Questions and Answers
What is the minimum percentage of their unimpaired surplus that government financing institutions must contribute to the Fund starting in Fiscal Year 1995?
3%
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 condition must be met for the Commission to appoint a reputable government financial institution as the portfolio manager of the Fund?
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Which of the following is NOT a condition for the sound and judicious management of the Fund by the Commission?
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Based on the text, which of the following statements is TRUE regarding the utilization of the Fund?
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Which of the following statements is NOT true about the guidelines for the use of the Fund?
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What is the maximum percentage of their unimpaired surplus that government financing institutions can contribute to the Fund?
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Which of the following statements is FALSE regarding the private portion of the Fund?
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What is the purpose of appointing a separate staff for the administration of the Fund, as mentioned in the text?
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