Regulatory Framework in Business

Regulatory Framework in Business

University

70 Qs

quiz-placeholder

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Regulatory Framework in Business

Regulatory Framework in Business

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

REYMOND FLORES

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70 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the primary purpose of the PDIC?

To regulate interest rates in banks

To insure bank deposits and protect depositors

To invest in government securities

To supervise all banking transactions

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the current maximum deposit insurance coverage per depositor, per bank under PDIC?

PHP 100,000

PHP 250,000

PHP 500,000

PHP 1,000,000

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following types of deposits are not insured by PDIC?

Savings accounts

Deposits created through fraud

Demand deposits

Time deposits

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Deposits insured by PDIC must be held in banks operating in:

The United States

The Philippines

Southeast Asia

Any ASEAN country

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

PDIC insurance coverage applies to which of the following account types?

Mutual funds

Stocks and bonds

Demand, savings, and time deposits

Real estate investments

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If a depositor has multiple accounts in the same bank, how is PDIC insurance applied?

Separately for each account

Only to the largest account

Aggregated and insured up to the limit

Not insured at all

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which law or agency determines if a foreign bank branch can accept deposits in the Philippines?

Bangko Sentral ng Pilipinas

Bureau of Internal Revenue

Department of Finance

Securities and Exchange Commission

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