)

Startups have clearer ownership structures

e)

Stable startups tend to have lower failure risks

30.

What is the main focus of venture capital in investments?

a)

Increasing short-term stock value

b)

Developing startups with high growth potential

c)

Gaining profits from government bonds

d)

Distributing dividends to shareholders

e)

Reducing company value

31.

What distinguishes venture capital from other forms of financing such as bank loans?

a)

Venture capital is disbursed more quickly

b)

Venture capital does not require collateral

32.

What distinguishes venture capital from other forms of financing such as bank loans?

a)

Venture capital is disbursed more quickly

b)

Venture capital does not require collateral

c)

Venture capital has lower interest rates

d)

Venture capital cannot be repaid

e)

Venture capital has no interest

33.

What is meant by leasing in the business world?

a)

The process of purchasing assets in cash

b)

Long-term rental of an asset

c)

Buying assets with a buyback arrangement

d)

Long-term loan of money

e)

Purchasing assets in installments

34.

The main difference between operating lease and finance lease is...

a)

Lease duration

b)

Risks and benefits of ownership

c)

Amount of installments

d)

Type of assets leased

e)

Residual value of assets

35.

A startup company wants to expand its business by purchasing new production equipment. The leasing option is considered more attractive because...

a)

The company does not want to be burdened with long-term debt

b)

The company wants to fully own the asset

c)

The company wants to avoid asset maintenance costs

d)

The company wants to allocate capital for other operational activities

e)

The company wants to reduce the risk of asset depreciation

36.

The impact of interest rate changes on the financial burden of companies with many leasing contracts is...

a)

An increase in interest rates will increase the financial burden

b)

An increase in interest rates will not affect the financial burden

c)

An increase in interest rates will decrease the financial burden

d)

There is no relationship between interest rates and leasing financial burdens

e)

An increase in interest rates will reduce the company's profits

37.

One of the risks faced by lessors in leasing agreements is:

a)

Risk of asset value decline

b)

Risk of default by the lessee

c)

Risk of changes in tax regulations

d)

Risk of asset damage

e)

Risk of interest rate changes

38.

The main reason companies choose to lease rather than buy assets outright is...

a)

To avoid the risk of asset value decline

b)

To increase financial flexibility

c)

To reduce tax burdens

d)

To increase company equity

e)

To save initial capital

39.

Why do leasing companies require credit analysis before approving a leasing contract?

a)

To determine the asset's value

b)

To assess the lessee's payment ability

c)

To determine the interest rate

d)

To assess the risk of asset damage

e)

To ensure the lessee's financial viability

40.

What is meant by premium in insurance?

a)

The amount of claims paid

b)

Payments made to obtain protection

c)

The cash value of an insurance policy

d)

Payments received upon retirement

e)

Protection in the event of a disaster

41.

Why is it important to have health insurance even if we feel healthy?

a)

To avoid tax payments.

b)

To get discounts at hospitals.

c)

To protect against unexpected medical costs in the future.

d)

To receive free healthcare services.

e)

To serve as a safety net when entering retirement.

42.

Which of the following is a beneficial offer of insurance as a long-term investment?

a)

Provides security for the insured when the insured object experiences an unforeseen event.

b)

Obtaining credit loans, such as business capital loans and Home Ownership Credit (KPR) from financial institutions.

c)

Provides compensation for partial or total damage to buildings and property with additional premiums.

d)

Has cash value that can be withdrawn after a certain period.

e)

Customers can receive the results from premium payments to obtain long-term protection and help reduce tax burdens.

43.

Why is it important for someone to understand the concept of insurance before purchasing a policy?

a)

To understand the risks involved and the benefits obtained.

b)

To avoid paying premiums.

c)

To choose the cheapest premium.

d)

To know when premium payment deductions are applied.

e)

To claim insurance at any time.

44.

What are the obligations of the insured party in an insurance agreement?

a)

Pay premiums.

b)

Provide guarantees.

c)

Pay taxes.

d)

Compensate for losses.

e)

Bear risks.

45.

What is meant by secondary insurance?

a)

Insurance used as a supplement after the main insurance claim.

b)

Insurance used as an addition.

c)

Insurance that is not really needed.

d)

Insurance provided to someone in need.

e)

Insurance used to pay premiums.

46.

Examples of secondary insurance include:

a)

Motor vehicle insurance.

b)

Health insurance.

c)

Main life insurance.

d)

Home insurance.

e)

Old age insurance.

47.

What is the main difference between primary insurance and secondary insurance?

a)

Primary insurance is usually more expensive.

b)

Secondary insurance can be for anything.

c)

Secondary insurance does not require premiums.

d)

Primary insurance only protects vehicles.

e)

Primary insurance is the first policy taken, while secondary is an addition.

48.

The development of marine insurance in the past had a significant impact on the development of international trade. What was the main factor of that influence?

a)

Marine insurance allows traders to take greater risks in trade.

b)

Marine insurance encourages innovation in shipping technology.

c)

Marine insurance increases trade efficiency by reducing transportation costs.

d)

Marine insurance helps build trust between traders and buyers.

e)

It became easier for people to sell various types of fish and other sea animals.

49.

Insurance that provides financial protection in the event of the insured's death is...

a)

Health insurance.

b)

Life insurance.

c)

Vehicle insurance.

d)

Property insurance.

e)

Employment insurance.

50.

What are the characteristics of a Fintech company?

a)

Uses technology to provide financial services.

b)

Has its headquarters in Silicon Valley.

c)

Focuses on investments in the stock market.

d)

Specializes in insurance services.

e)

Fintech does not use technology.

51.

One of the fintech applications for managing personal finances and budgeting is:

a)

Bibit.

b)

Money Lover.

c)

Gopay.

d)

OVO.

e)

Shopeepay.

52.

Which of the following is NOT an advantage of Fintech?

a)

Wider accessibility for financial services.

b)

Lower transaction costs.

c)

Faster and more efficient processes.

d)

Higher security risks.

e)

Ease of service for customers.

53.

One example of fintech that operates in the field of digital payments is:

a)

Gojek.

b)

OVO.

c)

Traveloka.

d)

Tokopedia.

e)

Grab.

54.

What is meant by crowdfunding?

a)

A digital payment system using mobile phones.

b)

Direct lending between individuals.

c)

Collecting funds from many people for a project.

d)

Price comparison.

55.

What is crowdfunding?

a)

Digital payment system using mobile

b)

Direct lending between individuals

c)

Collecting funds from many people for a project

d)

Comparing prices of various products online

e)

Buying foreign products

56.

Fintech crowdfunding is used for:

a)

Paying electricity bills

b)

Investing

c)

Transferring money between countries

d)

Buying health insurance

e)

Collecting funds from the public for specific projects

57.

What is the main difference between crowdfunding and microfinancing?

a)

Crowdfunding focuses on creative projects, while microfinancing focuses on micro businesses.

b)

Crowdfunding is only for individuals, while microfinancing is only for businesses.

c)

Crowdfunding provides loans, while microfinancing provides grants.

d)

Crowdfunding does not require collateral, while microfinancing always requires collateral.

e)

Crowdfunding involves fundraising, while microfinancing does not involve fundraising.

58.

Which Fintech company was the first to use technology to provide financial services?

a)

PayPal

b)

Square

c)

LendingClub

d)

Stripe

e)

Shopee

59.

What risks might users face with digital payment systems?

a)

Losing money if debit/credit card is lost.

b)

Transfers can be double the amount.

c)

Transactions are easy

d)

Getting high interest

e)

Cannot be used on laptops.

60.

What is the main function of fintech peer-to-peer lending?

a)

Stock investment

b)

Digital payments

c)

Providing loans to individuals or small businesses

d)

Saving money digitally

e)

Fundraising

61.

The main difference between the money market and the capital market lies in:

a)

Type of goods traded

b)

Amount of goods

c)

Location of trade

d)

Number of transactions

e)

Duration of transactions

62.

The main function of the capital market for the economy is:

a)

Stabilizing currency exchange rates

b)

Facilitating international trade

c)

Channeling funds from investors to companies

d)

Regulating prices of goods and services

e)

Providing better returns to direct investors.

63.

The main risk associated with investing in the capital market is:

a)

Mutual fund risk

b)

Inflation risk

c)

Bond risk

d)

Deposit risk

e)

Long-term risk

64.

The type of investment in the capital market that is the most risky is:

a)

Stocks

b)

Bonds

c)

Mutual funds

d)

Deposits

e)

Inflation

65.

The main factors influencing stock price movements in the capital market are:

a)

Market conditions

b)

Company performance

c)

Financial system

d)

Company conditions

e)

Bond system

66.

The capital market based on its geographical location can be distinguished into:

a)

Primary market and secondary market

b)

Stock market and bond market

c)

Domestic market and international market

d)

Organized market and over-the-counter market

e)

Local market and international market

67.

The capital market based on its transaction method can be distinguished into:

a)

Primary market and secondary market

b)

Stock market and bond market

c)

Domestic market and international market

d)

Organized market and over-the-counter market

e)

Cash market and futures market

68.

A certificate of participation or ownership of an individual or business entity in a company is called.....

a)

Right

b)

Stock

c)

Bond

d)

Warrant

e)

Mutual fund

69.

The following are the benefits of owning stocks, except ....

a)

Receiving profit sharing

b)

Owning a small part of the company

c)

Receiving dividends

d)

Gaining capital gains

e)

Salary increases

70.

How can the capital market help create new jobs?

a)

By providing funds for companies that want to open new branches.

b)

By encouraging economic growth that creates labor demand.

c)

By providing training and education for prospective workers.

d)

By providing assistance programs for the unemployed.

e)

Encouraging the development of new industries.