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  • sheshable calma

  • 問題数 30 • 10/1/2024

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    問題一覧

  • 1

    The Central Bank of the Philippines is the sole issuer of currency in the country.

    True

  • 2

    Private insurance companies in the Philippines are directly supervised by the Central Bank.

    false

  • 3

    The Central Bank of the Philippines was modeled after the Bank of England.

    True

  • 4

    4.The Monetary Board of the Central Bank includes representatives from the private sector.

    True

  • 5

    The Central Bank can influence the economy by buying and selling government bonds.

    True

  • 6

    One of the Central Bank's objectives is to foster conditions conducive to balanced and sustainable economic growth.

    True

  • 7

    The Central Bank of the Philippines was the first central bank established in Asia.

    false

  • 8

    The Central Bank has the authority to regulate the margin requirements of stock exchange securities.

    true

  • 9

    The Central Bank's primary role is to collect taxes for the government.

    false

  • 10

    The Central Bank of the Philippines is responsible for maintaining the international value of the peso.

    true

  • 11

    The Bangko Sentral ng Pilipinas is the central bank of the Philippines.

    true

  • 12

    The BSP was established in 1993, replacing the Central Bank of the Philippines.

    true

  • 13

    The BSP only regulates commercial banks and does not have authority over other financial institutions.

    false

  • 14

    The BSP's main objective is to control the government's fiscal policies.

    false

  • 15

    The headquarters of the BSP is located in Cebu City.

    false

  • 16

    The Philippine financial system is composed of banks and non-bank financial institutions.

    true

  • 17

    The Bangko Sentral ng Pilipinas is the sole regulator of the entire Philippine financial system.

    false

  • 18

    The Philippine Stock Exchange is the primary securities exchange in the Philippines.

    true

  • 19

    Rural banks in the Philippines primarily serve urban areas.

    false

  • 20

    The Philippine financial system is fully open to foreign banks with no restrictions.

    false

  • 21

    The Philippine financial system includes microfinance institutions aimed at providing financial services to low-income individuals.

    true

  • 22

    AlLbanks in the Philippines are required to be members of the Philippine Deposit Insurance Corporation (PDIC).

    true

  • 23

    The-Philippine financial system has a well-developed bond market compared to other Southeast Asian countries.

    false

  • 24

    Non-bank financial institutions in the Philippines are not allowed to engage in lending activities.

    false

  • 25

    The BSP implements monetary policy in the Philippines to manage inflation andensure economic stability

    true

  • 26

    Credit cooperatives are an integral part of the Philippine financial system.

    true

  • 27

    The Philippine financial system has experienced no significant reforms since the 1990s.

    false

  • 28

    The Anti-Money Laundering Council (AMLC) is responsible for preventing and investigating money laundering activities in the Philippine financial system.

    true

  • 29

    Universal banks in the Philippines are allowed to perform both commercial banking and investment banking activities.

    true

  • 30

    The Philippine financial system does not include Islamic banking services.

    false