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Business, Social Studies, History
7th
grade
History of Philippine Money
10 questions
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- 1. Multiple Choice
Philippine coins and notes are the ____ of our nation.
Bed and Butter
Treasure
Trash
Tools
- 2. Multiple Choice
In the Pre-Hispanic Era, what is the medium of exchange adopted during this period?
Cobs or Macuquinas
Copper Coins
Cowry Shells
Mickey Mouse
- 3. Multiple Choice
What particular coin was introduced by Spaniards during the Spanish Occupation of the Philippines?
Cobs or Macuquinas
Copper Coins
Cowry Shells
Mickey Mouse
- 4. Multiple Choice
The Filipino term "barya", meaning "small change," had its origin in ____.
Dos Mundos
Manila
Spain
Barrilla
- 5. Multiple Choice
The first paper money in circulation was the ____ which were issued by the country's first bank, the El Banco Espanol Filipino de Isabel II.
Gold Coins
Macuquinas
Silver Pesos
Pesos Fuertes
- 6. Multiple Choice
Who is the first Philippine President during Revolutionary Period (1898-1899)?
General Emilio Aguinaldo
Manuel Quezon
Jose P. Laurel
Manue Roxas
- 7. Multiple Choice
The United States took possession of the Philippines in ____ and established a new unit of currency.
1941
1946
1901
1912
- 8. Multiple Choice
During the American Occupation, the countr's monetary system was based on the ____.
Coins
Gold Standard
Bank Notes
Credit System
- 9. Multiple Choice
World War II caused severe disturbances to the Philippine monetary system. During the Japanese Occupation of the Philippines, two kinds of notes were issued. These war notes were in big denominations and had no backup reserves. The Filipinos dubbed it as ____ amidst the worst inflation in the history of the Philippines.
"Pluto"
"Donald Duck"
"Minnie Mouse"
"Mickey Mouse"
- 10. Multiple Choice
In 1973, the Ang Bagong Lipunan (ABL) series notes were circulated. The lowest denomination was the ____, and the highest denomination was the ____.
2 Peso and 10 Peso
2 Peso and 20 Peso
2 Peso and 50 Peso
2 Peso and 100 Peso
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