PRELIM EXAMINATION ON MONETARY AND FISCAL ECONOMICS

What is the central bank of the Philippines?

• Banco de Oro (BDO)

• Metropolitan Bank & Trust Co. (Metrobank)

• Bangko Sentral ng Pilipinas (BSP)

• Land Bank of the Philippines (Landbank)

Which of the following is NOT a key element of the financial system?

• Financial claims

• Financial institutions

• Government policies

• None of the above

What was the name of the first credit institution established in the Philippines?

• Obras Pias

• Rodriguez Bank

• Banco Espanol-Filipino de Isabela II

• Monte de Piedad

When was the Banco Espanol-Filipino de Isabela II established?

• 1754

• 1820

• 1851

• 1898

Which event led to the expansion of Philippine trade and influenced the establishment of Banco Espanol-Filipino de Isabela II?

• The American occupation

• The opening of the Suez Canal

• World War I

• The Philippine Revolution

Which foreign bank dominated the Philippine economy during the Spanish colonial rule?

• International Banking Corporation of New York

• Chartered Bank of India, Australia, and China

• Banco Peninsula de Ultramirano

• Philippine National Bank

What was the first savings bank in the Philippines?

• Obras Pias

• Monte de Piedad

• Banco Espanol-Filipino de Isabela II

• Postal Savings Bank

Which act led to a substantial increase in American economic control in the Philippines?

• Treaty of Paris

• Payne-Aldrich Act of 1902

• Coinage Act for the Philippines

• None of the above

When was the Philippine National Bank (PNB) established?

• 1902

• 1906

• 1916

• 1926

Which of the following is NOT a type of banking institution in the Philippine financial system?

• Commercial banks

• Thrift banks

• Rural banks

• Investment banks