Monetary Policy and Central Banking

QUIZ:

1. How much shall be the capital of the Bangko Sentral Ng Pilipinas?

2-3. What are the primary objectives of the Bangko Sentral ng Pilipinas?
3.
4. How many members composed the monetary board?
5. How many years is the given term to the monetary Board members?
6. How many times can they be appointed as the monetary board members?
7. Who appoints the monetary board members?
8. The Governor’s appointment is subject to the confirmation of _______________.
Give at least two reasons that the monetary board member may removed from his post.
9.
10.
11. How many times in a month should the monetary board meet?
12. How many deputy governors may be appointed?
13. He shall be the principal representative of the monetary board and of the Bangko Sentral.
14. How many members of the Governor should concur for the action plan to be implemented in case
of emergency and meeting is not possible.
15. All the decisions of the monetary board requires the concurrence of how many members?
16. The Governor of the BSP has the power to issue __________ for those who refuse to supply the
bank with data requested.
Give at least two prohibitions to the BSP Personnel.
17.
18.
19. How many times should the Banks and quasi banks be examined by the supervising and examining
department of the BSP.
20. Who shoulders the examination fee?
21. It is appointed by the monetary board to restore the viability of the Bank or quasi bank.
22. Who is the receiver of the banks?
23. This is the conversion of assets of the institutions to money and dispose the same to the creditors
and other parties.
24. What is the punishment to an officer, owner, director, or manager who refuse to make reports or
refuse to permit examination?
25. What is the punishment to an officer, owner, director, or manager who made a FALSE OR
MISLEADING INFORMATION.

26-30. Differentiate Subsidiaries from affiliates.