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WorksheetsBanknote Fitness Level
Total questions: 10
Worksheet time: 5mins
What is the fitness level of this 50-piso bill that has soilage resulting to discoloration or aging of the substrate?
Fit
Unfit
Mutilated
A banknote with obvious markings or patches visible on the surface can no longer be accepted in banks for deposit.
True
False
Which of the following are the requirements in redemption of a mutilated banknote? (Choose 3)
With at least 3/5 remaining surface area of the original size of a banknote
A portion of any one of the signatures of the Philippine President and BSP Governor remains
With Asymmetric Serial Number
Presence of Embedded or Windowed Security Thread
What criteria of unfit banknote means that it cannot sustain an upright position when held on one of the shorter edges?
(a)
What is the fitness level of this 20-piso bill that have presence of adhesives or any material not originally on the banknote?
Fit
Unfit
Mutilated
What is the fitness level of this 5-piso coin?
Fit
Unfit
Mutilated
What is the primary purpose of BSP's Clean Note and Coin Policy?
To maintain price stability
To preserve and maintain the currency integrity
To discourage illegal minting of coins
To limit the spread of bacteria in money
What is the banknote fitness level of splitting the substrate?
Fit
Unfit
Mutilated
A mutilated banknote and coin shall be submitted through any bank for analysis of the BSP.
True
False
Banknotes and coins which are considered unfit and mutilated shall no longer be recirculated in public.
True
False
