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 (C)</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 (C)</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 (A)</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 (B)</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 (D)</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 (D)</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 (C)</p> Signup and view all the answers

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