The Role of the BSP in Money

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LavishMookaite
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Which of the following is NOT a responsibility of the BSP?

Exercising regulatory and examination powers over money service businesses

What is the main purpose of the BSP?

To provide policy directions in the areas of money, banking, and credit

Which law grants the BSP its regulatory and examination powers?

Republic Act No. 11211 (The New Central Bank Act, as amended)

Test your knowledge on the responsibilities of the BSP (Bangko Sentral ng Pilipinas) with this quiz. Explore topics such as policy directions, supervision of banks, and regulatory powers. Challenge yourself and see how well you understand the role of the BSP in money, banking, and credit in the Philippines.

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