FUNCTION OF CENTRAL BANK AND MONETORY POLICY
Quiz by Muhammad Areef bin Baharuddin
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- Q1
What is the main macroeconomics problem that our country is facing during the Post-Covid 19 ?
The circulation of in and out money throughout the country
Severe inequality of income in the society
The increase in price of cooking oil
Severe inequality of income in the society
30s - Q2
Which of the following is not a function of a central bank?
Financial advisor to the government
Change the monetary policy
Giving out loans to the public
30s - Q3
Expansionary policy can reduce unemployment
truefalseTrue or False30s - Q4
Contractionary or tight monetary policy purpose is to decrease money supply
truefalseTrue or False30s - Q5
Which of the following define Legal Reserve Requirement?
The amount of cash the commercial bank is required to give to the government as an interest on reserve
The amount of loan the commercial is required lend out
The minimum amount of cash that the central bank requires all commercial banks to keep in the central bank.
30s - Q6
What is a commercial bank?
A financial institution that does not accept deposits from the public as they only provide support services and advice in terms of financial management and portfolio management.
A financial institution that is conducted based on Shari’ah principles.
A financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profit.
30s - Q7
Which of the following is an example of quantitative instrument?
Bank Rate Policy or Discount Rate
Direct Credit Controls on Bank Lending
Fixing Margin Requirements
30s - Q8
What stage of measures will aim to jumpstart the economy after the restrictions are lifted?
First stage
Both
Second stage
30s - Q9
What type of fiscal response package is proposed in Malaysia?
None
Two stage
Boost aggregate demand
30s - Q10
What would be reduced as part of monetary policy?
Interest rate
Aggregate demand
Paid relief
30s - Q11
What does lower interest rates do in Malaysia?
Decrease GDP
Increase demand deficient unemployment
Lower interest rates reduce the cost of borrowing
30s - Q12
What can reduced interest rates be ineffective in?
Quantitative easing
Stimulating demand
Money supply
30s