
BAFM 103 Pre-FInal Exam
Authored by Mary Jane Murillo
Business
Professional Development
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non-bank financial institutions are entities that provide certain bank-like financial services but do not hold a banking license.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NBFIs supplement banks in providing financial services to individuals and firms and can provide competition for banks in the provision of these services.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non-bank financial institutions are not regulated by Bangko Sentral ng Pilipinas.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is a Manual of Regulations for Non-bank Financial Institutions in the Philippines.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SSS and GSIS are private-owned non-bank financial institutions.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________ pool risk by collecting premiums from a large group of people who want to protect themselves and/or their loved ones against a particular loss, such as a fire, car accident, illness, lawsuit, disability or death.
Venture Capital Firm
Insurance company
Pawnshop
Currency Exchange
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____________ support a large number of activities, ranging from providing the basics to startup capital for small business entrepreneurs and educational programs that teach the principles of investing.
Venture Capital Firm
Microfinancing organization
Pawnshop
Currency Exchange
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