The Bangko Sentral ng Pilipinas was established by the New Central Bank Act of 1993, which is Republic Act No.:
Correct answer: D. 7653
RA 7653 created the BSP as the independent central monetary authority required by Article XII, Section 20. It was amended in 2019 by RA 11211, which strengthened the BSP's powers. RA 8791 is the General Banking Law of 2000.
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