Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

SBC

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Which legislation is also known as the “Magna Carta for Micro, Small and Medium Enterprises”?

a)

Republic Act No. 6977

b)

Republic Act No. 8289

c)

Republic Act No. 9501

d)

Executive Order No. 793

2.

Which circular provides revised rules and regulations governing the mandatory allocation of credit resources to MSMEs?

a)

Republic Act No. 6977

b)

Republic Act No. 8289

c)

Republic Act No. 9501

d)

Bangko Sentral ng Pilipinas Circular No. 625

3.

What was the purpose of Republic Act No. 8289?

a)

To amend Republic Act No. 6977

b)

To establish the MSME Development Council

c)

To implement DTI Department Administrative Order No. 9

d)

To expand the composition of the MSME Council

4.

Which administrative order implements Republic Act No. 6977, as amended?

a)

Republic Act No. 8289

b)

Republic Act No. 9501

c)

DTI Department Administrative Order No. 9

d)

Executive Order No. 793

5.

Executive Order No. 793 expanded which council into the MSME Development Council?

a)

MSME Council

b)

Bangko Sentral ng Pilipinas

c)

Small Enterprises Council

d)

Department of Trade and Industry

6.

What is the main focus of Republic Act No. 9501?

a)

Strengthening development and assistance programs for MSMEs

b)

Amending the Bangko Sentral ng Pilipinas Circular No. 625

c)

Establishing the MSME Development Council

d)

Promoting entrepreneurship in large enterprises

7.

Which legislation amended Republic Act No. 6977 to strengthen promotion and development of small and medium enterprises?

a)

Republic Act No. 8289

b)

Republic Act No. 9501

c)

Bangko Sentral ng Pilipinas Circular No. 625

d)

DTI Department Administrative Order No. 9

8.

Which program was made a banner program under Executive Order No. 793?

a)

MSME Development Program

b)

Go Negosyo, Sagot sa Kahirapan and Entrepreneurship

c)

Mandatory Credit Allocation Program

d)

Micro, Small and Medium Enterprises Council

9.

What do the initials MSME stand for in the context of the given legislation?

a)

Medium Scale Management Enterprises

b)

Micro, Small and Medium Enterprises

c)

Minimum Support to Medium Enterprises

d)

Magna Carta for Small Enterprises

10.

Which legislation primarily governs the mandatory allocation of credit resources to MSMEs?

a)

Republic Act No. 6977

b)

Bangko Sentral ng Pilipinas Circular No. 625

c)

Republic Act No. 8289

d)

Executive Order No. 793

11.

Definition of micro , small and medium enterprises

a)

Section 3

b)

Section 6

c)

Section 11

d)

Section 16

12.

Presidential awards for outstanding MSMEs

a)

Section 4

b)

Section 7

c)

Section 12

d)

Section 17

13.

Designation of the Bureau of MSME Development as Council Secretariat

a)

Section 5

b)

Section 8

c)

Section 13

d)

Section 18

14.

. The Department of Trade and Industry’s responsibility in preparing a 6 – year development plan for MSMEs

a)

Section 6

b)

Section 9

c)

Section 14

d)

Section 19

15.

Implementing rules and regulation

a)

Section 7

b)

Section 10

c)

Section 15

d)

Section 20

16.

Composition of the msme development council.

a)

Section 7-A

b)

Section 11

c)

Section 16

d)

Section 21

17.

Capitalization and funding of the SB Corp

a)

Section 7-B

b)

Section 12

c)

Section 17

d)

Section 22

18.

Bangko Sentral supervises SB Corp.

a)

Section 8

b)

Section 13

c)

Section 18

d)

Section 23

19.

Venture Capital and micro finarnce trust fund

a)

Section 9

b)

Section 14

c)

Section 19

d)

Section 24

20.

Creation of the Congressional; Oversight Committee on MSME development

a)

Section 11

b)

Section 18

c)

Section 21

d)

Section 26