Список вопросов базы знаний

Which of the two assertions are true and which are false?

A) travellers cheques are safe because of the two signatures needed

B) When you buy travelers cheques, you sign in the top left-hand corner, where it says ‘signature’

Which of the two assertions are true and which are false?

A) Very successful businesses can apply to be quoted or listed (i.e. to have their shares traded) at major street markets

B) Publicly quoted companies have to fulfil a large number of requirements, including sending their shareholders an independently-audited report every year, containing the year’s trading results and a statement of their financial position

Which of the two assertions are true and which are false?

A) When faking money, bankers have to find a balance between yield and risk, and between liquidity and different maturities

B) Merchant banks in Britain raise funds for industry on the various financial markets, finance international trade, issue and underwrite securities, deal with takeovers and mergers, and forge banknotes

Which of the two assertions are true and which are false?

A) When you change travellers cheques for cash in another country, you sign again in the presence of the cashier (you ‘ ‘cash’ or ‘encash’ them). Then you should take the cash and run away, the cheque still safely in your hand

B) The cashier should inspect the travellers cheque to see if the signature and countersignature correspond

Which of the two assertions are true and which are false?

A) With a current account you have the advantage of a cheque book service, which means that you don’t have the risk of carrying large amounts of cash with you, only that huge book

B) You can learn where your money goes and where it comes from, because you get a regular statement from your bank, showing debit and credit entries (or payments and receipts, respectively), and the balance.At the end you lose it anyway.

Which of the two assertions are true and which are false?

A) You can pay your bills by cheque in shops, hotels, airports, restaurants and most other places (but not in taxis, for example)

B) You can pay regular bills by direct debit from your country’s prime-minister’s account

Which of the two assertions are true and which are false?

A) You can tell your bank, for example, to ‘pay Monarch Insurance Co. Ј10 per month on the 21st of every month from now until hell freezes over’

B) You don’t have to remember every month; you don’t have to post the cheque to Monarch Insurance Co.; you don’t have to travel to their office

Which of the two assertions are true and which are false?

A) You can withdraw money from a deposit account by giving notice to a bank

B) This notice is usually seven days

Which of the two assertions are true and which are false?

A) The unsuccessful business people may have to sell nearly all their possessions, in order to pay their debts, even their shoes and baseball caps

B) A limited company is a legal entity separate from its owners, and is not liable for the amount of capital that has been invested in it

A complex payment is a payment where there is a foreign currency and a string of banks. An intermediary bank may be needed ___, for example, the payer’s bank does not have a correspondent in the jurisdiction of the payment currency

According to the law, urrent accounts are payable on demand, either by withdrawal or by the customer instructing the bank to make ___ to a third party

Along with many complaints about impersonal service and computer error, many people ___ the more obvious sales role of banking staff

And in other areas of the banking industry, new markets and products have hit the headlines, ___ important questions about supervision

As a result of ___ changes, a bank of the twenty-first century will bear little resemblance to its historical forebears founded six hundred years ago

As the government’s bank, the Bank of England carries ___ many functions. It runs the accounts of government departments and handles the government’s vast number of financial payments, receipts and transfers

As we know, banking by telephone is set to become the norm for most personal clients within the next decade; the customer need never ___ his or her local branch

As we know, the most basic bank account is the ___ account

As we know, with a debit transfer the sequence begins with the payer ___ its bank to pay, but actual payment is initiated when the payee presents a debit instrument (e.g. a cheque) or debit instruction (e.g. under a direct debit) to the payer’s bank

Banks are gradually becoming more like one another and it is more accurate to talk of merchant banking and retail banking rather ___ merchant banks and retail banks

Banks in Britain raise funds for industry on the various financial ___

Banks in three countries may be involved, ___ where the payer in London wants to make payment in US dollars to the payee in Singapore

But another issue in ___ is the question of globalization

By domestic payment is meant payment in the local currency between banks in the same country. In this case, settlement can be across the books of that country’s central bank. With a credit transfer the payer instructs its bank, ___ sends a payment message to the payee’s bank

Choose the right preposition: . If any representation, warranty, resolution or transactions made by the Borrower in or pursuant ___ this Agreement or in any doc­ument or statement delivered or made pursuant hereto is or becomes incorrect in any material respect and, if subject to cure, is not cured within (15) days from date of receipt by the Borrower of notice given by the Lender of such incorrectness

Choose the right preposition: All necessary government approvals relating ___ this Agreement, if any, have been obtained and remain effective

Choose the right preposition: All representations and warranties contained ___ Article 10 hereof shall be true on and as of the Drawdown Date with the same effect, as though such representations and warranties had been made on and as of the Drawdown Date

Choose the right preposition: All such disputes or differences which arise out of, or ___ connection with, this Agreement shall be settled by means of negotiations between the parties

Choose the right preposition: At the time of 1st disbursement the Borrower’s delivery to the Lender of a written opinion of (Senior) General Legal Manager of the Borrower, addressed to the Lender, ___ the form of Exhibit A attached hereto

Choose the right preposition: Declare the outstanding amount under this Agreement to be immediately due and payable together ___ accrued interest and all other sums payable hereunder, whereupon the same shall become forthwith due and payable

Choose the right preposition: If no drawing has been made hereunder, declare that the Agreement shall be cancelled, whereupon the same shall be cancelled forthwith and all amounts payable ___ shall become forthwith due and payable

Choose the right preposition: If, within fifteen days after receipt by the claimant of the name of the Arbitrator, the respondent has not, ___ cable or telex, notified the claimant of the name of the arbitrator he appoints, the second arbitrator shall be appointed in accordance with the following procedures

Choose the right preposition: If, ___ any reason, any provision of this Agreement is held invalid, such invalidity shall not effect any other provision of this Agreement and the other provisions shall, to the full extent consistent with law, continue in full force and effect

Choose the right preposition: In such a case, any and all representations, warranties, arid covenants of the Borrower hereunder shall be deemed to have been made for the benefit of such assignee (hereinafter called “the Assignee”) to whom the Lender’s rights and interests have been assigned and ___ the benefit of their successors and assign­ors

Choose the right preposition: Right, let’s come back ___ that

Choose the right preposition: The arbitration shall be held ___ accordance with the UNCITRAL Arbitration Rules as in effect on the date of this Agreement; except that, in the event of any conflict between those rules and the Arbitration provisions of this Agreement, the provisions of this Agreement shall govern

Choose the right preposition: The Borrower shall have performed all agreements ___ its part required to be performed on or prior to the Drawdown Date of this Agreement

Choose the right preposition: The Lender shall have the right, exercisable at any time at its sole discretion and its own expense, upon written notice ___ the Borrower, to sell, assign, or transfer to the Lender’s affiliate or subsidiaries

Choose the right preposition: The Stockhold Chamber of Commerce shall be appointing authority, except ___ the specific provisions contained in Clause 17. 6. 1 and 17. 6. 2 below

Choose the right preposition: Then, ___ any such event and at any time hereafter, if any suet event then continues the Lender may by notice to the Borrower

Choose the right preposition: Well, as you know, in our line of business, we’re always going to have a cash flow problem. As we expand, it’s difficult to avoid pushing up the need ___ working capital

Choose the right preposition: Well, we’ve considered that. We could raise Ј50,000 by cutting back ___ management bonuses and one or two investment projects

Choose the right preposition: Yes, I have. As you can see, turnover is up on last year by about 20 per cent and profits look like being even better – about 25 per cent higher than last year. That means a net profit ___ around Ј30,000

Choose the right preposition: Yes, we have. As you know, it’s difficult to forecast accurately in our line of business, but we reckon turnover should continue to increase ___ this sort of rate for the next five years and our margins, if anything, should get better

Choose the right preposition: ___ the time of each Drawdown Date and throughout the period from execution of this Agreement up to the final Drawdown Date

Choose the right preposition: By law, if the parties do not settle any such dispute or difference within twenty-one (21) days after first conferring, then such dispute or difference shall be settled ___ arbitration

Choose the right preposition: He shall not assign or transfer this Agreement or all or any part of its rights and obligations under this Agreement without a written consent ___ the Lender

Choose the right preposition: Please, be informed that the award ___ the Arbitrators shall be final and binding upon the parties

Choose the right preposition: Remember, that the obligation of the Lender to make the Loan ___ this Agreement is subject to the following conditions

Choose the right preposition: When an order is made or an effective resolution is passed or anal­ogous proceedings are taken for the liquidation or dissolution ___ the Borrower or if any event occurs, which under the laws of Russia shall have an equivalent effect

Choose the right preposition: When the Borrower commits breach or fails to observe any of its obligations or undertakings under this Agreement (other than 1 above) and such breach continues for thirty (30) days after notice thereof has been received …the Borrower from the Lender