10 Questions
How many members make up the monetary board of the BSP?
7 members
How many Deputy Governors can the Governor of BSP appoint without approval of the Monetary Board?
3 Deputy Governors
For how long will Eli M. Remolana Jr. serve as Governor and Chairman of the Monetary Board?
Six-year term
Where did Eli M. Remolana Jr. work for 14 years before moving to the BSP?
Federal Reserve Bank of New York
What was Eli M. Remolana Jr.'s role at the Bank of the Philippine Islands before joining the BSP?
Independent director
What is the term length for the Governor and Chairman of the Monetary Board of the BSP?
6 years
How many years did Eli M. Remolona Jr. work at the Bank for International Settlements before moving to the BSP?
19 years
How many members are appointed by the President of the Philippines to the monetary board of the BSP?
7 members
How many Deputy Governors can the Governor of BSP appoint, subject to the approval of the Monetary Board?
Up to 3 Deputy Governors
Before moving to the BSP, what was Eli M. Remolona Jr.'s role at the Bank of the Philippine Islands?
Risk management committee member
Test your knowledge about the Bangko Sentral ng Pilipinas (BSP) with this quiz. Learn about the creation, powers, and functions of the BSP as established by the New Central Bank Act of 1993. Challenge yourself to understand the roles of the monetary board and the Governor of the BSP.
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