CREDIT AND FINANCIAL POLICIES

Question 1

Provide a guiding framework whereas procedures deal with day to day operations.

Provide the overall principles and define the way an organization sets its controls.

Answer 1

Policies

Question 2

is certain amount of money provided for certain purpose on certain conditions with some interest, which can be repaid sooner or later. It is a set of principles that a financial organization or business uses in deciding who it will loan money to or give credit.

Answer 2

Credit Policy

Question 3

is considered as one of the most basic inputs for conducting all agricultural development programs

Answer 3

Agricultural credit

Question 4

was created in 1986 by virtue of Executive Order 113 to assist the Department of Agriculture (DA) in synchronizing all credit policies and programs in support of the latter’s priority programs.

Answer 4

Agricultural Credit Policy Council (ACPC)

Question 5

In what year does ACPC became an attached agency of the DA through Executive Order ___. During the same year, it was mandated to administer the Comprehensive Agriculture Loan Fund (CALF) through DA Administrative Order No. _.

Answer 5

In 1987 through EO 116

DA AO No. 5

Question 6

In ____, the role of ACPC was expanded by RA ____, the Magna Carta of Small Farmers

Answer 6

1992 - RA 7607

Question 6

In ____, the Agriculture and Fisheries Modernization Act or the AFMA (RA 8435) paved the way for ACPC to carve its niche in a liberalized and globalized environment.

Answer 6

1996

Question 7

paved the way for ACPC to carve its niche in a liberalized and globalized environment.

Answer 7

RA 8435 - Agriculture and Fisheries Modernization Act of 1996

Question 8

aims to support the government’s goal of helping agricultural households in calamity-affected areas regain their capacity to earn a living; and provide immediate relief to small farmers and fisherfolk through loan and grant assistance.

Answer 8

Survival and Recovery Assistance Program

Question 9

is a program which aims to address these unique challenges faced by the youth when pursuing agribusiness.

Answer 9

Kapital Access for Young Agripreneurs

Question 10

A loan facility to finance capital requirements of individual small farmers and fisherfolk (SFF), farmer and fisherfolk organizations/associations, and micro and small enterprises (MSEs) that are engaged in agriculture and fishery projects

Answer 10

Agri-Nigosyo Loan Program