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BBTM2013 Travel Industry Operations Chapter 2

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the primary agency responsible for promoting industrial development in Malaysia?

a)

Bank Pembangunan Malaysia

b)

Tourism Malaysia

c)

Malaysian Investment Development Authority

d)

Ministry of International Trade & Industry

2.

Which of the following is NOT one of the sub-sectors of Tourism and Travel Related Services?

a)

Tourism vehicle business

b)

Hotels and restaurants

c)

Tour operating/travel agency business

d)

Medical and health care services

3.

What is the minimum paid-up capital required for a 100% locally owned inbound travel agency?

a)

RM 500,000

b)

RM 200,000

c)

RM 1,500,000

d)

RM 1,000,000

4.

What type of tax incentive is available for companies undertaking new investments in 4 and 5 star hotels?

a)

Investment Tax Allowance of 60%

b)

Pioneer Status with income tax exemption of 70%

c)

Double Deduction on Overseas Promotion

d)

Tax exemption for local tourists

5.

Which document is required for a company applying for a Tour Operating/Travel Agency Business License?

a)

Tourism Association Membership Certificate

b)

Certificate of Incorporation

c)

Business License from MITI

d)

Financial Audited Report

6.

What is the maximum shareholding for foreign companies applying for an Inbound & Ticketing license?

a)

30%

b)

51%

c)

70%

d)

100%

7.

Which of the following is a requirement for the Malaysia My Second Home (MM2H) program?

a)

Must be a Malaysian citizen

b)

Must have a valid work permit

c)

Must be from a country with diplomatic relations with Malaysia

d)

Must invest in a local business

8.

What is the purpose of the Tourism Development Infrastructure Fund?

a)

To support the development of tourism infrastructure

b)

To assist in hotel renovations

c)

To provide loans for personal travel

d)

To fund international tourism marketing

9.

What is the tax exemption threshold for local tour operators bringing in foreign tourists?

a)

1,500 tourists

b)

500 tourists

c)

1,000 tourists

d)

750 tourists

10.

Which of the following is a requirement for a company applying for a Letter of Support for Expatriates?

a)

Must provide accommodation for expatriates

b)

Must have at least one Malaysian shareholder

c)

Must be a registered travel agency

d)

Must have a minimum salary of RM3,000

11.

What is the minimum paid-up capital for a 100% foreign-owned tourism vehicle business?

a)

RM 250,000

b)

RM 350,000

c)

RM 500,000

d)

RM 1,000,000

12.

Which of the following is NOT a type of financial assistance available for tourism projects?

a)

Special Tourism Fund

b)

Tourism Development Infrastructure Fund

c)

Tourism Promotion Fund

d)

Healthcare Travel Fund

13.

What is the maximum loan period for the Tourism Development Infrastructure Fund?

a)

10 years

b)

15 years

c)

20 years

d)

25 years

14.

Which of the following services is included in the MM2H program?

a)

Transportation services

b)

Relocation assistance

c)

Healthcare services

d)

Real estate investment

15.

What is the tax incentive for promoting international conferences in Malaysia?

a)

Tax exemption for local participants

b)

Tax exemption for income earned from foreign participants

c)

Double deduction on promotional expenses

d)

Investment Tax Allowance