18 Questions
What are examples of non-banking financial institutions according to the text?
Insurance companies, mutual funds agencies, and primary dealers
Which market is known for dealing with foreign currencies?
Forex Market
What type of securities are traded in the Money Market?
Treasury bills, Repo, and commercial papers
In the financial system, what do financial instruments refer to?
Contracts between parties traded in financial markets
'Financial Markets' do not include which of the following categories according to the text?
Stock Market
What is the main function of non-banking financial institutions?
Providing investment services and managing risk
What is one of the main purposes of a financial system as mentioned in the text?
To facilitate savings mobilization and investment
Which of the following is NOT a key component of the financial system?
Real estate market
What is the primary role of money market instruments in the financial system?
Facilitate short-term lending and borrowing
How does money play a crucial role in the economy?
By facilitating transactions and economic activities
What sets banks apart from non-bank institutions in the financial system?
Banks can accept deposits, while non-bank institutions cannot
Which of the following best describes the relationship between savings mobilization and investments in the economy?
Savings mobilization allows for more investments in various economic sectors
What is one of the key features of the Financial System?
Encouraging both savings and investments
Which component is NOT part of the Indian financial system?
Financial Services
What is a characteristic of Non-Banking Institutions?
Offering various financial products and services without accepting deposits
How does the Financial System influence economic development?
By promoting efficient allocation of financial resources
Which category of institutions accept deposits as well as distribute loans?
Financial Institutions and Banking Institutions
What do Financial Markets facilitate in terms of space and time?
Promoting expansion of financial markets over space and time
This quiz focuses on the functions of banking and non-banking companies in the Philippines. Learn about how these institutions help mobilize savings and drive investments in different sectors of the economy. Test your knowledge by differentiating between companies offering various financial services.
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