1. A feature of a credit card is that........

Money cannot be withdrawn if the card is lost or stolen.

A credit card requires the balance to be repaid in full each month or at the end of
each statement cycle.
Credit card can only use for domestic payment
Cash cannot be withdrawn from a credit card
2. ATM means
Any Time Money
Auto Truck of Mahindra
Automated Teller Machine
None of above
3. A debt instrument that bears interest and promises repayment.
Share (cổ phiếu)
Bond (trái phiếu)
Check (séc)
Share
4. A numerical assessment of the risk of a potential borrower.
Credit rating
Credit risk
Credit history
Credit opinion
5. An employee who serves customers in a bank for their deposits, withdrawals
and other services.
Manager
Teller
Receptionist
Officer
6. A statement sent regularly to customers - showing debits, credits and the
balance of the account.
Income statement
Cash flow statement
Account statement
Account history
7. Assets used by a company in its ordinary works (such as cash, materials,
finished products, monies owed by customers):
Fixed assets
Current assets
Liquid assets
Liquidity assets
8. An organized market for the issue of new securities and the exchange of
second- hand ones.
stock exchange
foreign exchange
commodity exchange
primary exchange
9. All the money received by a person or a company is known as
Aid
Income
Wages
Salary
10. A check for salary given by an employer to someone who works for him/her.
Bounced check
Paycheck
Crossed check
Cash check
11. All the.................you make on your account are recorded so that you can
check the details at any time.
Movement
Activities
Transactions
Operation
12. A type of deposit account which pays a favorable rate of interest.
Savings account
Checking acount
Transaction account
Current account
13. After they have been paid in, cheques usually take three working days to.....
pass
credit
clear
pass and credit
14. A depositor is..............when he writes a check for more money than he has in
his account.
Overdrawn
Debited
Credited
Debited and Credited
15. A customer can deposit and withdraw the money in a at any time without
waiting for a period of time.
demand deposit account
time deposit account
savings account
time deposit account and savings account
16. An economy that lacks a commonly accepted currency, so all exchanges must
be made with goods and services because money does not exist in these
economies.
Monetary economy
Barter economy
Commodity economy
Market economy
17. …..acts as a unit of account, a store of value, and a medium of exchange in
transactions.
Currency
Cash
Money
Dollar
18. According to current regulations in Vietnam, bank deposits include:
Current deposit, term deposit, savings deposit, money raised from issuance of valuable
papers
Term deposit, savings deposit, current deposit
Term deposit, savings deposit
Current deposit, term deposit, savings deposit
19. According to current law, which of the following organizations is allowed to
receive DEMAND deposits in Vietnam:
<A>Commercial banks
Finance company
People's Credit Fund
Commercial banks; Finance company; People's Credit Fund
20. According to current law, which of the following organizations is allowed to
receive deposits in Vietnam:
<A>Commercial banks
Finance company
People's Credit Fund
Commercial banks; Finance company; People's Credit Fund
21. A commercial banks take short-term deposits to partially lend to medium-
term project. This describes the function of:
<A>Maturity transformation
Credit extension
Create money
Take deposits
22. Are commercial banks required to buy deposit insurance?
At the discretion of each bank
Required only for small banks
Required for all banks
Required only for big banks
23. According to current law, which of the following organizations is allowed to
receive deposits in Vietnam:
Commercial banks
Finance company
People's Credit Fund
Double-click to hide white space
Commercial banks; Finance company; People's Credit Fund
24. According to current law, which of the following organizations is allowed to
receive DEMAND deposits in Vietnam:
Commercial banks
Finance company
People's Credit Fund
Commercial banks; Finance company; People's Credit Fund
25. According to current law, which of the following organizations is allowed to
receive deposits from individuals in Vietnam:
Commercial banks
Finance company
Leasing company
Insurance Company
26. According to current law, which of the following organizations is NOT
ALLOWED to receive deposits from individuals in Vietnam:
Commercial banks
People's Credit Fund
Vietnam bank for social policies
Finance Company
27. According to the current law, which of the following organizations are
allowed to provide payment services through current accounts in Vietnam:
Commercial banks
Finance company
Leasing companies
Commercial banks, Leasing company, Finance company
28. A commercial bank transfer funds from transactions of purchasing goods and
services. This describes the function of:
Payment
Credit extension
Create money
Take deposits
29. A commercial bank take deposits and pay interest to depositor. This describes
the function of:
Payment
Credit extension
Create money
Take deposits
30. A commercial banks take short-term deposits to partially lend to medium-
term project. This describes the function of:
Maturity transformation
Credit extension
Create money
Take deposits
31. According to current law, banking activities in Vietnam include:
Accepting deposits
Accepting deposits; Credit extension
Accepting deposits; Provide payment service via account
Accepting deposits; Credit extension; Provide payment service via account

32. Bank does not provide loans for

Crop loans
Education loans
Home loans
Drinking & Gambling
33. Being able to pay all debts on due date:
Insolvency
Solvency
Liquidity
Default
34. Banking services offered to large companies.consumer banking
35. retail banking
corporate banking
SME banking
36. Banks make their profits from the difference between the interest rate
charged to borrowers and that paid to depositors, also known as .....
mistake
margin
range
rate
37. Banks pays interest on
Deposits, Certificate of deposits
Loans and advance to customers
Payment service provided to customers
Funds contributed by banks' shareholders
38. Bank notes are issued by...?
Ministry of Finance
The State Bank of Vietnam
The government
Commercial banks
C

39. Commercial bank is one of the financial intermediaries that can bridge the
capital flow from the.....to the..........
Savers.....borrowers
Individuals......... businesses
Savers........... businesses
Individuals..............borrowers
40. Credit risk is one of the top fundamental risks of bank
This statement is true
This statement is false
This statement is partly true
This statement is partly false
41. Controlling the money supply to achieve desired macroeconomic goals is
called....?
fiscal policy.
industrial policy
monetary policy
macro-economic policy
42. Credit institutions in Vietnam include:
Commercial banks
Policy Bank
Non-banking credit institutions
Commercial banks; Policy Bank; Non-banking credit institutions
43. Commercial banks in Vietnam are supervised by:
Ministry of Finance
State bank of Vietnam
Ministry of Justice
State Securities Commission
44. Commercial banks in Vietnam operate under the which Law?
Law on banks
Law on commercial banks
Law on Credit Institutions
Law on financial intermediary
D
45. Defaulter of loan results in
Not paying loan instalments
Bad reputation
Illegal activities
Not paying loan instalments, Bad reputation and Illegal activities
46. Debt which will not be paid and which has to be written off in the accounts
book:
Bad debt
Critical debt
Doubtful debt
Non-performing loan
F
47. Fiat Money is Money...
...without or very little intrinsic value.
...with intrinsic value.
... that can be also consumed.
...this is not declared by the government as legal tender.
48. Failure to carry out the terms of a contract, especially failure to pay back a
debt:
Default
Deficiency
Delinquent
Solvency
49. Financial intermediation is the process that the financial intermediaries
connect and ............ by transferring funds from one side to another.

Banks and account holders

Borrowers and lenders
Borrowers and securities firms
Investors and lenders
50. Financial intermediation is the process that the financial intermediaries
connect and............ by transferring funds from one side to another.
Banks and account holders
Borrowers and lenders
51. Fiat Money is Money
without or very little intrinsic value.
is not legal tender
with high intrinsic value
widely used in a barter economy
52. Fiat money is
legal tender
backed by gold
backed by silvers
widely used in a barter economy

H
53. ……..helps to establish a link between savers & investors
Financial market
Short-term market
Long-term market
Counter market
54. How easily a company can turn some of its assets into cash.
Efficiency
Solvency
Liquidity
Insolvency

I
55. ……..is a market for lending & borrowing of short-term funds.
<A>Money market
Primary market
Capital market
Global market
56. ………is a market for lending & borrowing of short-term funds.
Money market
Primary market
Capital market
Global market
Borrowers and securities firms
Investors and lenders
57. ..is the monopoly of banks
Payment service
Consultant service
Insurance service
Safe-keeping box
58. In a commercial bank,................... provides a buffer against unexpected losses
so as to protect depositors' balances.
equity capital
mobilized capital
other sources of capital
mobilized capital and other sources of capital
59. ……is the provision of funds for the development and expansion of the bank's
infrastructure
equity capital
mobilized capital
other sources of capital
equity capital and other sources of capital
60. .....is a business that conducts one, several or all banking operations
A Credit institution
A Commercial bank
A People's credit fund
A non-bank financial institution
B
61. ...is a credit institution that is permitted to conduct all banking operations
A Credit institution
A Commercial bank
A People's credit fund
A non-bank financial institution
62. Income a bank derives from sources such as fees and service charges, trading
income, and investment securities gains.
Interest income
Non-interest income
Net income
Gross income
63. Interest rate risk, equity risk, currency risk are the most common type
off.........
market risk
interest risk
operational risk
credit risk
64. If ever you find you have an unexpected expense, you can always............some
money from your current account.
Extract
withdraw
exit
deduct
65. Income a bank derives from loans and investment securities. non-interest
income
interest income
net income
income
66. I'm paying for my new car in 36 monthly.
Instalments
Pieces
Parts
Yearly
67. In order to withdraw money the bank requires your...
Statement
Savings account
Signature
68. Balanceis a method of lending that provides a borrower with a fixed amount
of money that must be repaid with regularly scheduled payments. Each
payment includes repayment of a portion of the principal amount borrowed
and also the payment of interest on the debt.
Syndicated loans
Provisional credit line lending
Installment
Distribution of credit card
69. If the central bank wants to promote investment and expand production:
Central Bank implements monetary policy in the direction of "tightening"
The central bank raises the rediscount rate.
The central bank increases the reserve requirement ratio.
The Central Bank "easing" monetary policy
70. If the central bank wants to control inflation:
Central Bank will expand the subject of required reserve deposits
Central Bank implements expansionary monetary policy
Central Bank increases the purchase of valuable papers on the open market
The Central Bank increased buying foreign currency on the foreign exchange
market.
71. In this market, securities with MORE than one year maturity are traded:
<A>Money market
Capital market
Global market
Domestic market
72. In this market, securities with LESS than one year maturity are traded on:
Bond market
Capital market
Stock market
Money market
73. In this market, securities with MORE than one year maturity are traded:
Primary market
Capital market
Money market
Secondary market
74. Inflation is a sustained increase in the general level of
Prices
Accounts
Income
Profit
75. In most countries, which one control the banking system?
The commercial bank
The central bank
The World bank
The investment bank

K
76. KYC means
Know your customer
Know your character
Both of above
None of above

L
77. Liquidity risk is one of the most dangerous risks that can threaten banks'
financial position or existence
Liquidity risk
Operational risk
Credit risk
Interest risk
78. Legal agreement where someone lends money to another person so that he
can buy a property, the property being the security:
Mortgage
Security
Collateral
Pledge
79. Loan which is guaranteed by the borrower giving assets as security:
Secured loan
Securities loan
Securitized loan
Unsecured loan
80. Loan made with no collateral as security:
Secured loan
Unsecured loan
Soft loan
Collateral loan
81. Loan where the borrower is not likely to pay :
Non-secured loan
Non-performing loan
Non-negotiable loan
Non-performing loan and Non-negotiable loan

82. Movement of money from one bank account to another one.

Transfer
Trade
Travel
Extract
83. Money paid by the government or a company to a retired person is a
Pension
Rebate
Subsidy
Wage
84. Money as a medium of exchange BEST represents that money can be used:
<A>to purchase goods and services.
as deferred payment for debts.
as savings for its anticipated future value.
to represent a dollar value for a product
85. Money as a medium of exchange BEST represents that money can be used:
to purchase goods and services.
as deferred payment for debts.
as savings for its anticipated future value.
to represent a dollar value for a product
86. Monetary policy refers to the control of…….and……in the economy.
Interest and government debt
Foreign currency and gold reserves
Money and credit
Taxes and government revenue

N
87. Number of 100% state owned commercial bank in Vietnam
5
4
7
6
88. Name or value of coin or banknote e.g VND 1000, VND 10000, VND 50000.
Denomination
Denominator
Depreciation
Price
89. Nowadays, the issuance of money by the Central Bank is based on:
On the basis of a gold guarantee
On the basis of a silver guarantee.
On the basis of the amount of foreign exchange reserves of the country
On the basis of value of the goods.

P
90. Parties in check payment include:
Beneficiary
Nominee
Drawer of cheque
Beneficiary, Nominee and Drawer of cheque
91. Primary income source of commercial bank
Transfer fees
Interest on loan
Discount on bills
Locker's rent

S
92. Sight Deposits is otherwise called as
Demand Deposits
Time deposits
Recurring Deposits
Accrued Deposits

T
93. The minimum capital adequacy ratio for commercial bank in Vietnam
is..............(Circular 22/2019/TT-NHNN)
8%
9%
10%
11%
94. Timely repayment of loans results in
Good reputation
No tension
Easily availability of loan in Future
Good reputation, No tension and Easily availability of loan in Future
95. The government bank which regulates all commercial banks in a country is
called
Investment bank
Merchant bank
Central bank
Commercial bank
96. Two or more customers may apply for a
two-person account
joint account
together account
Mutual account
97. To deposit share certificates with a lender / bank as security for money
borrowed:
To pledge share certificates
To sell share certificates
To negotiate share certificates
To sell share certificates and To negotiate share certificates
98. To pay interest on a debt and also repay the principal at due date:
To service a debt
To schedule a debt
To set off a debt
To service a debt and To schedule a debt
99. The central bank is............. to the commercial banks which are meeting the
liquidity problem.
the commercial lender
the lender of last resort
the corporate lender
the public lender
100. The..............shows how big a company's profit is (after interest and tax)
compared with the shareholders' equity.
Return on equity (ROE)
Return on assets (ROA)
Retained earnings/Total assets
ROA and ROE
101. The bank's.............lists assets and liabilities.
profit and loss statement
cash flow
balance sheet
Notes to financial statement
102. The financial institution is as an intermediary since...........
it gets deposits from customers and then it provides loans to customers.
it operates between the buyers and the sellers.
it takes capital from its savers and offers to its borrowers
it gets deposits from customers and then it provides loans to customers, it operates
between the buyers and the sellers in payment services, it takes capital from its savers
and offers to its borrowers
103. The great advantage of using…… for payments is that you don't have to
carry large amounts of cash around with you.
Checks
Bills of exchange
Promissory notes
104. The remaining amount of money in an account is called:
Credit
Debit
Balance
Debt
105. Things a company owns and uses in its business.
Liabilities
Owners' equity
Assets
Debs
106. The amount of money that the lender lends to the borrower.
Principle
Principal
Premium
Domination
107. The short-term mobilized capital of commercial banks includes:
Short-term deposits, promissory notes, short-term certificates of deposit
Short-term deposits, certificates of deposit
Short-term deposits, short-term certificates of deposit
Short-term deposits, certificates of deposit, promissory notes
108. The medium and long-term mobilized capital of commercial banks
includes:
Medium and long term deposits, bonds, certificates of deposit medium and long term
Medium and long term deposits, bonds, certificates of deposit
Medium and long term deposits, bonds, promissory notes
Medium and long term deposits, promissory notes, certificates of deposit
109. The total outstanding loan balance of a credit institution for a borrower,
and for a borrower and its affiliated persons, except for special projects
decided by the Prime Minister, must not exceed....... and.......... of the Bank's
equity capital, respectively.
15%, 35%
15%, 25%
15%, 20%
20%, 25%
110. Two or more credit institutions are jointly offering a loan to a lending
project
Syndicated loans
Provisional credit line lending
Installment
Distribution of credit card
111. Two or more credit institutions are jointly offering a loan to a lending
project
Syndicated loans
Provisional credit line lending
Installment
Distribution of credit card
112. Term Deposits is otherwise called as
Demand Deposits
Time deposits
Accrued Deposits
Recurring Deposits
113. The function of issuing money of the Central Bank is shown through
which:
The Central Bank has a monopoly to issue banknotes, As a lender of last resort to
credit institutions.
The central bank has a monopoly to issue banknotes; Being the lender of last resort to
credit institutions and formulating and implementing national monetary policy.
The central bank has a monopoly to issue banknotes and participates in and controls
the creation of money by commercial banks.
The Central Bank has a monopoly to issue banknotes and organizes payments between
commercial banks.
114. The central bank receiving deposits from the Treasury represents which
function of the central bank:
The bank of commercial banks
A State Bank
Money issuance
The regulator of commercial banks
115. The main business activities of a commercial bank are:
Capital mobilization and credit granting
Guarantee
Investment consulting
Buy and sell valuable papers
116. The goals of monetary policy do NOT include the promotion of
Maximum employment
Stable prices
Moderate long-term interest rates
Low taxes
117. The goals of monetary policy do NOT include the promotion of
Maximum employment
Low government budget deficit
Stable prices
Moderate long-term interest rates
118. The goals of monetary policy do NOT include the promotion of
Maximum employment
Increase income equality
Stable prices
Moderate long-term interest rates
119. The goals of monetary policy do NOT include the promotion of
Maximum employment
Stable prices
Attract foreign direct flow (FDI)
Moderate long-term interest rates
120. The central banks's monetary policy tool includes:
the discount rate
the discount rate; The reserve requirement rate
the reserve requirement rate; the Open market operation
the discount rate; the reserve requirement rate; the Open market operation
121. The reserves that a bank is required bay law to keep on hand to back up
its deposits are called
required reserves
actual reserves
excessive reserve
discretionary reserve

U
122. Units of equity of companies which may be bought and sold on the stock
exchange and may rise and fall in value.
Shares
Standing order
Security
Bonds
W
123. Which of the following statements is False?
<A>Fiat money is not legal tender
Financial intermediaries offer risk transformation and maturity transformation.
The State Bank of Vietnam may act as a lender of last resort.
Money acts as medium of exchange
124. Which of the following are characteristic of a financial intermediary?
<A>It prints money
It act as the lenders of last resort
It helps to reduce government budget deficit
It connects borrowers to lenders
125. What is NOT a task of a commercial bank
<A>Act as the lender of last resort
Make loans and take deposits.
Invest in securities and other financial products
Provide financial advice
126. Which of the following statements is false?
<A>Commercial banks take deposits and extend credit
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment
Securities with LESS than one year maturity are traded on primary market
127. Which following statement is TRUE?
<A>Credit risk arises when borrowers fails to fulfill its financial obligations to the
bank.
Liquidity risk arises when banks fail to fulfil required reserve
Commercial banks in Vietnam operate under the Law of Commercial Banks
Commercial banks in Vietnam are supervised by Ministry of Finance
128. Which following statement is TRUE?
<A>Finance company are not allowed to provide payment services through current
accounts in Vietnam.
All credit institutions are allowed to provide payment services through current
accounts in Vietnam
Only state-owned commercial banks are allowed to provide payment services through
current accounts in Vietnam
Only big commercial banks are allowed to provide payment services through current
accounts in Vietnam
129. Which following statement is TRUE?
<A>Business activities of commercial banks are low risk
Business activities of commercial banks are not related to other sector in the economy
Business activities of commercial banks depend on the trust and credibility from
customers
Business activities of commercial banks are not strictly regulated
130. Which of the following statements about liquidity risk of commercial
banks is TRUE? corpse?
<A>Liquidity risk is the loss of money during the payment process
Liquidity risk arises when banks fail to fulfil required reserve
Liquidity risk arises when borrowers could not repay their money
Liquidity risk arises when commercial banks lacks fund to meet the payment request,
and deposits withdrawal.
131. What is not a task of a commercial bank?
Print money.
Make loans and take deposits.
Invest in securities and other financial products
Provide financial advice
132. What is NOT a task of a commercial bank
Act as the lender of last resort
Make loans and take deposits.
Invest in securities and other financial products
Provide financial advice
133. What is NOT a task of a commercial bank
Supervise the financial market
Make loans
Take deposits.
Provide payment services
134. What is not a task of a commercial bank
Extend credits for the non-profit purposes
Provide financial advice
Provide payment service
Take deposits
135. Which of the following are functions of a financial system?
Help to reduce unemployment.
Help to reduce money-laundering
Operate as a payment system
Channel funds between lenders and borrowers.
136. Which of the following are characteristic of a financial intermediary?
It helps firms to issue stocks
It improves stock liquidity
It introduces borrowers to lenders.
It helps to reduce unemployment
137. Which of the following are characteristic of a financial intermediary?
It helps firms to issue bonds
It supervise the financial system
It connects borrowers to lenders.
It helps to reduce government budget deficit
138. Which of the following is the function of financial market
Improve securities liquidity
Mobilization of savings
Mobilization of savings; Provide liquidity to financial assets
Mobilization of savings; Provide liquidity to financial assets; Channels funds from
net-savers to net-spenders; Improve securities liquidity
139. Which of the following are characteristic of a financial intermediary?
1. It introduces borrowers to lenders.
2. It reduces transaction costs for borrowers and lenders.
3. It helps to increase liquidity of stocks 4. It improves the stock listing procedure
1 and 2
1, 2 and 3
1,2 and 4
1 and 4
140. Which of the following statements is false?
Fiat money is not legal tender
Financial intermediaries offer risk transformation and maturity transformation.
The State Bank of Vietnam may act as a lender of last resort.
Money acts as medium of exchange
141. Which of the following statements is false?
Fiat money is legal tender
Financial intermediaries connect lenders and borrowers
A commercial bank may act as a lender of last resort.
Money serves as unit of account
142. Which of the following statements is false?
Fiat money is legal tender
Commercial banks print money
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment
143. Which of the following statements is false?
Commodity money is widely used in barter economy
Money serves as a standard of deferred payment
Commercial banks regulate income tax rate
Financial markets connect lenders and borrowers
144. Which of the following statements is false?
Fiat money is widely used in barter economy
Commercial banks take deposits and extend credit
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment 1
145. Which of the following statements is false?
Commercial banks take deposits and extend credit
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment
Securities with MORE than one year maturity are traded on money market
146. Which of the following statements is false?
Commercial banks take deposits and extend credit
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment
Securities with LESS than one year maturity are traded on capital market
147. Which of the following statements about liquidity risk of commercial
banks is TRUE? corpse?
Liquidity risk is the loss of money during the payment process
Liquidity risk arises when banks fail to fulfil required reserve
Liquidity risk arises when borrowers could not repay their money
Liquidity risk arises when commercial banks lacks fund to meet the payment request,
and deposits withdrawal.
148. Which following statement is TRUE?
Credit risk arises when borrowers fails to fulfill its financial obligations to the
bank.
Liquidity risk arises when banks fail to fulfil required reserve
Commercial banks in Vietnam operate under the Law of Commercial Banks
Commercial banks in Vietnam are supervised by Ministry of Finance
149. Which following statement is TRUE?
Credit risk arises when borrowers fails to fulfill its financial obligations to the bank.
Liquidity risk arises when banks fail to fulfil required reserve
Commercial banks in Vietnam operate under the Law of Commercial Banks
Commercial banks in Vietnam are supervised by Ministry of Finance
150. Which following statement is TRUE?
Commercial banks in Vietnam operate under the Law of Commercial Banks
Commercial banks in Vietnam are supervised by Ministry of Finance
Liquidity risk arises when commercial banks lacks fund to meet the payment request,
and deposits withdrawal.
Credit risk arises when banks fail to fulfil required reserve
151. Which following statement is TRUE?
Commercial banks in Vietnam are supervised by the State Bank of Vietnam
Commercial banks in Vietnam operate under the Law of Commercial Banks
Liquidity risk arises when borrowers could not repay their money
Credit risk arises when banks fail to fulfil required reserve
152. Which following statement is TRUE?
Finance company are not allowed to provide payment services through current
accounts in Vietnam.
All credit institutions are allowed to provide payment services through current
accounts in Vietnam 1
Only state-owned commercial banks are allowed to provide payment services through
current accounts in Vietnam
Only big commercial banks are allowed to provide payment services through current
accounts in Vietnam
153. Which following statement is TRUE?
Commercial banks in Vietnam operate under the Law of banking
Commercial banks in Vietnam are supervised by the Ministry of Finance
Finance company are not allowed to provide payment services through current
accounts in Vietnam
Liquidity risk arises when borrowers could not repay their money
154. What is commercial banks?
Are state-owned enterprises operating under the Enterprise Law
Are credit institutions whose main business is to issue money
Are businesses in the financial sector.
Are special enterprises doing business in the field of money - banking.
155. Which following statement is TRUE?
Business activities of commercial banks are low risk
Business activities of commercial banks are not related to other sector in the economy
Business activities of commercial banks depend on the trust and credibility from
customers
Business activities of commercial banks are not strictly regulated
156. Which following statement is TRUE?
Business activities of commercial banks are low risk
Business activities of commercial banks are conducted through the network of
branches
Business activities of commercial banks are not related to other sector in the economy
Business activities of commercial banks are not strictly regulated
157. Which following statement is FALSE?
Business activities of commercial banks are low risk
Business activities of commercial banks are conducted through the network of
branches
Business activities of commercial banks are related to other sectors in the economy
Business activities of commercial banks are strictly regulated
158. Which following statement is FALSE?
Business activities of commercial banks depend on the trust and credibility from
customers
Business activities of commercial banks are conducted through the network of
branches
Business activities of commercial banks are related to other sectors in the economy
Business activities of commercial banks are not strictly regulated
159. Which following statement is FALSE?
Key business activities of commercial banks are taking deposits, and extending credit,
providing payment services
Business activities of commercial banks are conducted through the network of
branches
Business activities of commercial banks are not strictly regulated
Business activities of commercial banks are related to other sectors in the economy C
160. Which of these is NOT a monetary policy tool?
Discount rate
Income tax rate
Open market operations
Reserve requirements
161. What is not a task of a central bank?
taking deposits from individuals, and households
Printing money
Supervising the banking systems
Conducting the monetary policies
162. Which following statement about the State Bank of Vietnam (SBV) is
FALSE?
SBV is highly independent from the government
It acts as the monetary authority of the country
It controls the money supply
The central banks can act as the banks of the government
163. Which following statement about the State Bank of Vietnam is TRUE?
It is a ministerial-level agency of the government
It supervises the stock markets
It conducts the fiscal policies
It sets the income tax rate
164. Which following statement about the central bank is FALSE?
Central banks implements the fiscal policies
Central bank is the monopoly to issue bank notes
The central banks can act as the banks of the government
The central banks can act as the banks of the commercial banks
165. Which following statement about the State Bank of Vietnam is FALSE?
The State Bank of Vietnam can act as the banks of the government
The State Bank of Vietnam can act as the lender of last resorts
The State Bank of Vietnam is a ministerial-level agency of the government
The State Bank of Vietnam's main responsibility is to finance state budget deficit
166. Which following statement about the State Bank of Vietnam is TRUE?
The State Bank of Vietnam supervises the stock markets
The State Bank of Vietnam supervise state-owned commercial banks
The State Bank of Vietnam highly independent from the government
The State Bank of Vietnam's main responsibility is to conduct monetary policy
167. What is the official name of the central bank of Vietnam?
The Federal Reserve
The Bank of Vietnam
The State Bank of Vietnam
The Vietnam Bank
168. What happens when the central bank BUY government securities on
OMO market (given other monetary tools unchanged)?
The money supply decreases
The money supply increases
The demand for money increases
The demand for money decreases
169. What happens when the central bank SELL government securities on
OMO market (given other monetary tools unchanged)?
The demand for money increases
The demand for money decreases
The money supply decreases
The money supply increases
170. Which of the following functions of a central bank may potentially conflict
with its monetary policy role? 1. Supervisor of the banking system. 2. Banker
to the banking system. 3. Manager of the national debt. 4. Banker to the
government.
3 and 4
2,3 and 4
1 and 4
2 and 4
171. Which of the following are commonly functions of the central bank? 1.
Conduct of monetary policy. 2. Lending to the general public. 3. Supervising
the stock-market. 4. Lending to the commercial banking system.
1 and 4
1 and 3
1,2 and 4
2 and 4
172. Which of the following shows the central bank's function as a state bank?
The central bank is the sole authority to issue cash
Central Bank receives deposits from credit institutions
Central Bank is the lender of last resort to credit institutions
The central bank formulates and implements the national monetary policy.
173. Which of the following shows the central bank's function as a state bank?
The Central Bank receives deposits from the State Treasury.
The central bank is the exclusive entity that issues cash.
Central Bank accepts deposits from credit institutions.
Central Bank is the lender of last resort to credit institutions.
174. What is NOT a characteristic of sight deposits/demand deposit
Relatively low liquidity
Convertibility into cash on demand.
Low or zero interest payments.
Have high fluctuations in closing balance
175. What does NOT belong to banks' mobilized capital
Shareholders' equity capital
Deposits
Certificate of deposits and other valuable papers
Borrowing from other financial institutions
176. When banker received deposits from the acustomer, then the banker
becomes------ of the customer
debtor
creditor
beneficiary
trustor
177. Which type of deposits mainly used for saving and interest rate-earning
purpose?
Demand deposits and Saving deposits
Term deposits and demand deposits
Saving deposits and Term deposits
Recurring deposits and demand deposits
178. Which type of deposits mainly used for payment purpose?
Saving deposits
Time Deposits
Demand deposits
Certificate of deposits
179. Which type of account have high fluctuation in its balance?
Current account
Saving account
Fixed deposits
Overdraft deposits
180. Which type of accounts allows depositors to overdraw the amount from
his/her account?
Saving accounts
Current account with overdraft limit
Fixed deposits
Saving deposits
181. Which of the following statements is true about capital raised from issuing
valuable papers?
A source of infrequent mobilization
A Regularly mobilized capital
A Long-term mobilized capital
A source with low cost of capital
182. Which of the following statements is NOT true bond issuance?
Can raise capital in short, medium and long term
Can raise large capital
Deposit interest rates are usually higher than other deposits
Each issuance must be approved by the state management agency in charge of
securities issuance.
183. Which of the following statements is true about raising capital through
issuing certificates of deposit?
Only mobilizing short-term capital
Only mobilize medium and long-term capital
Can mobilize short-term, medium-term and long-term capital
Each issuance must be approved by the state regulatory agency in the field of
securities
184. Which of the following statements is true about the promissory note of
commercial banks?
As a tool for commercial banks to mobilize short-term capital
As a tool to mobilize medium and long-term capital
As a tool to mobilize short, medium and long-term capital
As a tool for regular capital mobilization of the bank
185. Which of the following statements is true about current (payment)
deposits?
Customers deposit to earn interest
Customers deposit to use payment services
Customers deposit to earn interest, use payment services
Customers deposit to earn interest, secure assets and use payment services
186. Which of the following statements is NOT true about payment deposits?
For corporate customers only
For customers who want to use the bank's payment service
Deposit balance has a higher fluctuation than other types of deposits of commercial
banks
Customers often earn low interest rates
187. Which of the following statements is NOT true about payment deposits?
Customers enjoy low or no interest or no interest rates
The quality of payment service determines the interest rate of payment deposits
Interest rate is not a factor that customers care about when depositing money
Quality of payment service is a factor that customers care about
188. Which of the following statements is true about savings deposit?
Is a deposit reserved for individual customers, deposited to earn interest
As a term deposit, customers deposit to enjoy interest
As a term deposit
Customers deposit to earn interest
189. Which types of valuable papers that commercial banks can issue to raise
capital?
Bonds, certificates of deposit, promissory notes
Bonds, term deposits, promissory notes
Certificate of deposit, promissory note
Bonds, certificates of deposit
190. Which types of valuable papers commercial banks can issue to raise short-
term capital?
Short-term certificates of deposit, promissory notes
Certificate of deposit, promissory note
Certificates of deposit, bonds
191. Which types of valuable papers commercial banks can issue to raise
medium and long-term capital?
Mid-term and long-term certificates of deposit, bonds
Certificate of deposit, promissory note
Certificates of deposit, bonds
Bonds, promissory notes
192. Which following statement is TRUE?
Business activities of commercial banks are low risk
The State bank of Vietnam is independent from the government
To raise medium and long-term capital, commercial banks can issue Mid-term and
long-term certificates of deposit, bonds
Business activities of commercial banks are not strictly regulated
193. Which following statement is FALSE?
Business activities of commercial banks depend on the trust and credibility from
customers
The State bank of Vietnam is the central bank in Vietnam
Key businesses of commercial banks are receiving deposits, lending and providing
payment services
To raise short-term capital, commercial banks can issue bonds
194. Which following statement is FALSE?
Key business activities of commercial banks are taking deposits, and extending credit,
providing payment services
The ultimate goal of monetary policy is economic growth, currency stability and low
unemployment
The State bank of Vietnam is the central bank in Vietnam
The intermediate goal of monetary policy is economic growth, currency stability
andlow unemployment
195. What is the primary source of income for commercial banks?
Fees
Deposits
Interest incomes
Consultant fees
196. What is an overdraft?
A type of bank account.
An agreed amount you can borrow when your account balance runs out.
A check returned unpaid.
A checking account
197. What role does the board of directors of a bank play?
Make loans
Make deposits
Oversee bank activities
Make loans and Make depositspass
198. When the government doesn't control the exchange rate in any way, the
currency is….
freely convertible
totally convertible
absolutely convertible
partly convertible
199. Which of the following best describes the bank system?
Regulated and unsafe
Regulated and safe
Unregulated and safe
Unregulated and unsafe
What is not a function of money?
Standard of deferred payment.
Unit of account.
Means of consumption.
Store of value.
200. What is not an example of commodity money?
Salt
Cigarettes
Shells
Paper notes
201. What is not a characteristic of sight deposits?
Convertibility into cash on demand.
Low or zero interest payments.
Transferability of claims against them.
Relatively low liquidity.
202. We should keep our savings with banks because
It is safe
Earns interest
Can be withdrawn anytime
It is unsafe
203. What is validity period of cheque?
4 months from date of issue
3 months from date of issue
1 month from date of issue
204. Which one is not the characteristic of commercial bank?
Receiving deposit
Providing loan
Bill discounting
Issue of notes and coins
205. Which one is not the function of commercial bank?
Issuing note
Creating medium of exchange
Discounting
Providing loan
206. Which is the regular form of capital mobilization of a commercial bank
Accepting deposit
Issuing valuable papers
Interbank lending
State bank funding
207. Which is not true about the similarities of State bank funding and
interbank lending
Short-term funding
Support liquidity need
Insecured lending
irregular form of capital raising
208. Which is the most important steps in the risk management Process?
Identifying
Controlling
Mitigating
Preventing
209. Which is not true about current account?
Is designed to meet payment needs of customers
Withdraw money at anytime
High interest rate
Issue cheque payment to third party
210. Which is the prospect of loss resulting from inadequate or failed
procedures, systems or policies.
Liquidity risk
Credit risk
Market risk
Operational risk
211. Which is not true about term deposit?
Not flexible for customers to withdraw money before maturity
Low stability
Get higher interest rate than demand deposit
Simple interest
212. Which one cannot be done through 'credit card"
Withdrawal of cash
Receiving loan
Shopping
Money transfer

Y
213. You can obtain cash at any time of the day or night from........an ATM
a bank teller
a bank receptionist
a bank officer

Which of the following statements is False?

<A>Fiat money is not legal tender
Financial intermediaries offer risk transformation and maturity transformation.
The State Bank of Vietnam may act as a lender of last resort.
Money acts as medium of exchange

Financial intermediation is the process that the financial intermediaries

connect ……. and ………… by transferring funds from one side to
another.
<A>Banks and account holders
Borrowers and lenders
Borrowers and securities firms
Investors and lenders
_________ is a market for lending & borrowing of short- term funds.
<A>Money market
Primary market
Capital market
Global market
In this market, securities with MORE than one year maturity are traded:
<A>Money market
Capital market
Global market
Domestic market
Which of the following are characteristic of a financial intermediary?
<A>It prints money
It act as the lenders of last resort
It helps to reduce government budget deficit
It connects borrowers to lenders
Money as a medium of exchange BEST represents that money can be
used:
<A>to purchase goods and services.
as deferred payment for debts.
as savings for its anticipated future value.
to represent a dollar value for a product
What is NOT a task of a commercial bank
<A>Act as the lender of last resort
Make loans and take deposits.
Invest in securities and other financial products
Provide financial advice

Which of the following statements is false?

<A>Commercial banks take deposits and extend credit
Financial markets connect lenders and borrowers
Money serves as a standard of deferred payment
Securities with LESS than one year maturity are traded on primary market

According to current law, banking activities in Vietnam include:

<A>Accepting deposits
Accepting deposits; Credit extension
Accepting deposits; Provide payment service via account
Accepting deposits; Credit extension; Provide payment service via account

Credit institutions in Vietnam include:

<A>Commercial banks
Policy Bank
Non-banking credit institutions
Commercial banks; Policy Bank; Non-banking credit institutions

Which following statement is TRUE?

<A>Business activities of commercial banks are low risk
Business activities of commercial banks are not related to other sector in the
economy
Business activities of commercial banks depend on the trust and credibility
from customers
Business activities of commercial banks are not strictly regulated
Which following statement is TRUE?
<A>Credit risk arises when borrowers fails to fulfill its financial obligations to
the bank.
Liquidity risk arises when banks fail to fulfil required reserve
Commercial banks in Vietnam operate under the Law of Commercial Banks
Commercial banks in Vietnam are supervised by Ministry of Finance

According to current law, which of the following organizations is allowed

to receive demand deposits in Vietnam:
<A>Commercial banks
Finance company
People's Credit Fund
Commercial banks; Finance company; People's Credit Fund

According to current law, which of the following organizations is allowed

to receive deposits in Vietnam:
<A>Commercial banks
Finance company
People's Credit Fund
Commercial banks; Finance company; People's Credit Fund

Which following statement is TRUE?

<A>Finance company are not allowed to provide payment services through
current accounts in Vietnam.
All credit institutions are allowed to provide payment services through current
accounts in Vietnam
Only state-owned commercial banks are allowed to provide payment services
through current accounts in Vietnam
Only big commercial banks are allowed to provide payment services through
current accounts in Vietnam

The goals of monetary policy do NOT include the promotion of

_________________.
Maximum employment
Stable prices
Moderate long-term interest rates
Low taxes

Inflation is a sustained increase in the general level of _____________.

Prices
Accounts
Income
Profit

Which of these is NOT a monetary policy tool?

Discount rate
Income tax rate
Open market operations
Reserve requirements

Monetary policy refers to the control of __________ and __________ in

the economy.
Interest and government debt
Foreign currency and gold reserves
Money and credit
Taxes and government revenue

What is not a task of a central bank?

taking deposits from individuals, and households
Printing money
Supervising the banking systems
Conducting the monetary policies

Which following statement about the State Bank of Vietnam is TRUE?

It is a ministerial-level agency of the government
It supervises the stock markets
It conducts the fiscal policies
It sets the income tax rate

Which following statement about the central bank is FALSE?

Central banks implements the fiscal policies
Central bank is the monopoly to issue bank notes
The central banks can act as the banks of the government
The central banks can act as the banks of the commercial banks

Controlling the money supply to achieve desired macroeconomic goals

is called….?
fiscal policy.
industrial policy
monetary policy
macro-economic policy

The central banks 's monetary policy tool includes:

the discount rate
the discount rate; The reserve requirement rate
the reserve requirement rate; the Open market operation
the discount rate; the reserve requirement rate; the Open market operation

The reserves that a bank is required by law to keep on hand to back up

its deposits are called
required reserves
actual reserves
excessive reserve
discretionary reserve

The function of issuing money of the Central Bank is shown through

which:
The Central Bank has a monopoly to issue banknotes, As a lender of last
resort to credit institutions.
The central bank has a monopoly to issue banknotes; Being the lender of last
resort to credit institutions and formulating and implementing national
monetary policy.
The central bank has a monopoly to issue banknotes and participates in and
controls the creation of money by commercial banks.
The Central Bank has a monopoly to issue banknotes and organizes
payments between commercial banks.

Nowadays, the issuance of money by the Central Bank is based on:

On the basis of a gold guarantee
On the basis of a silver guarantee.
On the basis of the amount of foreign exchange reserves of the country
On the basis of value of the goods.
Which of the following statements is NOT true about current (payment)
deposits?
<A> Very sensitive to market interest rates
Very sensitive to the quality of the bank's payment service
Insensitive to volatility of alternative investment channels
Not sensitive to market interest rates

When banker received deposits from the customer, then the banker
becomes -- ------------ of the customer
<A>debtor
creditor
beneficiary
trustor

Which type of deposits mainly used for saving and interest rate-earning
purpose?
<A>Demand deposits and Saving deposits
Term deposits and demand deposits
Saving deposits and Term deposits
Recurring deposits and demand deposits
<Q> Which type of deposits mainly used for payment purpose?
<A>Saving deposits
Time Deposits
Demand deposits
Certificate of deposits

<Q> Which type of account have high fluctuation in its balance?

<A>Current account
Saving account
Fixed deposits
Overdraft deposits

Which type of accounts allows depositors to overdraw the amount from

his/her account?
<A>Saving accounts
Current account with overdraft limit
Fixed deposits
Saving deposits

According to current regulations in Vietnam, bank deposits include:

<A> Current deposit, term deposit, savings deposit, money raised from
issuance of valuable papers
Term deposit, savings deposit, current deposit
Term deposit, savings deposit
Current deposit, term deposit, savings deposit

..................... is a method of lending that provides a borrower with a fixed

amount of money that must be repaid with regularly scheduled
payments. Each payment includes repayment of a portion of the
principal amount borrowed and also the payment of interest on the debt.
Syndicated loans
Provisional credit line lending
Installment
Distribution of credit card
The total outstanding loan balance of a credit institution for a borrower,
and for a borrower and its affiliated persons, except for special projects
decided by the Prime Minister, must not exceed ...... and .........of the
Bank’s equity capital, respectively.
15%, 35%
15%, 25%
15%, 20%
20%, 25%
Two or more credit institutions are jointly offering a loan to a lending
project
Syndicated loans
Provisional credit line lending
Installment
Distribution of credit card
A commercial banks take short-term deposits to partially lend to
medium-term project. This describes the function of:
<A>Maturity transformation
Credit extension
Create money
Take deposits
Which following statement is TRUE?
<A>Business activities of commercial banks are low risk
Business activities of commercial banks are not related to other sector in the
economy
Business activities of commercial banks depend on the trust and credibility
from customers
Business activities of commercial banks are not strictly regulated

Which of the following statements about liquidity risk of commercial

banks is TRUE?
corpse?
<A>Liquidity risk is the loss of money during the payment process
Liquidity risk arises when banks fail to fulfil required reserve
Liquidity risk arises when borrowers could not repay their money
Liquidity risk arises when commercial banks lacks fund to meet the payment
request, and deposits withdrawal.