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Philippines Economic Boom, Innovation Surge, and Weather Woes: Latest 2024 Updates
Philippines
This set of questions covers recent developments in the Philippines, focusing on economic growth, advancements in innovation and technology, and the impact of natural disasters.
Economy
Innovation
Disasters
Government
15 Questions
Easy
Ages 5+
Jun 12, 2026
About this Study Set
This study set covers Philippines through
15 practice questions.
This set of questions covers recent developments in the Philippines, focusing on economic growth, advancements in innovation and technology, and the impact of natural disasters. Every question includes the correct answer so you can learn as you go — pick any format above to get started.
Questions & Answers
Browse all 15 questions from the
Philippines Economic Boom, Innovation Surge, and Weather Woes: Latest 2024 Updates study set below.
Each question shows the correct answer — select a study format above to practice interactively.
1
What was the projected GDP growth rate for the Philippines in 2024, according to the World Bank?
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A
5.8%
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B
5.5%
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C
6.0%
-
D
5.2%
2
In the 2024 Global Innovation Index (GII), what global position did the Philippines achieve?
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A
53rd
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B
45th
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C
60th
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D
50th
3
Which of the following was a major reform enacted in the Philippines in 2024 aimed at reducing corporate income tax?
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A
CREATE MORE Act
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B
Philippine Innovation Act
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C
New Government Procurement Act
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D
Philippine Maritime Zones Act
4
As of November 2024, how many people were reported to have been affected by a series of tropical cyclones in the Philippines?
-
A
Nearly 9 million
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B
Over 5 million
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C
About 7 million
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D
Less than 3 million
5
According to Microsoft's 2024 Work Trend Index, which country leads the world in knowledge workers adopting generative artificial intelligence?
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A
Philippines
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B
United States
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C
India
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D
Singapore
6
What new strategic partnership did the Philippines formally elevate with Vietnam in June 2026?
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A
Enhanced Strategic Partnership
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B
Comprehensive Economic Partnership
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C
Mutual Defense Pact
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D
Free Trade Agreement
7
What was the Philippines' global rank in High-tech exports according to the 2024 Global Innovation Index?
8
Which law, signed in November 2024, reduces the income tax rate for Registered Business Enterprises to 20% and expands eligibility for certain tax incentives?
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A
CREATE MORE Act
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B
Philippine Ecosystem and Natural Capital Accounting System (PENCAS) Act
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C
Anti-Financial Account Scamming Act
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D
Philippine Archipelagic Sea Lanes Act
9
What significant event occurred in the Philippines in June 2026 regarding its relations with China in the South China Sea?
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A
Diplomatic action was taken against China over a floating structure.
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B
A joint fishing agreement was signed with China.
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C
A military exercise was conducted with China.
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D
The Philippines ceded a disputed island to China.
10
Which of the following typhoons was NOT among the six that significantly impacted the Philippines in a short period in late 2024?
-
A
Typhoon Haiyan
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B
Typhoon Nika (Toraji)
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C
Typhoon Leon (Kong-Rey)
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D
Severe Tropical Storm Kristine (Trami)
11
What is the new government act signed into law in July 2024 that aims to modernize public procurement processes?
-
A
New Government Procurement Act
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B
Philippine Maritime Zones Act
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C
Philippine Archipelagic Sea Lanes Act
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D
Anti-Financial Account Scamming Act
12
The Philippines' advancement in the 2024 Global Innovation Index (GII) reflects the government's commitment to fostering what?
-
A
A culture of innovation
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B
Increased agricultural output
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C
Reduced carbon emissions
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D
Greater foreign military presence
13
What is the name of the act signed into law in May 2024 that establishes a comprehensive information system for the country's natural resources?
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A
Philippine Ecosystem and Natural Capital Accounting System (PENCAS) Act
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B
New Government Procurement Act
-
C
CREATE MORE Act
-
D
Anti-Financial Account Scamming Act
14
In 2024, the Philippines leads the world in terms of knowledge workers adopting which technology?
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A
Generative Artificial Intelligence (AI)
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B
Quantum Computing
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C
Virtual Reality (VR)
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D
Blockchain Technology
15
What was the Philippines' GDP per capita in 2024, according to economic reports?
-
A
USD 4,080
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B
USD 3,500
-
C
USD 4,500
-
D
USD 3,800
