Practice question
Under Section15(b), the BSP legal units are under whose exclusive supervision and control?
- The Monetary Board
- Each private bank being examined
- A randomly selected depositor
- The largest commercial borrower
- Every local mayor acting separately
Legal references
- RA7653 New Central Bank Act: https://lawphil.net/statutes/repacts/ra1993/ra_7653_1993.html Section15(b).
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