题目内容

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

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

A revolving credit commitment gives the borrower assurances of the availability of funds over unexpected period of tight credit in future years.

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

Apart from borrowing from hanks, a firm or an individual can obtain funds in a financial market in two ways. The most common method is to issue a (61) , such as a bond or a mortgage, which is a (62) by the borrower to pay the holder of it at (63) until a specified date, when a final payment is made. The (64) of it is the time of expiration date. The second method of raising funds is by issuing (65) , such as common stock, which are claims to share in the net income and the assets of a business.
(46)

A. debt instrument
B. letter of credit
C. letter of guarantee
D. certificate of deposit

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