how the game works - alliance for financial inclusion · how the game works the 2015 afi global...

How the Game Works

THE 2015 AFI GLOBAL POLICY FORUM INSPIRING INNOVATION TO ADVANCE INCLUSION

An emcee will read out a multiple-choice question, which will also be shown on the screen. Time limit is also indicated for each question. There are a total of 25 questions. In a case of ties, there will be a tie-breaking round.

For example:

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How the Game Works


Your team must work together to decide on the final answer within the given time limit. When time is up, raise a cardboard showing the number that corresponds to your selected answer.

1) G

2) B

3) H

4) A

5) F

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You will forfeit a score on that question if you do not show the answer when time is up.

2

Getting Help from the Audience


Alternatively, you can seek help from the audience through‘wisdom of the crowd’ option.

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Wisdom of the crowd

With this option, your team will have a chance to see the aggregate voting results from the audience before deciding on the final answer.

To use this option, raise the cardboard showing the phrase ‘wisdom of the crowd’ when time is up.

You must indicate the final answer within 10 seconds after the voting result appears on the screen. A team that does not use this option cannot change its initial answer.

Each team is allowed to use the ‘wisdom of the crowd’ option only twice for the entire game. This option is not allowed during the tie-breaking.

Which is the first alphabet in English?

THE 2015 AFI GLOBAL POLICY FORUM INSPIRING INNOVATION TO ADVANCE INCLUSION 4

20 %22 %

10 %

40 %

8 %

1 2 3 4 5

1) G

2) B

3) H

4) A

5) F

Example: voting results from the audience

Participation for the Audience


• Audience can participate in this game by answering the questions with voting devices. For each question, please use the device to select the answer you think is correct.

• Make sure to vote within the time limit set for the question. Otherwise, your vote will not be counted.

• Use the same voting device for the entire game. The system will keep track of the number of correct answers for each device.

• Vote Fast! The faster you vote for the correct answer, the higher score you will get.

5

Additional Rules


The following is not allowed among the team members:

х Using phones, tablets, laptops

х Consulting the audience

х Consulting a member of other teams

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The Game Starts Now.

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Time allowed: 15 seconds

Q1: Which region has been most active in AFI network in 2014 (based on the Member Engagement Index)?

1. The Pacific2. Sub-Saharan Africa3. Latin America & the Caribbean4. Eastern Europe & Central Asia


The correct answer is…


Q1: Which region has been most active in AFI network in 2014 (based on the Member Engagement Index)?

1.The Pacific



Q2: Which of the following countries did notlaunch its national financial inclusion strategy this year?

1. Peru

2. Philippines

3. Pakistan

4. Colombia


Q2: Which of the following countries did notlaunch its national financial inclusion strategy this year?

4. Colombia



Q3: According to the World Bank’s Findex2014 data, what is the approximate number of the unbanked globally ?

1. 2.7 Billion2. 1.7 Billion3. 2.0 Billion4. 1.5 Billion


Q3: According to the World Bank’s Findex2014 data, what is the approximate number of the unbanked globally ?

3. 2.0 Billion



Q4: Which of the following institutions made a commitment to the Maya Declaration in the same year that the Declaration was launched?

1. Bangladesh Bank

2. Superintendencia de Bancos de Guatemala

3. Banque Centrale de la République de Guinée

4. Bank Indonesia

5. Bank of Papua New Guinea


Q4: Which of the following institutions made a commitment to the Maya Declaration in the same year that the Declaration was launched?

3. Banque Centrale de la République de Guinée



Q5: A 2013 IFC/McKinsey report titled “Closing the credit gap for Formal and Informal Micro, Small, and Medium Enterprises” stated that the estimated credit gap faced by MSMEs in developing countries is:

1. 20 billion – 40 billion USD

2. 1 Trillion USD

3. 2.1-2.6 Trillion USD

4. There is no credit gap.


Q5: A 2013 IFC/McKinsey report titled “Closing the credit gap for Formal and Informal Micro, Small, and Medium Enterprises” stated that the estimated credit gap faced by MSMEs in developing countries is:

3. 2.1-2.6 Trillion USD



Q6: Which of the following is not a supply-side data source?

1. Global Findex2. IMF Financial Access Survey3. GSMA Mobile Money Adoption Survey4. FinAccess Surveys


Q6: Which of the following is not a supply-side data source?

1.Global Findex



Q7: Who was AFI’s 100th member institution?

1. Bank of Jamaica2. Central Bank of Trinidad & Tobago 3. Ministerio de Economía y Finanzas de Uruguay4. La Comisión Nacional de Bancos y Seguros de

Honduras


Q7: Who was AFI’s 100th member institution?

2. Central Bank of Trinidad & Tobago



Q8: Which of the following can negatively impact your credit rating/credit score?

1. Making late payments on loans and debts

2. Staying in one job too long

3. Living in the same location too long

4. Using your credit card frequently for purchases


Q8: Which of the following can negatively impact your credit rating/credit score?

1.Making late payments on loans and debts



Q9: The definition of financial inclusion that reads “The regular use of financial services, through payment infrastructures to manage cash flows and mitigate shocks, which are delivered by formal providers through a range of appropriate services with dignity and fairness.” was drafted by which Institution?

1. AFI

2. Bank of Uganda

3. Superintendencia de Bancos de Guatemala

4. Bank of Tanzania

5. Bank of Zambia


Q9: The definition of financial inclusion that reads “The regular use of financial services, through payment infrastructures to manage cash flows and mitigate shocks, which are delivered by formal providers through a range of appropriate services with dignity and fairness.” was drafted by which Institution?

4. Bank of Tanzania



Q10 Which country’s financial literacy mascot is shown here?1. Belarus2. Fiji3. Maldives4. Malawi5. Seychelles


Q10 Which country’s financial literacy mascot is shown here?

2. Fiji


Q11: In the digital financial services space, which of the following terms is not a level of Interoperability according to the AFI Guideline Note No 15?

1. Interconnected2. Technically Intertwined3. Theoretically interoperable4. Functionally interoperable



Q11: In the digital financial services space, which of the following terms is not a level of Interoperability according to the AFI Guideline Note No 15?

2. Technically Intertwined


Q12: Which of the following regions has the highest number of quantified targets under the Maya Declaration?

1. Sub-Saharan Africa

2. Asia-Pacific

3. Latin America & the Caribbean

4. Middle East and North Africa

5. Europe & Central Asia



Q12: Which of the following regions has the highest number of quantified targets under the Maya Declaration?

1.Sub-Saharan Africa


Q13: The minimum Common Equity Tier 1 ratio (CET1) to be maintained by banks at all times according to Basel III is set at:

1. 10%

2. 4.5%

3. 0.9%

4. 3.5%



Q13: The minimum Common Equity Tier 1 ratio (CET1) to be maintained by banks at all times according to Basel III is set at:

2. 4.5%


Q14: Which of the following statements is notcorrect about most ATM cards?

1. You can get cash anywhere in the world with no fee2. You must have a bank account to have an ATM card3. You can generally get cash 24 hours-a-day4. You can generally obtain information concerning your bank

balance at an ATM machine



Q14: Which of the following statements is notcorrect about most ATM cards?

1.You can get cash anywhere in the world with no fee


Q15: In 2014, AFI collected Policy Profiles from member countries. Among the countries that responded, about how many % have an official definition of financial inclusion?

1. 10%2. 30%3. 50%4. 70%5. 100%



Q15: In 2014, AFI collected Policy Profiles from member countries. Among the countries that responded, about how many % have an official definition of financial inclusion?

2. 30%


Q16: In the digital financial services space, what does NFC stand for?

1. New Features Coming

2. Near Feel Comms

3. National Financial Customers

4. Near Field Communication



Q16: In the digital financial services space, what does NFC stand for?

4. Near Field Communication


Q17: Which of the following statement is not true?

1. SME Finance is an area of priority for Turkey’s current presidency of the G20.

2. The Addis Ababa Action Agenda acknowledges AFI’s role in promoting peer learning on financial inclusion.

3. In 2010, the FATF revised its international standards to recognize risk-based approach to AML/CFT.

4. Demand-side data is usually not collected from financial institutions.



Q17: Which of the following statement is not true?

3. In 2010, the FATF revised its international standards to recognize risk-based approach to AML/CFT.


Q18: What element is not included is the MFS definition according to the MFSWG MFS Basic Terminology Guideline Note, according to the AFI Guideline Note No.1?

1. Mobile Phone2. Financial Transactions3. Non-Transactional Services4. Cash



Q18: What element is not included is the MFS definition according to the MFSWG MFS Basic Terminology Guideline Note, according to the AFI Guideline Note No.1?

4. Cash


Q19: What is one of the main concerns when analyzing Basel III regarding SME Finance?

1. Banks will not be encouraged to lend to SMEs because of more stringent requirements.

2. Banks will benefit from special capital risk weight considerations for SMEs loans.

3. The new prudential international standards on liquidity and capital might not be in line with financial inclusion goals.

4. 1. & 3.



Q19: What is one of the main concerns when analyzing Basel III regarding SME Finance?

4. 1. & 3.


Q20: Consumer Empowerment and Market Conduct working group guideline note #9 on help and redress of financial consumers outlines 5 minimum requirements to develop an effective help & redress mechanism for financial consumers. Which one of the following is not one of the requirements?

1. Internal dispute resolution

2. Accessibility

3. Consumer awareness

4. Debt resolution

5. Feedback mechanism Time allowed: 15 seconds


Q20: Consumer Empowerment and Market Conduct working group guideline note #9 on help and redress of financial consumers outlines 5 minimum requirements to develop an effective help & redress mechanism for financial consumers. Which one of the following is not one of the requirements?

4. Debt resolution



Q21: Which AFI service is used by 88 percent of all member institutions and is the No. 1 service category?

1. Working Groups

2. GPF

3. AFI Member Zone

4. Grants

5. Joint Learning Programs



Q21: Which AFI service is used by 88 percent of all member institutions and is the No. 1 service category?

3. AFI Member Zone



Q22: What feature is a good example of the expansion from MFS to DFS?

1. Mobile enabled e-money wallets

2. E-Money payment cards

3. Mobile Phone USSD payments screen

4. None of the above



Q22: What feature is a good example of the expansion from MFS to DFS?

2. E-Money payment cards


Q23: What affects the amount of interest that you would pay on a loan?

1. Your credit rating

2. How much you borrow

3. How long you take to repay the loan

4. All of the above



Q23: What affects the amount of interest that you would pay on a loan?

4. All of the above


Q24: In 2014, AFI collected Policy Profiles from member countries. Among the countries that responded, about how many % have specific regulation on financial consumer protection?

1. 20%2. 40%3. 60%4. 80%



Q24: In 2014, AFI collected Policy Profiles from member countries. Among the 44 countries that responded, about how many % have specific regulation on financial consumer protection?

3. 60%


Q25 What could be the role of Central Banks and Financial Regulators while trying to foster SME Finance?

1. Drafting enabling prudential regulations2. Contributing to Financial Literacy and Capacity Building

efforts3. Providing avenues for redress, advisory and resolution

mechanisms4. All of the above



Q25 What could be the role of Central Banks and Financial Regulators while trying to foster SME Finance?

4. All of the above


Tie-breaking Round

83

Rules


Each remaining team continue with the quiz. A team with an incorrect answer will automatically be eliminated.

If every remaining team provides an incorrect answer, all teams will continue.

The process of elimination continues until one team is left. That team is crowded as the winner.

84


Q1: Which of the following statement is true?

1. AFI’s platform to collaborate with the private sector is also known as PPE.

2. The newest member institution of AFI is from Africa.

3. Majority of Maya Declaration signatory institutions have updated their commitments at least once.

4. The Dili Consensus on Financial Inclusion in the Pacific Islands includes a specific clause on the importance of inclusive insurance.

85



Q1: Which of the following statement is true?

4. The Dili Consensus on Financial Inclusion in the Pacific Islands includes a specific clause on the importance of inclusive insurance.

87


Q2: Which of the following statement is NOT true about the Maya Declaration?

1. SBS del Peru’s Maya commitment include a specific target on psychometrics.

2. China has a Maya commitment made jointly by the Central Bank and a bank regulator.

3. There are currently 54 institutional commitments to the Maya Declaration.

4. There is one institution that sets a quantified target at a cross-country level, under the Maya Declaration.

5. National Financial Inclusion Strategy is one of the top three thematic areas among the Maya commitments.

88



Q2: Which of the following statement is NOT true about the Maya Declaration?

5. National Financial Inclusion Strategy is one of the top three thematic areas among the Maya commitments.

90


Q3: Which AFI service category has seen the largest increase in usage in 2014?

1. Capacity Building Programs2. Peer Reviews 3. Working Groups4. Knowledge Exchange Grants

91



Q3: Which AFI service category has seen the largest increase in usage in 2014?

2. Peer Reviews

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