Certificate in Credit T6 - 5R Strategic Consultancy Sdn Bhd

Name

Which of the following is the first commercial bank in Malaysia?

Oversea- Chinese Banking Corporation in Melaka

Chartered Mercantile Bank of India, London and China in Penang

Standard Chartered Bank of India, London and China in Penang

First Oversea Bank Ltd

According to Section 2, Central Banking of Malaysia Act, the term "Financial System" collectively refer to

Banking System and Capital Market System

Financial Institutions, Capital Market Intermediaries or Participants, Financial Markets and Payments Systems

Financial Institutions, Non-Banking Financial Intermediaries and Capital Market

Financial Institutions, Financial Market, Offshore Financial Institutions & Payment and Settlement Systems

Which of the followings is the chief regulator of the Financial Sector in Malaysia?

Securities Commission

Labuan Financial Services Authority

Bank Negara Malaysia

Financial Services Act 2013

The following are two major components of the financial system in Malaysia

Financial of Intermediaries & Financial Market System

Banking System & Capital Market System

Banking System & Non-Banking System

Banking System & Money Market System

What is the primary role of the Banking System?

Mobilise long-term and short-term fund in the economy

Provide a mechanism for individual and entities to save surplus funds for future events

Provide a mechanism for the effectiveness implementation of the monetary policy

Gather deposits and disburse loans through products that meet specific depositor and borrower needs

The process of the mobilising funds from savers and depositors and allocating them to users or borrower is known as

Financial Derivatives

Financial Facilities

Financial Mobilising

Financial Intermediaries

Which of teh following is the heart of the Banking System?

Capital Market

Financial Institution

Bank Negara Malaysia

Money Market

What is the main function of the "back office" or "engine room" of the financial sector?

Record all the daily financial transaction of the financial institutions

Support the front office operations of the banking system

Facilitate the settlement of the payment obligation and transfer of fund between various parties within non-financial system

Ensure uninterrupted operation of the Financial System

Which of the 2 laws have been enacted to regulate activities of the financial intermediaries to safeguard the interest of all shareholders?

FSA 2013 and Central Banking of Malaysia Act

FSA 2013 and Capital Market Service Act 2007

FSA 2013 and DFIA 2002

FSA 2013 and BAFIA 1989

What is the primary role of the Capital Market System?

facilitate the pooling of both long and short-term funds for financing needs

Facilitate the pooling of short-term funds and longer term financing needs

Complement banking system in mobilising funds in the economy

Facilitate the pooling of long-term funds and longer term financing needs

Which of the following are the components of the Capital Market System?

I. Money market
II. Equity Market
III. Debt Market
IV. Derivatives Market

II, III and IV

II and III

I and II

I, II and III

The following are Capital Market institutions EXCEPT

Commercial Bank

Stocks Broking House

Fund Managers

Investment Bank

Which of the following regulator agency supervise the Capital Market System?

Bank Negara Malaysia

Securities Commission

Capital Market Services Act 2007

Labuan Financial Securities Authority

Identify the 2 Components of Banking System

I. Banking Intermediaries
II. Commercial Banks
III. Islamic Banks
IV. Non-Bank Financial Intermediaries

I and IV

I and II

III and IV

II and III

A side from BNM, the banking system in Malaysia comprises the following

Commercial Banks, Islamic Banks, Offshore Bank and Prescribe DFIs

Commercial Banks, Islamic Bank, Discount Houses, Representative Officers of Foreign Banks and Offshore Bank

Commercial Banks, Islamic Bank, Offshore Bank, Discount House and Kuala Lumpur Inter-Bank Marketcers of Foreign Banks and Offshore Bank

Financial Institutions, Islamic Banks and Development Financial Institutions

Which Financial Institution is the largest and most substantial providers of fund in Malaysia banking system

Islamic Banks

Discount House

Money Market

Commercial Bank

In order to achieve the long-term objective of BNM to create an Islamic banking system that operators in parallel to the conventional system status, the Islamic banking system had to meet the following targets EXCEPT

Establishment of an Islamic inter-bank market

Creation of Islamic banking assets equivalent to Commercial Banks

creation on large variety of Islamic financial instruments

Establishment of significant number of Islamic banking players

Which of the following statements is NOT true

An Islamic bank is also obligated to comply with the advice of the Shariah Advisory Council

An Islamic bank obligated to seeks the advice of the Shariah Advisory Council on Shariah matters related to its banking business

IFSA 2013 empowers BNM to specify, in accordance to the Shariah Committee, Standards on Shariah matters an accordance with Islamic law

IFSA 2013 required all Islamic Bank to establish a Shariah Advisory Council to advice on its businesses

What is the main objective of DFIs in Malaysia

To provide both short and long terms funds tailored to the needs of the borrowers in targeted sectors

To provide financing in agriculture, manufacturing and Small and Medium Enterprise

To provide long-term funds tailored to the needs of borrowers in targeted sectors

Promote investment and development in Small and Medium Enterprise (SME)

Which of the following is NOT under the six institution prescribe under DFIA

Malaysia Industrial Development Finance Berhad

Bank Kerjasama Rakyat Malaysia Berhad

Bank Simpanan Nasional

Export - Import Bank of Malaysia Berhad

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