Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which act established the Bangko Sentral ng Pilipinas (BSP) as an independent monetary authority in the Philippines?
Which act established the Bangko Sentral ng Pilipinas (BSP) as an independent monetary authority in the Philippines?
- Republic Act No. 6543
- Republic Act No. 7653 (correct)
- Republic Act No. 9876
- Republic Act No. 1234
What is the official name of the independent monetary authority in the Philippines?
What is the official name of the independent monetary authority in the Philippines?
- Bangko Sentral ng Pilipinas (BSP) (correct)
- Monetary Authority of the Philippines (MAP)
- Central Bank of the Philippines (CBP)
- Philippine Monetary Authority (PMA)
What is the common name of Republic Act No. 7653?
What is the common name of Republic Act No. 7653?
- The New Central Bank Act (correct)
- The Monetary Authority Act
- The Financial Regulation Act
- The Philippine Independence Act
Flashcards are hidden until you start studying
Study Notes
Bangko Sentral ng Pilipinas (BSP)
- The Bangko Sentral ng Pilipinas (BSP) was established as an independent monetary authority in the Philippines by an act of law.
- The official name of the independent monetary authority in the Philippines is Bangko Sentral ng Pilipinas (BSP).
- Republic Act No. 7653 is commonly referred to as the New Central Bank Act.
- The New Central Bank Act established the Bangko Sentral ng Pilipinas (BSP) as the country's central monetary authority.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
