Podcast
Questions and Answers
What is the purpose of appointing a separate staff for the administration of the Fund, as mentioned in the text?
What is the purpose of appointing a separate staff for the administration of the Fund, as mentioned in the text?
- To separate the administration of the Fund from the Commission Secretariat. (correct)
- To ensure efficient management of the Fund.
- The text does not specify the purpose of appointing a separate staff.
- To provide employment opportunities for qualified individuals.
In addition to monetary contributions, what other types of contributions can the private portion of the Fund receive?
In addition to monetary contributions, what other types of contributions can the private portion of the Fund receive?
- Monetary contributions and donations only
- Donations and gifts only
- Materials, equipment, properties, services, and monetary contributions (correct)
- Materials, equipment, properties, and services
Which institution is responsible for administering the Higher Education Development Fund?
Which institution is responsible for administering the Higher Education Development Fund?
- A private financial institution
- The Commission (correct)
- A reputable government financial institution
- The government financing institutions
What is the amount of seed capital authorized for the Fund?
What is the amount of seed capital authorized for the Fund?
Which government agency may the Commission seek assistance from for proper implementation of this Act?
Which government agency may the Commission seek assistance from for proper implementation of this Act?
Which statement is true regarding donations, contributions, bequests, and grants made to the Commission?
Which statement is true regarding donations, contributions, bequests, and grants made to the Commission?
What is the source of the initial $50 million appropriation for the Commission's operation?
What is the source of the initial $50 million appropriation for the Commission's operation?
Which of the following types of donation, contribution, bequest, or grant is NOT valid to be made to the Commission?
Which of the following types of donation, contribution, bequest, or grant is NOT valid to be made to the Commission?
Based on the information provided, what is the primary function of the Commission?
Based on the information provided, what is the primary function of the Commission?
Which of the following is NOT a condition for the sound and judicious management of the Fund by the Commission?
Which of the following is NOT a condition for the sound and judicious management of the Fund by the Commission?
