Questions and Answers
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.
In addition to monetary contributions, what other types of contributions can the private portion of the Fund receive?
Materials, equipment, properties, services, and monetary contributions
Which institution is responsible for administering the Higher Education Development Fund?
The Commission
What is the amount of seed capital authorized for the Fund?
Signup and view all the answers
Which government agency may the Commission seek assistance from for proper implementation of this Act?
Signup and view all the answers
Which statement is true regarding donations, contributions, bequests, and grants made to the Commission?
Signup and view all the answers
What is the source of the initial $50 million appropriation for the Commission's operation?
Signup and view all the answers
Which of the following types of donation, contribution, bequest, or grant is NOT valid to be made to the Commission?
Signup and view all the answers
Based on the information provided, what is the primary function of the Commission?
Signup and view all the answers
Which of the following is NOT a condition for the sound and judicious management of the Fund by the Commission?
Signup and view all the answers
