True or False

1. Joseph Estrada served as Vice President under President Corazon Aquino from
1986-1992.
2. Estrada’s margin of victory was the biggest ever registered in Philippine electoral
history.
3. Estrada gave more land to farmers compared to what both the Aquinos gave
combined.
4. Estrada did not use his popularity as an actor to make gains in politics.
5. Even with its strong economic team, the Estrada administration failed to
capitalize on the gains of the previous administration.

MCQ
1. This law liberalizes the securities market by shifting policy from merit regulation
to full disclosure.
a. Retail Trade Liberalization Act
b. New General Banking Act
c. Electronic Commerce Act of 2000
d. New Securities Act
2. Geared at expanding and revitalizing previous productivity enhancement
programs.
a. Farmer’s trust fund
b. PAOCTF
c. Agrikulturang Maka-MASA
d. Lingap Para sa Pangarap
3. It is a major step in the reconstruction of the U.S. - Philippine defense
relationship.
a. E-Commerce Act
b. Visiting Forces Agreement
c. Foreign investments
d. PAOCTF
4. Agrikulturang Maka-MASA projects by the department addressed these three
basic tasks except
a. increasing productivity and improving competitiveness
b. raising rural incomes and easing poverty
c. provide insurance protection to participating farmers and other groups in case
of force majeure or bad management
d. promoting food security for every Filipino
5. Designed to protect and preserve the environment and ensure the sustainable
development of its natural resources
a. Philippine Clean Air Act of 1999
b. Agrikulturang Maka-MASA
c. New Securities Act
d. Lingap Para sa Pangarap