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Worksheets

Philippine Banknotes

Total questions: 50

Worksheet time: 48mins

Name
Class
Date
1.
The 7000+ Philippine Islands were named after who?
a)
Civil Rights Activist, Wendell Phillips
b)
King of Spain, Philip II
c)
Priest, Phillips Brooks
2.
What is the capital city of Philippines?
a)
Pasay City
b)
El Nido
c)
Manila
3.
What type of money do they use in the Philippines?
a)
rupee
b)
franc
c)
peso
4.
These unusual geological formations consist of at least 1,268 mounds. What is this top tourist attraction called?
a)
The Philippine Mounds
b)
Shiloh Indian Mounds
c)
Chocolate Hills
5.
Banaue Terraces were carved into the mountains around 2,000 years ago by the Ifugao tribes. What is the main crop planted on the terraces?
a)
rice
b)
grapes
c)
lettuce
6.

What do you call the paper form of money?

a)

bills

b)

coins

c)

money

7.

What is the metal form of money?

a)

bills

b)

coins

c)

dime

8.

What is the value of this bill?

a)

₱ 20.00

b)

₱ 100.00

c)

₱ 200.00

9.

How much is the blue bill with 3 people?

a)

₱ 100.00

b)

₱ 500.00

c)

₱ 1000.00

10.

Which of the following is less than this bill?

a)
b)
c)
d)
11.

Which of the following is greater than this bill?

a)
b)
c)
d)
12.

How many 5-peso coins do you need to make ₱10.00?

a)

1

b)

2

c)

3

13.

How much is the value of the highest Philippine bill?

a)

₱ 100.00

b)

₱ 200.00

c)

₱ 1000.00

14.

How do you write this in peso form?

a)

500 ₱

b)

500 c

c)

₱ 500.00

15.

Identify this peso bill.

a)

Fifty--peso bill

b)

One hundred-peso bill

c)

One thousand-peso bill

16.

Identify this peso bill

a)

Fifty-peso bill

b)

One hundred-peso bill

c)

Twenty-peso bill

17.

Which has the greatest value?

a)
b)
c)
18.

Which of the following has the least value?

a)
b)
c)
19.

How to write the peso sign?

a)

b)

c)

$

20.

How to write

"twenty-five pesos and sixty centavos" on its numerical form?

a)

25 ₱ and 60

b)

₱23.60

c)

25.60

21.

How to read ₱ 35.00?

a)

Thirty-five pesos

b)

Thirty-five pesos and zero centavo

c)

Thirty-five

22.

Long before the Spaniards came to the Philippines, trade among the early Filipinos and with traders from the neighboring lands like China, Java, Borneo, and Thailand was conducted through __________.

a)

Buying

b)

Galleon

c)

Barter

d)

Selling

23.

Since the Philippines is naturally rich in gold, it was used in ancient times for barter rings, personal adornment, jewelry, and the first local form of coinage called _____________.

a)

piloncitos

b)

cowries

c)

cow

d)

pinnocchio

24.

These had a flat base that bore an embossed inscription of the letters “MA” or “M” similar to the Javanese script of the 11th century.

a)

cowries

b)

piloncitos

c)

money

d)

barter

25.

Piloncitos and barter rings are made of real __________.

a)

silver

b)

copper

c)

bronze

d)

gold

26.

The _______________________ of colonial mints were the earliest coins brought in by the galleons from Mexico and other Spanish colonies. They are usually made of bronze and copper.

a)

piloncitos

b)

barter rings

c)

macuquinas

d)

cowries

27.

The Spanish _____________ were circulated extensively not only in the Philippines but the world from 1732-1772.

a)

El Mundo

b)

Dos Mundos

c)

El Dorado

d)

Dos Mio

28.

Treasured for its beauty of design, the Dos Mundos features twin crowned globes representing Spanish rule over the _______________.

a)

Old and New World

b)

A whole new World

c)

Two worlds

d)

Old and Big world

29.

Dos Mundos in English is __________.

a)

Two Wolf

b)

Two Planets

c)

Two Wonders

d)

Two Worlds

30.

Asserting its independence, the Philippine Republic of 1898 under General _______________ issued its own coins and paper currency backed by the country’s natural resources.

a)

Simeon Ola

b)

Emilio Aguinaldo

c)

Emilio Jacinto

d)

Rodrigo Duterte

31.

Cinco means ______.

a)

five

b)

fifth

c)

four

d)

fine

32.

The _______________ instituted a monetary system for the Philippine based on gold and pegged the Philippine peso to dollar at the ratio of 2:1.

a)

Japanese

b)

Americans

c)

Chinese

d)

Spaniards

33.

Identify the first two banks in the Philippines

a)

PBB and PNB

b)

BDO and Union Bank

c)

BPI and NBI

d)

BPI and PNB

34.

BPI stands for ____________________.

a)

Bangko ng Pilipinas at UIsla

b)

Bank of the Philippines and Ireland

c)

Bank of the Philippine Islands

d)

Bank of the Philippine Icelands

35.

The outbreak of World War II caused serious disturbances in the Philippine monetary system. Two kinds of notes circulated in the country during this period namely __________________.

a)

Gorilla notes and Japanese war notes

b)

Guerilla notes and Japanese War notes

c)

Piloncitos and barter rings

d)

Macuquinas and cobs

36.

The Japanese Occupation Forces issued war notes in high denominations. Filipinos would go to the market laden with bayongs of money. It is treated as a toy thus Filipinos dubbed it __________________.

a)

“Mickey Mouse” money

b)

Play money

c)

Toy money

d)

Fake money

37.

Lapu-Lapu killed Magellan with his spear.

a)

True

b)

False

38.

The Philippines was colonized by Spaniards for 333 years.

a)

True

b)

False

39.

Republic Act 7653 Section 57 is about the Retirement of Old Notes and Coins.

a)

True

b)

False

40.

Philippine peso BILL can be replaced after 15 years.

a)

True

b)

False

41.

Bangko Sentral ng Pilipinas can reproduce, print and distribute peso bills and coins.

a)

True

b)

False

42.

Our peso notes are made of 80% cotton and 20% abaca.

a)

True

b)

False

43.

Who was given custody of the Great Seal of the Philippines?

a)

Senator

b)

President

c)

Congressmen

d)

Bangko Sentral ng Pilipinas

44.

Anyone can reproduce Philippine Coins and Bills

a)

True

b)

False

45.

The principal part of a system of hereditary symbols dating used primarily to establish identity in battle is called __________ .

a)

Coat of Army

b)

Coat and tie

c)

Coat of Arms

d)

Coat and Armies

46.

Palm civet's waste can be processed into expensive coffee called Kopi Luwak.

a)

True

b)

False

c)

Maybe

47.

World War II was known as the Invasion of the Philippines by who?

a)

British

b)

Japanese

c)

Chinese

d)

Germans

48.

The lowest class in Precolonial period.

a)

Freeman

b)

Nobility

c)

Serf

d)

Slaves

49.

The 1st President elected that hailed from Mindanao.

a)

Rodrigo Duterte

b)

Benigno Aquino

c)

Mar Roxas

d)

Manny Pacquiao

50.

Who is the 4th President of the Philippines?

a)

Sergio Osmeña III

b)

Sergio Osmeña Jr.

c)

Sergio Osmeña Sr.

d)

Sergio Osmeña