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Ikut Turutan
Universiti
Bahasa Inggeris

FINANCIAL SERVICE ACT 2013

zulhakimsuhaimi00

22

10 soalan

Allow incorrect answer

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# 1pilihan
What is the main purpose of the Financial Services Act 2013?
To promote foreign investments
To regulate and supervise financial institutions
To manage the stock exchange
To handle tac collection
# 2pilihan
Which body enforce the Financial Services Act 2013 in Malaysia?
Securities Commission
Ministry of finance
BNM
Bursa Malaysia
# 3pilihan
What is one of the key responsibilities of an insurance broker under the FSA
To promote foreign investments
To act in the best interest of the customer
To hide policy details from customer
To deny claims automatically
# 4pilihan
Under the FSA, insurance companies must ensure that policyholders receive:
Misleading terms and conditions
Fair and transparent policy information
High premium rates
No claim settlements
# 5pilihan
What happens if an insurance company violates FSA regulations?
A) They receive rewards from the government
B) The company is exempt from all future regulations
C) They may face fines, penalties, or license revocation
Nothings happen
# 6pilihan
Under the FSA 2013, what must an insurance company obtain before operating?
A. Tax certificate
B. Insurance policy
C. License from Bank Negara Malaysia
D. Certificate from Securities Commission
# 7pilihan
What is meant by “insurance licence” in the context of FSA 2013?
A. Licence to sell investment products
B. Licence that allows a person or company to legally carry on insurance business
C. Licence to open an insurance
D. Licence to participate in a takaful scheme
# 8pilihan
What is the role of Bank Negara Malaysia in regulating insurance under the FSA 2013?
A. Sell insurance policies
B. Set global insurance standards
C. Supervise and enforce insurance laws
D. Promote insurance advertisement
# 9pilihan
According to FSA 2013, which of the following is NOT included in ‘insurance business’?
A. Life insurance
B. General insurance
C. Share investment
D. Accident insurance
# 10pilihan
Which Act works alongside FSA 2013 to regulate Islamic insurance (Takaful)?
A. Insurance Act 1996
B. Takaful Act 1984
C. Islamic Financial Services Act 2013 (IFSA 2013)
D. Malaysia Islamic Law Act 2001
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