BSP Quiz
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Questions and Answers

How many members make up the monetary board of the BSP?

  • 7 members (correct)
  • 11 members
  • 9 members
  • 5 members
  • How many Deputy Governors can the Governor of BSP appoint without approval of the Monetary Board?

  • 4 Deputy Governors
  • 2 Deputy Governors
  • 1 Deputy Governor
  • 3 Deputy Governors (correct)
  • For how long will Eli M. Remolana Jr. serve as Governor and Chairman of the Monetary Board?

  • Five-year term
  • Seven-year term
  • Six-year term (correct)
  • Four-year term
  • Where did Eli M. Remolana Jr. work for 14 years before moving to the BSP?

    <p>Federal Reserve Bank of New York</p> Signup and view all the answers

    What was Eli M. Remolana Jr.'s role at the Bank of the Philippine Islands before joining the BSP?

    <p>Independent director</p> Signup and view all the answers

    What is the term length for the Governor and Chairman of the Monetary Board of the BSP?

    <p>6 years</p> Signup and view all the answers

    How many years did Eli M. Remolona Jr. work at the Bank for International Settlements before moving to the BSP?

    <p>19 years</p> Signup and view all the answers

    How many members are appointed by the President of the Philippines to the monetary board of the BSP?

    <p>7 members</p> Signup and view all the answers

    How many Deputy Governors can the Governor of BSP appoint, subject to the approval of the Monetary Board?

    <p>Up to 3 Deputy Governors</p> Signup and view all the answers

    Before moving to the BSP, what was Eli M. Remolona Jr.'s role at the Bank of the Philippine Islands?

    <p>Risk management committee member</p> Signup and view all the answers

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