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FUNCTION OF CENTRAL BANK AND MONETORY POLICY

Quiz by Muhammad Areef bin Baharuddin

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12 questions
Show answers
  • 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

    true
    false
    True or False
    30s
  • Q4

    Contractionary or tight monetary policy purpose is to decrease money supply

    true
    false
    True or False
    30s
  • 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

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