
Banking History and Functions
Authored by AMIRAH AQILAH
Business
University
Used 4+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
During Straits Settlements’ period, the growth of port facilities led to the establishment of which bank, which later became a subsidiary of the Hong Kong Bank and is now known as HSBC?
Royal Bank of Scotland
Mercantile Bank
Standard Chartered Bank
Bank of America
2.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Which other bank, now known as Standard Chartered, also established its presence in penang?
Bank of America
Chartered Bank
Barclays Bank
Royal Bank of Scotland
3.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What was the name of the bank in the early 1930s?
Security Chamber
Vault
Safe House
Strong Room
4.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
In 20th century, which businesses were major impetuses for the growth of the bank?
Tea and Spices
Tin and Rubber
Coffee and Sugar
Cotton and Silk
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the best explanation of banking halls?
A secure room for counting cash and coins
A storage area for bank records and documents
A lounge for bank staff to take breaks
A place where bank officers and customers interacted
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Which of the following is not a responsibility of banks?
Credit Creation
Custodial Services
Financial Intermediation
Delivery Services
7.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
The first ATM in Malaysia was launched by Maybank at its Ampang Park branch. When did this event occur?
1992
2001
1971
1981
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