Practice question
Within what period must Monetary Board rules and regulations under Section15(a) be reported to the President and Congress?
- Fifteen days from issuance
- Fifteen years from issuance
- Only upon a private bank request
- Never because all rules are permanently secret
- Only after a criminal conviction
Legal references
- RA7653 New Central Bank Act: https://lawphil.net/statutes/repacts/ra1993/ra_7653_1993.html Section15(a).
Answer this question in flashcards to review your response and continue practicing.