Culture, Economy and Society (Singapore)

Economy and Society

25 practice questions, each with the answer and an explanation.

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Random questions from this topic, one at a time. You see the answer and the explanation straight after each one.

All 25 questions

  1. What is the currency of Singapore?
  2. Which institution acts as Singapore's central bank?
  3. Which airline is the national carrier of Singapore?
  4. Which body was set up in 1961 to attract foreign investment and guide industry?
  5. What is the Central Provident Fund, set up in 1955?
  6. About how many Singapore residents live in public housing flats built by the HDB?
  7. In which year did the first MRT line open in Singapore?
  8. What is Electronic Road Pricing, introduced in 1998?
  9. What is the Certificate of Entitlement system, started in 1990?
  10. At about what age do Singapore pupils take the Primary School Leaving Examination?
  11. Which university, founded in 1905 as a medical school, is Singapore's oldest?
  12. What is Temasek Holdings?
  13. At what rate was Goods and Services Tax first introduced in Singapore in 1994?
  14. Which currency can be used at par with the Singapore dollar under a 1967 agreement?
  15. Which exchange lists shares of Singapore companies?
  16. Why is Singapore's port important?
  17. Why must Singapore import most of its food and raw materials?
  18. For how many years does Singapore's Compulsory Education Act, in force since 2003, require children to attend primary school?
  19. In which year was Malaysia-Singapore Airlines, owned by two governments, split into two separate carriers?
  20. Who must serve National Service in Singapore?
  21. A product costs 400 dollars before tax. How much did it cost in 1994 with the 3 percent GST?
  22. Which list puts these bodies in order of founding: HDB, EDB and MAS?
  23. Which three accounts make up the Central Provident Fund for most working-age members?
  24. Which order from earliest to latest is correct: Causeway, Changi Airport, MRT, ERP?
  25. A flight leaves Singapore at 10:00 and takes two hours to Bangkok, which uses UTC plus 7. What is the local arrival time in Bangkok?

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