Meaning And Segments of Financial System - SS1 Economics Past Questions and Answers - page 1
1
Which of the following is NOT a segment of the financial system?
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A
Financial Institutions
B
Financial Markets
C
Payment and Settlement Systems
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D
Regulatory Bodies
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E
Manufacturing Companies
2
Which of the following financial instruments provides ownership in a company?
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A
Stocks
B
Bonds
C
Derivatives
D
 Mutual Funds
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E
All of the above
3
Which of the following payment systems allows for the transfer of funds between bank accounts?
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A
Credit Card Networks
B
Electronic Funds Transfer Systems
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C
PayPal
D
Venmo
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E
All of the above
4
Which of the following financial institutions is owned by its members and operates on a non-profit basis?
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A
 Banks
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B
Credit Unions
C
 Insurance Companies
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D
Hedge Funds
E
Venture Capital Firms
5
What is the role of financial institutions in the financial system?
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6
What is the purpose of regulatory bodies in the financial system?
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