NEW
Font size
WorksheetsG7: Financial Institutions Quiz
Total questions: 15
Worksheet time: 8mins
What is the primary role of the Bank of Thailand?
To issue credit cards
To manage the country's finances
To operate pawnshops
To provide loans to individuals
Which of the following is NOT a type of financial institution?
Retail stores
Pawnshops
Insurance companies
Commercial banks
What is a characteristic of a commercial bank?
It does not offer savings accounts
It accepts deposits from customers
It only provides loans to the government
It is a non-profit organization
What type of financial institution is the Government Savings Bank?
Commercial bank
Specialised bank
Non-bank financial institution
Insurance company
What is the purpose of a pawnshop?
To manage government funds
To provide long-term loans
To offer savings accounts
To grant small loans with collateral
Which of the following is a form of near money?
Banknotes
Coins
Cheques
Cash
What is the main function of non-bank financial institutions?
To facilitate financial transactions
To accept deposits
To issue banknotes
To provide loans
Which of the following is a responsibility of the Bank of Thailand?
Providing loans to individuals
Managing personal savings accounts
Issuing credit cards
Controlling the amount of money in circulation
What is a characteristic of a debit card?
It allows borrowing money
It can be used to withdraw cash instantly
It earns interest on deposits
It is not linked to a bank account
What is the primary purpose of the Stock Exchange of Thailand?
To provide loans to farmers
To facilitate the buying and selling of stocks
To manage government savings
To issue banknotes
Which type of account typically does NOT earn interest?
Savings account
Current account
Fixed deposit account
Investment account
What is the role of specialised banks?
To issue credit cards
To manage the country's monetary policy
To focus on specific financial needs
To provide general banking services
Which of the following is a type of insurance company?
Life insurance company
Commercial bank
Pawnshop
Credit union
What is the main function of a cheque?
To transfer money between accounts
To provide savings
To act as a loan
To serve as cash
What is the significance of financial institutions in an economy?
They only provide loans
They are not necessary for economic growth
They help manage money and facilitate transactions
They only serve the wealthy
