A correspondent bank may supply the following services to other commercial banks:A.keeping accounts,B.assisting in the sale or purchase of assets,C.providing information about capital marketsA.RightB.WrongC.Doesn't say
A correspondent bank may supply the following services to other commercial banks:A.keeping accounts,B.assisting in the sale or purchase of assets,C.providing information about capital markets
A.Right
B.Wrong
C.Doesn't say
相关考题:
A bank's liquid assets include following items except ______.A.notes, coins and bullionB.current balances with central and other banksC.money at call and short noticeD.bank's premises
The banks will be punished by the Reserve Bank if they refuse to cooperate.A.RightB.WrongC.Doesn't say
The commercial banks mentioned in the passage can not have any other trade with companies except the credit action.A.RightB.WrongC.Doesn't say
The recovery of funds of a commercial bank is ideally managed on a parallel with its expenditure.A.RightB.WrongC.Doesn't say
A commercial bank should try its best to increase the profits of its creditor and ownership sources.A.RightB.WrongC.Doesn't say
Relatively efficient market can usually provide information on the credit worthiness of a commercial bank.A.RightB.WrongC.Doesn't say
听力原文:Commercial banks are mainly to provide short-term loans for the capital market with the acquired deposits and the funds from other channels.(2)A.Commercial banks mainly provide short-term loans for the capital market.B.The capital market mainly depends on the acquired deposits and the funds from other channels.C.Short-term loans are mainly from the acquired deposits and the funds from other channels.D.Commercial banks mainly depend on the capital market for deposits and the funds.
CDs may be exchanged for money before its maturity date either in money markets or at commercial banks.A.RightB.WrongC.Doesn't say
A sound bank will not suffer from the bankruptcy of other unrelated banks.A.RightB.WrongC.Doesn't say
Banks are subject to various forms of legal risk, including inadequate or incorrect (56) advice or documentation that may result in unexpected decline in the value of (57) or unexpected increase in the value of liabilities. In addition, existing laws may (58) resolve legal issues involving a bank; a court case involving a (59) bank may have wider implications for banking business and involve costs to it and many or all other banks; and, laws (60) banks or other commercial enterprises may change. Banks are particularly susceptible to legal risks when entering new types of transactions and when the legal right of a counterpart to enter into a transaction is not established.(41)A.bankB.financialC.legalD.governmental
A commercial bank shall establish and improve its system of internal control according to law.A.RightB.WrongC.Doesn't say
Term borrowings are used to finance the borrowers to purchase buildings and equipment needed, working capital and existing obligations.A.RightB.WrongC.Doesn't say
Nowadays a private business usually obtains its working capital through a commercial bank.A.RightB.WrongC.Doesn't say
In the UK commercial banks often raise funds by issuing bonds and stocks.A.RightB.WrongC.Doesn't say
Which of the following is implied in the passage?A.A very important purpose of bank-supervision is to provide adequate capital for their operation.B.A very important purpose of bank-supervision is to ensure banks to operate with adequate capital.C.A very important purpose of bank-supervision is to put additional restrictions on the banks' operations.D.A very important purpose of bank-supervision is to concentrate on risks.
What are large banks in large cities engaged in besides supplying bank deposit services?A.They are engaged in international trade.B.They do some particular business with foreigners.C.They provide some specific ancillary services.D.They establish correspondent banks in small cities.
What is called correspondent banking?A.The bank which provides additional banking services.B.The provision of banking services to other banks.C.The particular ancillary services provided to foreign countries.D.The bank issuing credit cards.
Who may supply business loans in a remote area if there is no financial intermediaries offering such services?A.The local bank in the area.B.Business companies.C.Brokers in the Federal Funds.D.Correspondent banks.
What will happen if there is one commercial bank and no thrifts in a small town?A.The residents will deposit their money with the bank.B.The local bank will provide business loans to the commercial bank.C.Some large banks will transport money by check to the bank.D.People in the area will not deposit money with the bank.
The remitting bank in the procedure of a collection may not be the collecting bank.A.RightB.WrongC.Doesn't say
___is an agreement whereby the seller provides goods or services to the buyer without asking the latter for immediate cash payment. A.trade creditB.bank loansC.commercial paperD.factoring accounts receivable
听力原文:Many banks in America now carry accounts with the Bank of China, Shanghai.(5)A.Many banks in America accept accounts with the Bank of China, Shanghai.B.Many banks in America start business with the Bank of China, Shanghai.C.Many banks in America have accounts with the Bank of China, Shanghai.D.Many banks in America owe money to the Bank of China, Shanghai.
The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.A.RightB.WrongC.Doesn't say
"Balance Sheet" means the statement on which a bank's assets and liabilities are listed.A.RightB.WrongC.Doesn't say
Text 4 Bankers have been blaming themselves for their troubles in public.Behind the scenes,they have been taking aim at someone else:the accounting standard-setters.Their rules,moan the banks,have forced them to report enormous losses,and it's just not fair.These rules say they must value some assets at the price a third party would pay,not the price managers and regulators would like them to fetch.Unfortunately,banks'lobbying now seems to be working.The details may be unknowable,but the independence of standard-setters,essential to the proper functioning of capital markets,is being compromised.And,unless banks carry toxic assets at prices that attract buyers,reviving the banking system will be difficult.After a bruising encounter with Congress,America's Financial Accounting Standards Board(FASB)rushed through rule changes.These gave banks more freedom to use models to value illiquid assets and more flexibility in recognizing losses on long-term assets in their income statement.Bob Herz,the FASB's chairman,cried out against those who"question our motives."Yet bank shares rose and the changes enhance what one lobby group politely calls"the use of judgment by management."European ministers instantly demanded that the International Accounting Standards Board(IASB)do likewise.The IASB says it does not want to act without overall planning,but the pressure to fold when it completes it reconstruction of rules later this year is strong.Charlie McCreevy,a European commissioner,warned the IASB that it did"not live in a political vacuum"but"in the real word"and that Europe could yet develop different rules.It was banks that were on the wrong planet,with accounts that vastly overvalued assets.Today they argue that market prices overstate losses,because they largely reflect the temporary illiquidity of markets,not the likely extent of bad debts.The truth will not be known for years.But bank's shares trade below their book value,suggesting that investors are skeptical.And dead markets partly reflect the paralysis of banks which will not sell assets for fear of booking losses,yet are reluctant to buy all those supposed bargains.To get the system working again,losses must be recognized and dealt with.America's new plan to buy up toxic assets will not work unless banks mark assets to levels which buyers find attractive.Successful markets require independent and even combative standard-setters.The FASB and IASB have been exactly that,cleaning up rules on stock options and pensions,for example,against hostility from special interests.But by giving in to critics now they are inviting pressure to make more concessions.39.The author thinks the banks were"on the wrong planet"in that theyA.misinterpreted market price indicatorsB.exaggerated the real value of their assetsC.neglected the likely existence of bad debts.D.denied booking losses in their sale of assets.
单选题We understand you need easy access _____ up-to-date information about your accounts in our bank.AinBtoCforDwith