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