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  • BFI Midterm Exam

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    Rose Enor
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    The document outlines the topics and point values for a midterm examination in banking and financial institutions. It includes explaining how banks make money from other people's deposits, discussing the indispensability and role of the Philippine financial system in the economy, explaining how the Bangko Sentral ng Pilipinas (BSP) is the monetary authority of the Philippines, and discussing the objectives of the BSP and its impact on economic development.

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    The document outlines the topics and point values for a midterm examination in banking and financial institutions. It includes explaining how banks make money from other people's deposits, discussing the indispensability and role of the Philippine financial system in the economy, explaining how the Bangko Sentral ng Pilipinas (BSP) is the monetary authority of the Philippines, and discussing the objectives of the BSP and its impact on economic development.

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    53 views1 page

    BFI Midterm Exam

    Uploaded by

    Rose Enor
    The document outlines the topics and point values for a midterm examination in banking and financial institutions. It includes explaining how banks make money from other people's deposits, discussing the indispensability and role of the Philippine financial system in the economy, explaining how the Bangko Sentral ng Pilipinas (BSP) is the monetary authority of the Philippines, and discussing the objectives of the BSP and its impact on economic development.

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    Midterm Examination in Banking and Financial Institutions.

    (100 points)

    1. Explain through cycle and coupled with explanation/s the statement, “BANK MAKES MONEY
    OUT OF OTHER PEOPLE’S MONEY”. (25 points)
    2. Discuss the indispensability of Philippine Financial System. Its role to the economy. (25
    points)
    3. As stated, Bangko Sentral ng Pilipinas (BSP) is the monetary authority of our country.
    How? Explain. (25 points)
    4. Discus the objectives of BSP. And its impact towards the development of the economy.
    (25 points)

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