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    BFI Midterm Exam

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    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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    BFI Midterm Exam

    Uploaded by

    Rose Enor
    53 views1 page
    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.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    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.

    Copyright:

    © All Rights Reserved
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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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