Quiz on Executive Order No. 469

What is the primary responsibility of the Minerals Development Council (MDC)?

• To conduct geological surveys

• To provide financial assistance to mining companies

• To advance the government policy of responsible and sustainable development of the State's minerals resources

• To regulate the mining industry

Who is the Chairman of the Minerals Development Council?

• Secretary of Finance

• Secretary of Trade and Industry

• Secretary of Environment and Natural Resources

• President of the Philippines

Which department is NOT a member of the MDC?

• Department of Labor and Employment

• Department of National Defense

• Department of Education

• Department of Agriculture

What is the rank of the Executive Director of the MDC?

• Director

• Undersecretary

• Secretary

• Assistant Secretary

What is one of the powers of the MDC?

• To manage all mining operations in the country

• To impose taxes on mining companies

• To enlist the assistance of any government agency for minerals development

• To create laws regarding mining

Who has the authority to appoint the Executive Director of the MDC?

• The Department of Budget and Management

• The Chairman of the MDC

• The President of the Philippines

• The Secretary of Environment and Natural Resources

What is the initial source of funding for the MDC's operations?

• Private donations

• Department of Budget and Management

• National Treasury

• International grants

What does the MDC advise the President on?

• Environmental policies

• Investment opportunities in the minerals industry

• Mining regulations

• International trade agreements

What is the effectivity date of Executive Order No. 469?

• October 11, 2005

• January 1, 2006

• November 15, 2005

• December 31, 2005

Which of the following is a function of the MDC?

• To conduct mining operations

• To regulate the prices of minerals

• To prepare and submit reports on the status of investments in the minerals industry

• To create laws for the mining sector