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ASSIGNMENT TYPES, FUNCTION OF MONEY & FINANCIAL INSTITUTIONS

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

Money made of coins or paper and used directly by the public is called …

a)

Giral

b)

Cartal

c)

Electronic

d)

Digital

2.

Examples of payment instruments included in Giral Money is …

a)

1,000 coins

b)

Banknote of IDR 50,000

c)

Cheques and Deposito

d)

E Wallet (Dana, Shoppe pay)

3.

The type of money whose value is higher than the value of the material from which it is made such as modern banknotes is called...

a)

Token money

b)

Full bodied money

c)

Physical money

d)

Digital money

4.

Look at the following characteristics of money!

  • - Made of metal.

  • - Nominal value is equal to intrinsic value.

  • - Easy to carry and durable.

The above characteristics are the characteristics of...

a)

Giral money

b)

Fiat money

c)

Coins

d)

Banknotes

5.

A type of money whose nominal value is equal to its intrinsic value (the value of the material from which it is made), for example gold coins, is called ....

a)

Token money

b)

Commodity money

c)

Full bodied money

d)

Fiat money

6.

Based on the material, money made of gold or silver is ....

a)

Paper money

b)

Token money

c)

Coins

d)

Giral money

7.

The primary function of money that allows the sale and purchase of goods or services without having to use the barter system is as....

a)

Store of value

b)

Investments tools

c)

Medium of exchange

d)

Measure of value

8.

The following are not among the functions of money....

a)

A medium of exchange

b)

Unit of calculation

c)

Manufacture of goods

d)

Store of value

9.

Money issued by commercial banks and in the form of securities such as cheques, giro, and bilyet giro, is known as ....

a)

Cash

b)

Commodity money

c)

Giral money

d)

Digital money

10.

Look at the following statements!

1) As a medium of exchange

2) As a measure of value

3) As a means of debt repayment

4) As a legal tender

Which includes the primary function of money is ....

a)

2 and 3

b)

3 and 4

c)

1 and 2

d)

3 and 4

11.

The function of money used to measure the value of a good or service so as to facilitate price comparisons is called ....

a)

A medium of exchange

b)

Measure of Value

c)

Store of value

d)

Standard of payment

12.

The function of money that allows a person to save some of his income for future needs is referred to as ....

a)

A medium of exchange

b)

Unit of calculation

c)

Standard of payment

d)

Store of value

13.

The following is an example of the secondary function of money is ....

a)

Rina exchanged cash to buy a new dress.

b)

The price of a motorbike is set at Rp15,000,000.

c)

Ali saves part of his salary in the bank to buy a house.

d)

Companies pay income tax to the government.

14.

A family sells their old house in city A to buy a new house in city B. This activity shows the secondary function of money as ....

a)

Medium of exchange

 

b)

Wealth transfer

c)

Measure of value

d)

Economic activity drivers

15.

Based on the material from which it is made, money can be divided into banknotes and...

a)

Giral money

b)

Cartal Money

c)

Digital money

d)

Coins

16.

Financial institutions whose main activity is to collect funds from the public in the form of deposits (demand deposits, savings, deposits) and channel them back to the public in the form of credit or other forms are....

a)

Insurance Company

b)

Pawnshop

c)

Bank

d)

Savings and Loan Cooperative

17.

The following are not included in Non-Bank Financial Institutions (LKBB) are....

a)

Insurance Company

b)

Central Bank

c)

Savings and Loan Cooperative

d)

Leasing companies

18.

The following are the main functions of the Central Bank in Indonesia (Bank Indonesia), except....

a)

Regulate and supervise commercial banks

b)

Printing rupiah currency

c)

Serve savings deposits from the general public

d)

Maintain the stability of the rupiah exchange rate

19.

A bank whose operations are based on sharia principles (Islamic law) is....

a)

Central Bank

b)

Conventional Commercial Bank

c)

Rural Bank (BPR)

d)

Islamic Bank

20.

Banking services that allow customers to conduct financial transactions (such as money transfers, bill payments) through the internet network using a smartphone or computer are called...

a)

Phone Banking

b)

SMS Banking

c)

Internet Banking / Mobile Banking

d)

Teller Banking