What can we infer from the passage?
A.The Basle Committee's core principles require the minimum capital adequacy requirements.
B.The Basle Committee encourages banks to operate with capital of the minimum.
C.The Basle Committee helps bank supervisors to reduce the risk of loss.
D.The Basle Committee ensures banks to pursue the stability of the banking industry.
Supervisors usually pay more attention to the individual bank.
A.Right
B.Wrong
C.Doesn't say
(5)
A.The paying bank sends the check to the remitting bank for repayment.
B.The remitting bank sends the check to the paying bank for repayment.
C.The collecting bank sends the check to the remitting bank for repayment.
D.The remitting bank sends the check to the collecting bank for repayment.
(10)
A.The issuing bank of an L/C is a bank in the exporter's country.
B.The issuing bank establishes an L/C in favor of the exporter.
C.The issuing bank of an L/C is a bank in the importer's country.
D.The bank that opens the letter of credit on behalf of the importer is the advising bank.
(2)
A.The issuing bank will send the bill of lading and the L/C to the advising bank.
B.The issuing bank will notify the advising bank of the bill of lading and the L/C
C.The advising bank will reimburse the bill of lading and the L/C
D.The issuing bank will reimburse the bill of lading and the L/C
A.Right
B.Wrong
C.Doesn't say
(4)
A.A bank or insurance company issues an advance payment bond.
B.A bank or insurance company issues a tender bond.
C.A bank or insurance company issues a maintenance bond.
D.A bank or insurance company issues a performance bond.
(4)
A.The bank must take the purpose of loan into consideration carefully.
B.The bank wonders if the loan is used for illegal or speculative purpose.
C.The bank worries that the loan is used for illegal or speculative purpose.
D.The bank must consider a way for the loan to be used for speculative purpose.