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PF-Module-3-Chapter-7-Public Borrowings -Quiz

Authored by Lheanne Recto

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PF-Module-3-Chapter-7-Public Borrowings -Quiz
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30 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

He is one of the greatest critics of mercantilism.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

True or False: In the economic theory known as "mercantilism," governments seek to increase their own power by utilizing the economy of other countries.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is Official Development Assistance (ODA) as defined in Republic Act No. 8182?

A type of loan or loan and grant facility with no grant element

A type of loan or loan and grant facility with a grant element of at least 25%

A type of grant facility with no loan component

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following countries is not a source of bilateral ODA for the Philippines?

United States

Japan

China

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under what conditions must an ODA loan or loan and grant facility satisfy to qualify as ODA according to Republic Act No. 8182?

It must be implemented with the aim of advancing sustainable social and economic development and welfare in the Philippines

It must be contracted only with foreign governments with whom the Philippines has diplomatic relations

It must be obtainable in the capital market

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What currency-denominated guarantees are appreciated against the US dollar?

Domestic guarantees

External guarantees

Third-currency-denominated guarantees

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What was the primary cause of the increase in the NG's external debt as of January 31, 2023?

Net availment of foreign loans

Local currency appreciation against the US dollar

Net repayment of both domestic and external guarantees

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