MAS Gallery JMLB

MAS Gallery JMLB

12th Grade

9 Qs

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MAS Gallery JMLB

MAS Gallery JMLB

Assessment

Quiz

Financial Education

12th Grade

Hard

Created by

Joshua Khoo

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What currency is accepted in Singapore under the currency interchangeability agreement

Brunei Dollar

Malaysian Ringgit

Thai Baht

USD

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the first series of notes in Singapore

The Lavender series

The Orchid series

The Rose series

The portrait series

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does price stability support economic growth?

By promoting hyperinflation

By discouraging savings

By promoting a low and stable inflation

By encouraging investment and long term planning

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What objectives does MAS have in mind in managing the Official Foreign Reserves?

Liquidity - To ensure that sufficient liquid assets are available in time

To spend on cohesion events

To achieve Long term investment returns

To achieve short term investment returns

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often do you engage your bilateral and international counterparts?

Once a month

All year round

Every quarter

Every week

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The FEAT principles are legally binding

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recommended size for an emergency fund

Enough to cover your expenses for 3 months

Enough to cover your expenses for 6 months

Enough to cover your expenses for 1 year

Enough to cover your expenses for 5 years

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does MAS conduct stress tests of financial institutions (FIs)?

To assess the health of the financial system as a whole

To assess the health of individual financial institutions

All of the above

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the largest note still in circulation

$100

$1000

$10000

$100000