5 Questions
What is the basic function of the financial system?
Moving funds from surplus to shortage through financial markets and intermediaries
What is the primary responsibility of Bangko Sentral ng Pilipinas (BSP)?
Monetary policy and operations
What is the mandated control requirement for domestic banks in the Philippines?
60% of the banking system's resources
Which function falls under the responsibilities of Bangko Sentral ng Pilipinas (BSP)?
Financial supervision
What aspect is NOT a responsibility of Bangko Sentral ng Pilipinas (BSP)?
Fiscal and administrative autonomy
Test your knowledge of the Philippine financial system with this quiz. Explore topics such as financial markets, intermediaries, and the role of Bangko Sentral ng Pilipinas. Prepare for BA 132 and gain insights into the functioning of the financial system in the Philippines.
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