Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

0 Views

The Monetary Board of Bangko Sentral

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the number of members on the Monetary Board?

Eleven

Five

Seven (correct)

Nine

Who appoints the members of the Monetary Board?

The Governor of the Bangko Sentral

The Monetary Board itself

The President of the Philippines (correct)

The Commission on Appointments

What is the term of service for the members of the Monetary Board?

Six years (correct)

Four years

Eight years

Ten years

What is a requirement for the Governor of the Bangko Sentral?

Must be confirmed by the Commission on Appointments Signup and view all the answers

What happens when the Governor is unable to attend a meeting of the Board?

The Deputy Governor acts as the alternate Signup and view all the answers

What is the minimum age requirement for the Governor of the Monetary Board?

40 years old Signup and view all the answers

What happens when a vacancy is created in the Monetary Board due to the death, resignation, or removal of a member?

A new member is appointed to complete the unexpired term of the member concerned Signup and view all the answers

What is a requirement for members of the Monetary Board coming from the private sector?

They must not hold any other public office or public employment during their tenure Signup and view all the answers

What is a ground for removing a member of the Monetary Board from office?

If the member is guilty of acts or operations which are of fraudulent or illegal character Signup and view all the answers

What is a restriction on members of the Monetary Board after the expiration of their term?

They cannot be employed in any such institution within two years Signup and view all the answers