12 Questions
Bank management deals with financial relations unrelated to banking activities.
False
A bank management system primarily focuses on minimizing profit to ensure long-term sustainability.
False
Risk management in bank management does not include credit risks.
False
The duty of a bank manager involves supervising the recruitment of tellers.
False
A bank manager is responsible for preparing and analyzing the branch's financial statements.
True
The importance of Bank Management includes managing capital adequacy.
True
The Bangko Sentral ng Pilipinas (BSP) was established on 3 July 1993.
False
The BSP enjoys fiscal and administrative autonomy from the National Government.
True
The primary objective of the BSP is to promote and maintain monetary instability.
False
The BSP does not supervise operations of banks.
False
The Philippine Deposit Insurance Corporation (PDIC) is mentioned in the text before the section about the objectives of the BSP.
True
One of the functions of the BSP is to oversee payments and settlements system.
True
Test your knowledge on bank management systems, including strategic analysis, policy development, and risk management. Explore how proper supervision of banking processes can maximize profit and ensure efficient financial relations.
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