fin263-chapter 1

fin263-chapter 1

University

10 Qs

quiz-placeholder

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fin263-chapter 1

fin263-chapter 1

Assessment

Quiz

Business

University

Hard

Created by

MOHD GHAZALI

Used 63+ times

FREE Resource

10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Since the Bank Negara 's inception in.............there has been eight Governors.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The 9th and current Governor of the Central Bank of Malaysia is Nor Shamsiah Mohd Yunus, who took over from Muhammad Ibrahim on 1 July 2018.

 Tan Sri Nor Samsiah Mohd Junus

Datuk Nor Shamsiah Mohd Yunus

Datuk Siti Shamsiah Mohd Yunus

Datuk Seri Shamsiah Mohd Yunus

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are the functions of the Bank Negara as the BANKER AND FINANCIAL ADVISER to the government?

Management of the national debt

Management of government accounts

Source of funds to government

Induce a voluntary response from the financial system to its policy plans.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"Done through rediscounting of eligible bills, government securities, trade bills and commercial papers with BNM by licensed institutions."

Which of the following refer to the above statement regarding the functions of Bank Negara as the banker to the bank?

Inspection and investigation of banks and non-bank

Banking relationship

Currency distribution

Lender of last resort

5.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

In practice, the Ringgit is to be fully backed by .............

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Central Banks of Malaysia commenced to issue its own currency on ........... replacing the Currency Board.

1967

1964

1966

1968

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT the objectives of Bank Negara Malaysia?

Banker for currency issue

Banker and financial consultant to the government

Agency responsible for government policy

Banker to the commercial banks

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