Question 1

What was the projected GDP growth rate for the Philippines in 2024, according to the World Bank?

Accepted Answer

5.8%

Question 2

In the 2024 Global Innovation Index (GII), what global position did the Philippines achieve?

Accepted Answer

53rd

Question 3

Which of the following was a major reform enacted in the Philippines in 2024 aimed at reducing corporate income tax?

Accepted Answer

CREATE MORE Act

Question 4

As of November 2024, how many people were reported to have been affected by a series of tropical cyclones in the Philippines?

Accepted Answer

Nearly 9 million

Question 5

According to Microsoft's 2024 Work Trend Index, which country leads the world in knowledge workers adopting generative artificial intelligence?

Accepted Answer

Philippines

Question 6

What new strategic partnership did the Philippines formally elevate with Vietnam in June 2026?

Accepted Answer

Enhanced Strategic Partnership

Question 7

What was the Philippines' global rank in High-tech exports according to the 2024 Global Innovation Index?

Accepted Answer

1st

Question 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?

Accepted Answer

CREATE MORE Act

Question 9

What significant event occurred in the Philippines in June 2026 regarding its relations with China in the South China Sea?

Accepted Answer

Diplomatic action was taken against China over a floating structure.

Question 10

Which of the following typhoons was NOT among the six that significantly impacted the Philippines in a short period in late 2024?

Accepted Answer

Typhoon Haiyan

Question 11

What is the new government act signed into law in July 2024 that aims to modernize public procurement processes?

Accepted Answer

New Government Procurement Act

Question 12

The Philippines' advancement in the 2024 Global Innovation Index (GII) reflects the government's commitment to fostering what?

Accepted Answer

A culture of innovation

Question 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?

Accepted Answer

Philippine Ecosystem and Natural Capital Accounting System (PENCAS) Act

Question 14

In 2024, the Philippines leads the world in terms of knowledge workers adopting which technology?

Accepted Answer

Generative Artificial Intelligence (AI)

Question 15

What was the Philippines' GDP per capita in 2024, according to economic reports?

Accepted Answer

USD 4,080

Philippines Economic Boom, Innovation Surge, and Weather Woes: Latest 2024 Updates

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