BANKING AND FINANCIAL INSTITUTIONS – Quiz 1
I.MULTIPLE CHOICE ITEMS: Write the letter only.
A. P50.00 banknotes
B. P100.00 banknotes
C. P500.00 banknotes
D. P1,000.00 banknotes
E. P10.00 coins
F. P5.00 coin
G. P20.00 coin
H. .25 coin
I. 1.00 coin
J. None of the above
1. Subterranean Underground River in Puerto Princesa, Palawan. C
2. Diosdado P. Macapagal . J
3. Leyte Landing. A
4. Apolinario Mabini. E
5. Jose Rizal. I
6. Mayon Volcano in Albay. B
7. Andres Bonifacio. F
8. Edsa People Power I. C
9. Philippine Tarsier. J
10. Manuel L. Quezon. G
I.IDENTIFICATION ITEM: Write the letter only.
A. Divisibility
B. Recognizability
C. Scarcity
D. Homogeneity
E. General Acceptability
F. Portability
G. Stability
H. Durability
I. All of the above
J. None of the above
1. All units should have uniform value in every economy. J
2. For anything to effectively act as money, it must be _ as a means of exchange by all. E
3. It must be capable of being divided into small denominations for easy exchange. A
4. All must acknowledge that every banknote/coin and other form has value for payment of
goods and services. I
5. The purpose of a shortage is to retain money’s value. C
6. Money should not lose its value fast. G
7. Money should be light so it can be carried around quickly and conveniently. F
8. Quickly identifying money’s features, size, and color. B
9. The availability of funds in the economy means that prices of goods are constant for a time. G
10. According to the government, people should hold and care of the banknotes/coins up to the
economic life. H
III. TRUE OR FALSE: Write T for True and F for False.
1. A medium of exchange means generally for goods and services. T
2. Bartering is an exchange of goods without quantifying their worth. T
3. Since money functions in a store of value, it is expected to reach its maximum economic life.
T
4. The standard of deferred payments means that money is very convenient for present
payments. F
5. If the criteria are described in the functions of money, money is legal tender. T
6. Long before the invention of money, a lot of trading was happening. T
7. Money is a form of exchange of goods from one hand to another. F
8. Barter will never exist after the invention of money, as all goods can easily be measured in
value. F
9. The barter exchange is specifically for two-person transactions. T
10. All currencies and other forms of payments in the economy is a legal tender. F
BONUS: The CORRECT answer is a 3-point, and the INCORRECT answer is a 5-point
deduction from the total score.
It Influences spending capabilities and the amount of products and services purchased with
available funds. PURCHASING POWER
BANKING AND FINANCIAL INSTITUTIONS – Quiz 2
I.True or False Items: Write T for True and F for False.
1. Investors are shielded from day-to-day volatility and market fluctuations. T
2. Investors and borrowers play similar roles in the financial system. T
3. Risk is the chance that an investment will make much money at any given time. T
4. Both participants need to be sufficient to make the investment safer. F
5. Economic conditions do not determine the performance of the financial system. F
6. Market uncertainty can cause fluctuations in any direction. T
7. Efficiency means using limited resources optimally, even at a high cost. T
8. Systemic economic conditions do not distinguish uncertainty and risk. F
9. Market condition is weakening as the dollar weakens. F
10. The entire financial system is volatile. T
II.Identification Items: Write the letter only.
A. Saver
B. Investor
C. Speculator
D. None of the above
11. It is willing to take volatile risks upon invested principal for the potential of a substantial
return. C
12. Keeping the funds safe from any risk attached to the funds. A
13. Short-term horizon leads to higher returns. C
14. Short-term investment horizon: an investor takes a higher risk. C
15. Committing some money at a high risk for a short time, hoping for a higher return. C
III.Fill in the Blank Items: Clearly write your answer.
MARKET RISK 16. The risk that occurs in uncertain situations.
MARKET RISK 17. A type of systematic risk that constantly affects the up and down
movement.
CURRENCY RISK 18. The uncertainty of returns to an investor who acquires securities
denominated in a currency other than their own.
POLITICAL RISK 19. The significant change by the government often determines investment
return.
CREDIT RISK 20. A customer may not be able to pay its obligation.
INFLATION 21. The market goods prices are dictated by ____.
INTEREST RATE RISK 22. Borrowers often take the risk if it is a variable interest.
EQUITY RISK 23. Asset owned will be affected by the volatile market.
COUNTRY RISK 24. A country can be affected by the other country’s economy.
FOREIGN CURRENCY RISK 25. The commodity like gas and gold is dictated by ____.
Bonus: To answer and Not to answer
- Option 1: What is the basis for survival in an uncertain situation?
- Option 2: Identify 4 risks attached to Market Risk.
- Option 3: Provide an example of diversification in 3 sentences or less.
BANKING AND FINANCIAL INSTITUTIONS – Quiz 3
I.MULTIPLE CHOICE ITEMS: Write the letter only.
A. Agricultural Industrial Bank
B. Phil. Bank of Commerce
C. Southern Development Bank
D. Bank of the Philippines Island
E. Philippine National Bank
F. None of the above
1. During the American Era, the bank was established. B
2. It was established in 1869. D
3. During the post-war, the bank was established. A
4. The bank was replaced, and all transactions during the Japanese period was invalidated. C
5. The bank was established during the Spanish Era. D
6. The bank was established in 1916 as a foreign bank. E
7. The bank highlighted the rehabilitation in the post-war. A
8. The bank was created in 1938. B
9. The bank was created in 1947. A
10. The earliest bank that still exists up to the present. D
I. FILL IN BLANKS ITEMS:
11/12. The foreground elements represent the Bangko Sentral Pilipinas aim to promote
economic growth and prosperity, and the high standards of ethics and performance it holds.
YELLOW GOLD
13/14. It signifying the strength of leadership and foresight that the Bangko Sentral ng Pilipinas
provides in the financial sector and the economy. EAGLE
15/16. The Bangko Sentral ng Pilipinas helps ensure strong and sustainable economic growth
and better living standards. PRICE STABILITY
17/18. The current chairman of the Monetary Board. ELI M. REMOLONA JR.
19/20. What is Republic Act 265 in 1949? CENTRAL BANK LAW
II. Multiple Choice Items: Write the letter only.
A. Risk
B. Uncertainty
C. Both
D. None of the above
21. _____ is influenced by external forces. C
22. _____ gives investor low earnings. A
23. _____ could be a potential earning/loss. A
24. _____ in the financial market is the possibility of future returns. A
25. _____ is the circumstance where an investor cannot measure earnings. B
III. Answer Three (3) Options, Wrong answer -5 or never answer at all.
Option 1: Based on your reading, how do you describe Bangko Sentral ng Pilipinas in one word?
INDEPENDENT
Option 2: Constitution Presidential Degree 1801, 1973, designated Central Bank of the
Philippines as the CENTRAL MONETARY AUTHORITY
Option 3: How many members of the Monetary Board are from the private sector? 5
Option 4: Mr. Ralph Rector is designated as a member of the Monetary Board as prescribed by
law. What is his cabinet position? SECRETARY OF FINANCE
Option 5: What is the bank's dollar conversion yesterday, Wednesday, October 02, 2024 - $1.00
to _________
