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The term-loan agreement specifies a draw-down period of, say, up to two years, during which the funds must be used by the borrower; otherwise the borrower is not allowed to draw down any unused credit.

A. Right
B. Wrong
C. Doesn't say

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The PBC can exercise examination of a commercial bank at any time.

A. Right
B. Wrong
C. Doesn't say

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A member staff of the PBC should present his legitimate certificate for on-site examination.

A. Right
B. Wrong
C. Doesn't say

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______ are bonds which carry a rate of interest and give the owner the right to exchange the bonds at some stage in the future into ordinary shares according to a prearranged formula.

A. Treasury bonds
B. Corporate bonds
Convertible bonds
D. Revenue bonds

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A high degree of official supervision and regulation on bank organizations are important because ______.

A. The governments of many countries want to control banks
B. There are too many troubles in banking sector
C. It is crucial to stabilize the financial sector and the whole economy
D. The banks make much more deposit insurance fund

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The term-loan agreement specifies a draw-down period of, say, up to two years, during which the funds must be used by the borrower; otherwise the borrower is not allowed to draw down any unused credit.

A. Right B. Wrong C. Doesn't say

The PBC can exercise examination of a commercial bank at any time.

A member staff of the PBC should present his legitimate certificate for on-site examination.

______ are bonds which carry a rate of interest and give the owner the right to exchange the bonds at some stage in the future into ordinary shares according to a prearranged formula.

A high degree of official supervision and regulation on bank organizations are important because ______.

A. Right
B. Wrong
C. Doesn't say