SBC

Which legislation is also known as the “Magna Carta for Micro, Small and Medium Enterprises”?

• Republic Act No. 6977

• Republic Act No. 8289

• Republic Act No. 9501

• Executive Order No. 793

Which circular provides revised rules and regulations governing the mandatory allocation of credit resources to MSMEs?

• Republic Act No. 6977

• Republic Act No. 8289

• Republic Act No. 9501

• Bangko Sentral ng Pilipinas Circular No. 625

What was the purpose of Republic Act No. 8289?

• To amend Republic Act No. 6977

• To establish the MSME Development Council

• To implement DTI Department Administrative Order No. 9

• To expand the composition of the MSME Council

Which administrative order implements Republic Act No. 6977, as amended?

• Republic Act No. 8289

• Republic Act No. 9501

• DTI Department Administrative Order No. 9

• Executive Order No. 793

Executive Order No. 793 expanded which council into the MSME Development Council?

• MSME Council

• Bangko Sentral ng Pilipinas

• Small Enterprises Council

• Department of Trade and Industry

What is the main focus of Republic Act No. 9501?

• Strengthening development and assistance programs for MSMEs

• Amending the Bangko Sentral ng Pilipinas Circular No. 625

• Establishing the MSME Development Council

• Promoting entrepreneurship in large enterprises

Which legislation amended Republic Act No. 6977 to strengthen promotion and development of small and medium enterprises?

• Republic Act No. 8289

• Republic Act No. 9501

• Bangko Sentral ng Pilipinas Circular No. 625

• DTI Department Administrative Order No. 9

Which program was made a banner program under Executive Order No. 793?

• MSME Development Program

• Go Negosyo, Sagot sa Kahirapan and Entrepreneurship

• Mandatory Credit Allocation Program

• Micro, Small and Medium Enterprises Council

What do the initials MSME stand for in the context of the given legislation?

• Medium Scale Management Enterprises

• Micro, Small and Medium Enterprises

• Minimum Support to Medium Enterprises

• Magna Carta for Small Enterprises

Which legislation primarily governs the mandatory allocation of credit resources to MSMEs?

• Republic Act No. 6977

• Bangko Sentral ng Pilipinas Circular No. 625

• Republic Act No. 8289

• Executive Order No. 793