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Questions and Answers
During which era did the first financial institution, Obras Pias, operate in the Philippines?
During which era did the first financial institution, Obras Pias, operate in the Philippines?
- Spanish era (correct)
- Post-war era
- American era
- Japanese era
What was the main purpose of Obras Pias?
What was the main purpose of Obras Pias?
- To promote trade between the Philippines and Mexico
- To facilitate international banking transactions
- To offer interest-free loans to the public
- To provide financial support to pious Catholics (correct)
When did Obras Pias cease to operate?
When did Obras Pias cease to operate?
- 1820
- 16th century
- 1851 (correct)
- The present
Which race or influence dominated the Philippines during the American era?
Which race or influence dominated the Philippines during the American era?
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How can the banking history of the Philippines be divided?
How can the banking history of the Philippines be divided?
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