Financial Institutions in the Philippines Quiz
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Questions and Answers

What are examples of non-banking financial institutions according to the text?

  • Central banks, commercial banks, and development banks
  • Insurance companies, mutual funds agencies, and primary dealers (correct)
  • Hedge funds, retail banks, and venture capital firms
  • Investment banks, credit unions, and pension funds
  • Which market is known for dealing with foreign currencies?

  • Commodity Market
  • Forex Market (correct)
  • Capital Market
  • Money Market
  • What type of securities are traded in the Money Market?

  • Treasury bills, Repo, and commercial papers (correct)
  • Stocks and bonds
  • Long-term securities
  • Derivatives
  • In the financial system, what do financial instruments refer to?

    <p>Contracts between parties traded in financial markets</p> Signup and view all the answers

    'Financial Markets' do not include which of the following categories according to the text?

    <p>Stock Market</p> Signup and view all the answers

    What is the main function of non-banking financial institutions?

    <p>Providing investment services and managing risk</p> Signup and view all the answers

    What is one of the main purposes of a financial system as mentioned in the text?

    <p>To facilitate savings mobilization and investment</p> Signup and view all the answers

    Which of the following is NOT a key component of the financial system?

    <p>Real estate market</p> Signup and view all the answers

    What is the primary role of money market instruments in the financial system?

    <p>Facilitate short-term lending and borrowing</p> Signup and view all the answers

    How does money play a crucial role in the economy?

    <p>By facilitating transactions and economic activities</p> Signup and view all the answers

    What sets banks apart from non-bank institutions in the financial system?

    <p>Banks can accept deposits, while non-bank institutions cannot</p> Signup and view all the answers

    Which of the following best describes the relationship between savings mobilization and investments in the economy?

    <p>Savings mobilization allows for more investments in various economic sectors</p> Signup and view all the answers

    What is one of the key features of the Financial System?

    <p>Encouraging both savings and investments</p> Signup and view all the answers

    Which component is NOT part of the Indian financial system?

    <p>Financial Services</p> Signup and view all the answers

    What is a characteristic of Non-Banking Institutions?

    <p>Offering various financial products and services without accepting deposits</p> Signup and view all the answers

    How does the Financial System influence economic development?

    <p>By promoting efficient allocation of financial resources</p> Signup and view all the answers

    Which category of institutions accept deposits as well as distribute loans?

    <p>Financial Institutions and Banking Institutions</p> Signup and view all the answers

    What do Financial Markets facilitate in terms of space and time?

    <p>Promoting expansion of financial markets over space and time</p> Signup and view all the answers

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