A) 180 days B) 90 days C) 360 days D) 3 years
A) 10 years B) 360 days C) 5 years D) 180 days
A) A unanimous vote of all bank employees B) At least 5 members C) At least 7 members D) At least 3 members
A) Makati City B) Pasig City C) Quezon City D) Manila City
A) Cease and Desist Order B) Gold Reserve swap C) Rediscounting privilege D) Emergency Loan Authorization
A) Scheduled bank B) Clearinghouses C) Fiscal agent
A) Fiscal Agent B) Clearinghouse C) Scheduled bank
A) Examination and fees B) Authority to obtain data and information C) Supervision and examination
A) Liquidity management B) Currency Issue C) Lender of last resort
A) Disposition of Banking Franchise B) Appointment of Conservator C) Bank Deposits and Investment
A) September 1998 B) September 1997 C) September 1995 D) September 1999
A) Public Resource Management B) Human Resource Management C) Accountability D) Transparency
A) 0.05% B) 50% C) .0.005% D) 0.5%
A) PRGF B) IEO C) IMF D) ESF
A) Qualitative Performance Criteria B) Prior Actions C) Indicative Target D) Quantitative Performance Criteria
A) Countries without financial problems. B) All wealthy countries C) Only developed countries D) Eligible low-income countries with long-term balance of payments problems
A) Summing Up B) Articles of Agreement C) Annual Report D) Financial Statement
A) 190 countries B) 189 countries C) 191 countries D) 193 countries
A) 20 members B) 25 members C) 24 members D) 12 members
A) Bilateral borrowing B) World Bank donations C) Member taxes D) Quotas
A) Managing Director → Board of Governors → Executive Board B) Board of Governors → Managing Director → Executive Board C) Executive Board → Managing Director → Board of Governors D) Board of Governors → Executive Board → Managing Director
A) To regulate all commercial banks and financial institutions worldwide. B) To maintain the stability of the international monetary system, including exchange rates and international payments. C) To ensure that all countries have the same level of economic development. D) To provide permanent financial assistance to all developing countries.
A) Development Committee B) Board of Governors C) Executive Board D) International Monetary and Financial Committee (IMFC)
A) Bilateral borrowing → Multilateral borrowing → Quota contributions B) Quota contributions → Bilateral borrowing → Multilateral borrowing C) Member countries' quota contributions → Multilateral borrowing → Bilateral borrowing D) Multilateral borrowing → Quota contributions → Bilateral borrowing
A) Standby Credit Facility (SCF) B) Extended Credit Facility (ECF) C) Extended Fund Facility (EFF) D) Rapid Credit Facility (RCF)
A) Poverty Reduction Strategy Paper (PRSP) B) Central Banking Charter C) ESF‑HAC Agreement D) IMF Annual Report
A) To give rich countries free grants B) To increase high‑interest loans C) To stop all government spending D) To make poverty reduction and economic growth central to IMF lending for poor countries
A) To control private businesses. B) To collect taxes from citizens. C) To manage money properly. D) To increase the prices of goods.
A) Economic instability B) Price stability C) Increased poverty D) Higher unemployment
A) When benefits reach all members of society, including the poor. B) When only large companies become successful. C) When the government increases taxes D) When only rich people benefit.
A) To finance every private business. B) To replace all domestic currency. C) To meet foreign currency demands and support peso stability D) To guarantee profits for commercial banks.
A) A bank cannot maintain adequate liquidity B) A bank plans to increase employee salaries C) A bank wants to open another branch D) A bank introduces a new savings account
A) Production Credit B) Advances Credit C) Other Credits D) Commercial Credit
A) At least 3 B) At least 5 C) At least 2 D) All 7 members
A) They are available only to individual depositors. B) They are always granted without collateral. C) They are exclusively intended for purchasing consumer goods D) They may be granted against acceptable collateral, subject to BSP rules
A) It cannot be converted to cash B) High correlation with other assets C) Diversification D) It generates monthly interest
A) Hedge B) Speculative asset C) Liability D) Risk
A) To promote the bank's products and service B) To increase the bank's number of customers C) To check the bank's safety, financial condition, and compliance with regulations D) To determine the salaries of bank employees
A) So the bank can avoid paying taxes B) So the bank can pay its short-term obligations when needed C) So the bank can increase its employees D) So the bank can advertise more
A) Only when a complaint is filed B) Every 6 months C) At least every 12 months D) Every 24 months |