hISTORY &
VISSION, MISSION
FT. BANGKO SENTRAL NG PILIPINAS
mANDATES, FUNCTIONS,
RESPONSIBILITIES
gOVERNANCE &
FACILITIES
rANDOM
$50
$50
$50
$100
$100
$100
$100
$100
$200
$200
$200
$200
$200
$500
$500
$500
$500
$500
$1000
$1000
$1000
$1000
$1000
$1000
History & vision, mission· ₱50
History & vision, mission· ₱50
Under which President's
administration was the Bangko
Sentral ng Pilipinas granted financial
and administrative autonomy through
Republic Act No. 7653 in 1993?
President Fidel V. Ramos
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History & vision, mission· ₱100
History & vision, mission· ₱100
What was established on July 3, 1993
pursuant to the provisions of the 1987
Philippine Constitution and the New
Central Bank Act of 1993?
Bangko Sentral Ng Pilipinas
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History & vision, mission· ₱200
History & vision, mission· ₱200
The bill was signed into law as
Republic Act No. 265 (The Central
Bank Act) by who?
President Elpidio Quirino
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History & vision, mission· ₱500
History & vision, mission· ₱500
During which period did plans for a
Philippine central bank persist, even
though monetary affairs were
managed by the Department of
Finance and the National Treasury?
Commonwealth Period
or 1935-1941
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History & vision, mission· ₱1000
History & vision, mission· ₱1000
What was the significant
milestone in 1972 that aimed at
strengthening the security and
expansion of the Philippine
banking industry under the BSP?
Presidential Decree No. 72
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱50
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱50
Its main goal is to maintain low and
stable inflation to support
balanced, sustainable economic
growth
Monetary Policy
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱50
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱50
Who was the United States president
whose approval was required for the
enactment of the central bank law?
President Franklin D. Roosevelt
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱100
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱100
What does EFLO stands for?
Economic and Financial
Learning Office
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱100
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱100
It was formed in 2001 to promote
the Philippines as a viable
investment destination and raise its
government’s credit profile.
Investor Relations Group
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱200
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱200
Under which Republic Act did
the Central Bank of the
Philippines emerge?
Republic Act No. 265
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱200
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱200
The BSP has sole authority to
issue the national currency,
which is backed by BSP’s assets.
Currency Management
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱500
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱500
It is the function of BSP that
provides discounts, loans, and
advances to banking institutions to
regulate credit volume, ensuring
price and financial stability.
Loans and Credit Operations
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱500
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱500
What function requires the BSP to
participate in international and
regional forums to discuss economic,
monetary, and financial issues?
International Economic Cooperation
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱1000
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱1000
What is the primary tool that
BSP uses to implement monetary
policy, involving the adjustment
of interest rates?
Interest Rate Corridor (IRC) System
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mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱1000
mANDATES, FUNCTIONS, RESPONSIBILITIES· ₱1000
It means that the BSP needs to balance
different objectives such as having
enough cash for day-today needs,
earn income over time, and spread out
investments to manage risks
Effective Reserves Management
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governance & facilities· ₱50
governance & facilities· ₱50
It is located in Manila, houses the
offices of the Governor, the
Monetary Board, and different
operating departments/offices.
BSP Main Complex
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governance & facilities· ₱100
governance & facilities· ₱100
Which facility showcases different
collections of pre-colonial gold,
numismatic, fine arts, and decorative
arts?
BSP Money Museum
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governance & facilities· ₱200
governance & facilities· ₱200
According to our discussion a while
ago, how many regional offices does
the BSP have, and can you name
them?
3 regional offices; La Union, Cebu
City, and Davao City
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governance & facilities· ₱500
governance & facilities· ₱500
Who is the current Governor of the
BSP?
Eli M. Remolona Jr.
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governance & facilities· ₱1000
governance & facilities· ₱1000
Who approves the rules and
guidelines for the BSP, and how
many members are there in this
group?
The Monetary Board;
Seven members
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random· ₱100
random· ₱100
Which function of the BSP maintains
a healthy level of international
reserves to provide liquidity support in
times of volatility in the exchange rate
and balance of payments?
International Reserves Management
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random· ₱200
random· ₱200
Which function involves the Bangko
Sentral having supervision over the
operations of banks and exercising
such regulatory powers as provided
in the New Central Bank Act?
Financial Supervision
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random· ₱500
random· ₱500
In what month and year did the
Bangko Sentral ng Pilipinas (BSP)
started its operations?
July 1933
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random· ₱1000
random· ₱1000
What is the name of the BSP's
facility that manages external debt,
investments, and foreign exchange
transactions to achieve stability?
International Operations
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random· ₱1000
random· ₱1000
What is the primary institution
responsible for managing monetary
policy in the Philippines?
Bangko Sentral ng Pilipinas
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