TEST 1

Test 1

Answer all questions. (2 marks each)

1. What is money?

2. Give two (2) motives and example for holding money.

3. What is near money?

4. Give two (2) responsibilities of Bank Negara Malaysia to the    government.

5. Give two (2) functions of commercial bank in Malaysia.

6. State two (2) types of insurance in Malaysia.

7. Give two (2) functions of Malaysia Building Society Berhad (MBSB).

8.   Briefly explain the money market system in Malaysia?

9. Briefly explain one (1) type securities traded on Bursa Malaysia?

10. State two (2) main activities on the foreign exchange market.

11.“Payable to whoever is the holder at maturity date and can be sold on secondary market before maturity date”

The above statement refers to_________________.

Please submit your answer before 17 feb 2012.

Thank you.