Right
Wrong
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
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Euro CDs are the negotiable certificates of deposit denominated in European currencies issued by American hanks outside the United States.A.RightB.WrongC.Doesn't say
The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.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
A revolving credit commitment gives the borrower assurances of the availability of funds over unexpected period of tight credit in future years.A.RightB.WrongC.Doesn't say
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.RightB.WrongC.Doesn't say
If an "open" cheque falls into some unauthorized person's hand, he can cash it immediately and the bank is not able to trace him.A.RightB.WrongC.Doesn't say