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Total Categories: 5
Perry Warjiyo was born in Jakarta, Indonesia.
Answer: False
The provided biographical details indicate that Perry Warjiyo was born in Sukoharjo Regency, Central Java, Indonesia, not Jakarta.
Perry Warjiyo holds a PhD in Economics from Gadjah Mada University.
Answer: False
While Perry Warjiyo completed his undergraduate studies at Gadjah Mada University, his PhD in Economics was obtained from Iowa State University.
Perry Warjiyo's postgraduate studies focused on monetary policies and international finance.
Answer: True
Perry Warjiyo's postgraduate studies at Iowa State University concentrated on monetary policies and international finance, leading to both master's and doctoral degrees in these areas.
Perry Warjiyo began his career at Bank Indonesia in 1990.
Answer: False
Perry Warjiyo commenced his professional career at Bank Indonesia in January 1984, not 1990.
Perry Warjiyo served as Head of the Balance of Payments Section early in his career at Bank Indonesia.
Answer: True
Early in his career at Bank Indonesia, Perry Warjiyo held positions including Head of the Balance of Payments Section.
Where did Perry Warjiyo complete his undergraduate studies?
Answer: Gadjah Mada University
Perry Warjiyo completed his undergraduate studies at Gadjah Mada University (UGM) in Yogyakarta, Indonesia.
What fields did Perry Warjiyo specialize in during his postgraduate studies?
Answer: Monetary Policies and International Finance
Perry Warjiyo specialized in monetary policies and international finance during his postgraduate studies, earning both master's and PhD degrees in these fields.
In what year did Perry Warjiyo begin his career at Bank Indonesia?
Answer: 1984
Perry Warjiyo began his career at Bank Indonesia in January 1984.
Which of the following was NOT an early position held by Perry Warjiyo at Bank Indonesia after 1984?
Answer: Director for Economic Research and Monetary Policy
Early positions held by Perry Warjiyo at Bank Indonesia after 1984 included Officer on the Staff of the Governor, Head of the Balance of Payments Section, Head of the Monetary Policy and Analysis Section, and Head of the Bureau of the Governor, but not Director for Economic Research and Monetary Policy, which was a later role.
Perry Warjiyo was appointed Director for Economic Research and Monetary Policy in 2000.
Answer: False
Perry Warjiyo was appointed Deputy Director for Economic Research and Monetary Policy in 2000, and later served as Director for Economic Research and Monetary Policy starting in 2005.
Perry Warjiyo served as Deputy Governor of Bank Indonesia from 2013 to 2018.
Answer: True
Perry Warjiyo held the position of Deputy Governor of Bank Indonesia from April 15, 2013, to May 24, 2018.
Perry Warjiyo was sworn in as Governor of Bank Indonesia on May 24, 2018, succeeding Agus Martowardojo.
Answer: True
Perry Warjiyo officially assumed the role of Governor of Bank Indonesia on May 24, 2018, succeeding Agus Martowardojo.
Perry Warjiyo's nomination for Governor was approved by the President of Indonesia.
Answer: False
Perry Warjiyo's nomination for Governor of Bank Indonesia was approved by the Indonesian parliament, not directly by the President.
Upon his appointment as Governor, Perry Warjiyo had less than 10 years of experience in central bank policy.
Answer: False
Upon his appointment as Governor, Perry Warjiyo possessed over 30 years of experience in central bank policy issues.
Perry Warjiyo is described as a novice central banker with limited practical experience.
Answer: False
Perry Warjiyo is characterized as a highly experienced and 'battle-tested' central banker, not a novice with limited experience.
Perry Warjiyo's appointment as Governor exemplifies Indonesia's tendency to appoint academics ('technocrats') with deep policy knowledge to economic leadership roles.
Answer: True
The appointment of Perry Warjiyo, a figure with extensive policy knowledge, aligns with Indonesia's practice of selecting experienced professionals, often termed 'technocrats,' for senior economic leadership positions.
Who is the current Governor of Bank Indonesia?
Answer: Perry Warjiyo
The current Governor of Bank Indonesia is Perry Warjiyo, who assumed the position on May 24, 2018.
From which date did Perry Warjiyo serve as Deputy Governor of Bank Indonesia?
Answer: April 15, 2013
Perry Warjiyo served as Deputy Governor of Bank Indonesia from April 15, 2013.
Who was Perry Warjiyo's immediate predecessor as Governor of Bank Indonesia?
Answer: Agus Martowardojo
Agus Martowardojo was the immediate predecessor to Perry Warjiyo as Governor of Bank Indonesia.
What body approved Perry Warjiyo's nomination to become Governor of Bank Indonesia?
Answer: The Indonesian parliament
Perry Warjiyo's nomination for Governor of Bank Indonesia was approved by the Indonesian parliament.
How much experience did Perry Warjiyo have in central banking policy issues when he became Governor?
Answer: Over 30 years
Upon his appointment as Governor, Perry Warjiyo had accumulated over 30 years of experience in central banking policy issues.
What does the term 'technocrat' imply in the context of Indonesian economic leadership, as mentioned regarding Perry Warjiyo?
Answer: Professionals with substantial economic and policymaking experience
In the Indonesian context, 'technocrat' refers to individuals possessing extensive expertise and practical experience in economics and policymaking, who are frequently appointed to high-level government economic roles.
Before becoming Deputy Governor, Perry Warjiyo represented Indonesia at the World Bank.
Answer: False
Before becoming Deputy Governor, Perry Warjiyo served as an Executive Director at the International Monetary Fund (IMF) representing the South East Asian Voting Group, not directly representing Indonesia at the World Bank in that capacity.
Perry Warjiyo has advised Indonesian delegations to the G20, World Bank, and IMF.
Answer: True
Perry Warjiyo has served as an advisor to Indonesian delegations participating in numerous international forums, including the G20, World Bank, and IMF.
In October 2019, Perry Warjiyo received the 'Central Banker of the Year' award for Asia from *The Banker* magazine.
Answer: False
In October 2019, Perry Warjiyo received the Governor of the Year award for the Asia-Pacific region from *Global Markets*, not 'Central Banker of the Year' from *The Banker*.
The Governor of the Year award recognized Perry Warjiyo for managing economic stability amidst shocks and leading digital transformation.
Answer: True
The Governor of the Year award acknowledged Perry Warjiyo's success in maintaining economic stability amidst shocks and for his leadership in advancing digital transformation initiatives within Bank Indonesia.
Perry Warjiyo represented the South East Asian Voting Group while serving at the IMF.
Answer: True
During his tenure as an Executive Director at the IMF, Perry Warjiyo represented the South East Asian Voting Group.
What was Perry Warjiyo's significant international role prior to becoming Deputy Governor?
Answer: Executive Director at the IMF representing the South East Asian Voting Group
Prior to becoming Deputy Governor, Perry Warjiyo served as an Executive Director at the International Monetary Fund (IMF), representing the South East Asian Voting Group.
Which of these organizations was NOT mentioned as a forum where Perry Warjiyo advised Indonesian delegations?
Answer: World Trade Organization (WTO)
Perry Warjiyo advised Indonesian delegations to the G20, World Bank, and IMF, among others, but the World Trade Organization (WTO) was not explicitly mentioned in this context.
What award did Perry Warjiyo receive in October 2019?
Answer: Governor of the Year for the Asia-Pacific region
In October 2019, Perry Warjiyo received the Governor of the Year award for the Asia-Pacific region.
The Governor of the Year award recognized Perry Warjiyo for which two key areas?
Answer: Maintaining economic stability and leading digital transformation
The Governor of the Year award recognized Perry Warjiyo for his success in maintaining economic stability amidst shocks and for his leadership in advancing digital transformation initiatives.
Perry Warjiyo's role as an Executive Director at the IMF involved representing a specific group of countries. Which group was it?
Answer: South East Asian Voting Group
As an Executive Director at the IMF, Perry Warjiyo represented the South East Asian Voting Group.
Shortly after becoming Governor in mid-2018, Bank Indonesia faced pressure on the Indonesian exchange rate, causing the rupiah to appreciate.
Answer: False
Shortly after Perry Warjiyo assumed governorship in mid-2018, Bank Indonesia faced pressure on the exchange rate that led to the rupiah's depreciation, not appreciation.
Bank Indonesia responded to the 2018 rupiah depreciation primarily by lowering interest rates.
Answer: False
Bank Indonesia's response to the 2018 rupiah depreciation involved implementing several increases in the domestic interest rate, not lowering them.
Perry Warjiyo believes clear communication is NOT essential for national economic resilience.
Answer: False
Perry Warjiyo explicitly identified clear and intensive communication as one of the three essential elements for national economic resilience.
Bank Indonesia raised its official interest rate to 6% by mid-November 2018.
Answer: True
In response to market pressures and the US Federal Reserve's policy, Bank Indonesia progressively increased its interest rates, reaching 6% by mid-November 2018.
In early 2019, Perry Warjiyo considered Indonesia's monetary policy to be overly accommodative.
Answer: False
In early 2019, Perry Warjiyo assessed Indonesia's monetary policy as 'quite tight,' indicating it was not overly accommodative.
In May 2019, Bank Indonesia lowered its interest rates, unlike Malaysia and the Philippines.
Answer: False
In May 2019, Bank Indonesia maintained a firm monetary policy stance, while Malaysia and the Philippines opted to lower their interest rates.
Bank Indonesia lowered its benchmark interest rate for the first time in 2019 in July, lowering it to 5.75%.
Answer: True
In July 2019, Bank Indonesia reduced its benchmark interest rate from 6.0% to 5.75%.
The interest rate cuts starting in July 2019 were primarily aimed at tightening monetary conditions to combat inflation.
Answer: False
The interest rate cuts initiated in July 2019 were primarily aimed at stimulating slowing economic growth momentum and responding to global economic moderation, not tightening conditions to combat inflation.
By October 2019, the seven-day repo rate in Indonesia had been lowered to 5.0%.
Answer: True
Following interest rate adjustments, the seven-day repo rate in Indonesia was reduced to 5.0% by October 2019.
Bank Indonesia maintained its benchmark interest rate at 5.0% throughout 2020 due to the COVID-19 crisis.
Answer: False
Throughout 2020, Bank Indonesia eased its monetary policy in response to the COVID-19 crisis, implementing several reductions to the benchmark interest rate, which fell below 5.0%.
The benchmark interest rate was lowered to 3.75% in November 2020.
Answer: True
As part of its monetary policy easing during 2020, Bank Indonesia lowered the benchmark interest rate to 3.75% by November.
What was the main economic challenge Bank Indonesia faced shortly after Perry Warjiyo became Governor in mid-2018?
Answer: Pressure on the exchange rate causing rupiah depreciation
Shortly after Perry Warjiyo assumed governorship in mid-2018, Bank Indonesia faced significant pressure on the exchange rate, leading to the depreciation of the rupiah.
How did Bank Indonesia, under Warjiyo's leadership, initially respond to the rupiah's depreciation in 2018?
Answer: By implementing several increases in the domestic interest rate
In response to the rupiah's depreciation in 2018, Bank Indonesia implemented several increases in the domestic interest rate.
According to Perry Warjiyo, which of the following is NOT one of the three essential elements for national economic resilience?
Answer: A large surplus in the trade balance
Perry Warjiyo identified strong conviction, courage to implement policies, and clear communication as essential for economic resilience; a large trade surplus was not listed among these.
What was the seven-day repo rate after Bank Indonesia's interest rate cut in October 2019?
Answer: 5.0%
Following the interest rate adjustments in October 2019, Bank Indonesia's seven-day repo rate was lowered to 5.0%.
How did Perry Warjiyo describe Indonesia's monetary policy in early 2019?
Answer: Quite tight
In early 2019, Perry Warjiyo characterized Indonesia's monetary policy as 'quite tight'.
In May 2019, Bank Indonesia's monetary policy stance was described as firm, while Malaysia and the Philippines chose to:
Answer: Slightly relax monetary policy and lower interest rates
While Bank Indonesia maintained a firm monetary policy in May 2019, Malaysia and the Philippines opted to slightly relax their policies by lowering interest rates.
What was the primary strategic goal of the interest rate cuts initiated by Bank Indonesia starting in July 2019?
Answer: To stimulate slowing economic growth momentum
The interest rate cuts initiated in July 2019 were primarily aimed at stimulating slowing economic growth momentum and responding to global economic moderation.
How did Bank Indonesia's monetary policy adapt in response to the COVID-19 crisis in 2020?
Answer: It was eased through a series of benchmark interest rate reductions.
In response to the COVID-19 crisis in 2020, Bank Indonesia eased its monetary policy by implementing a series of benchmark interest rate reductions.
What was the benchmark interest rate (7-day reverse repo rate) in Indonesia by November 2020?
Answer: 3.75%
By November 2020, the benchmark interest rate (7-day reverse repo rate) in Indonesia had been lowered to 3.75%.
What was the benchmark interest rate in Indonesia by the end of the easing cycle in early 2021?
Answer: 3.5%
By mid-February 2021, the benchmark interest rate in Indonesia had been lowered to 3.5%, indicating the continuation of monetary policy easing measures.
Perry Warjiyo has authored the book 'Monetary Policy in Emerging Markets'.
Answer: False
While Perry Warjiyo has authored numerous articles and co-authored a book, the title mentioned in the question, 'Monetary Policy in Emerging Markets,' is incorrect. His co-authored book is titled 'Central Bank Policy: Theory and Practice'.
Perry Warjiyo has delivered guest lectures on monetary policy at Indonesian universities.
Answer: True
Perry Warjiyo has engaged with academic institutions by delivering numerous guest lectures on monetary policy at universities across Indonesia.
According to Indonesian naming conventions, how should Perry Warjiyo be addressed?
Answer: Perry Warjiyo
Indonesian naming conventions often lack family names. Perry Warjiyo, having no surname or patronymic, is typically addressed by his given name, Perry, or his full name, Perry Warjiyo.
What is the title of the book co-authored by Perry Warjiyo that surveys central bank policies in emerging markets?
Answer: Central Bank Policy: Theory and Practice
The book co-authored by Perry Warjiyo, which surveys central bank policies in emerging markets, is titled 'Central Bank Policy: Theory and Practice'.
The book 'Central Bank Policy: Theory and Practice' focuses on policies within which type of economies?
Answer: Emerging market economies
The book 'Central Bank Policy: Theory and Practice' provides an overview and analysis of the theories and practical applications of central banking policies, with a particular focus on their implementation in emerging market economies.