PRINCIPLE OF FINANCE
1. It is a company engaged in the business of
dealing with financial and monetary
transactions such as deposits, loans,
investments, and currency exchange
•
8. Cite the 5 Governors of the BSP starting
from the present
1. Benjamin Diokno
2. Nestor A. Espenilla, Jr.
3. Amando M. Tetangco, Jr.
4. Rafael B. Buenaventura
5. Gabriel C. Singson
Financial institution
9. BSP'S VISION is ..
2. The year where the concept of having
monetary board started
•
1933
3. Financial institutions that help rationalize
the developing regions or country to finance
their needs specially the projects regarding
agricultural progress
•
Rural Bank
4. It contains guidelines that structure the
amount of credit granted to customers, as
well as how collections are to be conducted
for delinquent accounts.
•
credit policy
5. The year Banko Sentral ng Pilipinas
established its name as it is now.
•
1993
6. What C of credit that lenders want to be
assured that your business generates
enough cash flow to repay the loan in full?
•
•
Capacity
The BSP aims to be recognized globally
as the monetary authority and primary
financial system supervisor that
supports a strong economy and
promotes a high quality of life for all
Filipinos.
10. A decree that emphasized the
maintenance of domestic and international
monetary stability in CBP.
•
Presidential Decree No. 72
11. What C of credit that banks want to lend to
people who are responsible and keep
commitments?
•
Character
12. The year where a bill was submitted
establishing the monetary board
•
1948
13. A pillar that aims to have BSP supervises
and regulates banks and other financial
institutions.
•
Financial stability
7. 3 Pillars of Central Banking
1. Price stability
2. Financial stability
3. efficient payments and settlement system
14. In the pursuance to studying our own
currency, to which country we benchmarked
as a proposed bank charter?
•
Guatemala
15. A BSP function that allows them to
formulate and implements monetary policy
aimed at influencing money supply.
•
Liquidity management
16. A legal process for collecting a monetary
judgment on behalf of the creditor, wherein
a court or government agency might order
you to withhold extra money from the
employee's paycheck.
•
Garnishment
17. Financial institution dedicated to fund new
and upcoming businesses and economic
development projects by providing equity
capital or loan.
•
Development banks
18. When was our monetary board officially
started operating?
•
01/03/1949
19. Who was our president at the time of the
inauguration of the CBP?
•
President Elpidio Quirino
20. A BSP function that extends discounts,
loans and advances to banking institutions
for liquidity purposes.
•
Lender of last resort