Training of technical personnel.
Section 24
SEC. 24. Training of technical personnel.—The Central Bank shall promote and sponsor the training of technical personnel in the field of money and banking. Toward this end, the Central Bank is hereby authorized to defray the costs of study, at home or abroad, of outstanding employees of the Bank, of promising university graduates or of any other qualified persons which shall be determined by proper competitive examinations to be conducted by the Commissioner of Civil Service as in other cases. The chief of the Department of Economic Research shall prepare and supervise the training program of the Bank, subject to the rules and regulations of the Monetary Board on the matter. B. DEPARTMENT OF SUPERVISION AND EXAMINATION