Podcast
Questions and Answers
Which historical period saw the development of the banking system starting in the temples of Babylon?
Which historical period saw the development of the banking system starting in the temples of Babylon?
- 16th Century
- 2nd Century A.D.
- 19th Century
- 4th Century B.C. (correct)
What evidence of credit transactions was found in the ruins?
What evidence of credit transactions was found in the ruins?
- Clay tablets (correct)
- Stones with inscriptions
- Metallic coins
- Papyrus scrolls
Which family was known as the greatest moneylenders of the 16th century?
Which family was known as the greatest moneylenders of the 16th century?
- Medici Family
- Rothschild Family
- Fugger Family (correct)
- Vanderbilt Family
What was the first bank in the Philippines that started its operation in 1851?
What was the first bank in the Philippines that started its operation in 1851?
Which event led to the accessibility of European markets?
Which event led to the accessibility of European markets?
By the end of the Spanish Regime, how many banks were in operation in the Philippines?
By the end of the Spanish Regime, how many banks were in operation in the Philippines?
What was the primary objective explicitly stated in the New Central Bank Act of 1993?
What was the primary objective explicitly stated in the New Central Bank Act of 1993?
Which bank was the first private bank with genuine Filipino capital that opened in 1938?
Which bank was the first private bank with genuine Filipino capital that opened in 1938?
What was the purpose of creating the Postal Savings Bank in 1906?
What was the purpose of creating the Postal Savings Bank in 1906?
In which era were only Filipino and Japanese-owned banks given permission to operate?
In which era were only Filipino and Japanese-owned banks given permission to operate?
What did Executive Order 96 do regarding Japanese occupation deposits?
What did Executive Order 96 do regarding Japanese occupation deposits?
What did the General Banking Act provide for all banking institutions?
What did the General Banking Act provide for all banking institutions?
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