Banking and Financial Institutions Quiz

Which of the following is not a credit activity of the State Bank?

• Consumer lending

• Relationship with the State budget

• Lending to credit institutions

• Guarantee for credit institutions

What is the purpose of the State Bank's credit activities?

• Implementing the target of socio-economic development in specific periods

• Adjusting the operations of credit institutions towards stability and health

• All of the above

• Supplementing short-term capital for credit institutions

Which statement about the role of the State Bank in credit activities is incorrect?

• Being the ultimate lender

• The main tool for monetary policy

• Supporting economic development

• Reducing unemployment rate

What does the State Bank use credit activities to control?

• All of the above

• Control the total credit volume

• Adjust interest rates

• Support key economic sectors

What is the re-guarantee business of the State Bank?

• The business in which the State Bank commits to pay a certain amount in place of credit institutions if they fail to fulfill their obligations to third parties

• ???

• The business in which the State Bank commits to repurchase the debts of credit institutions

• The business in which the State Bank commits to provide capital to credit institutions

What is the purpose of the State Bank's guarantee business?

• Both A and B

• ???

• Supporting credit institutions in accessing capital from third parties

• Supporting credit institutions in implementing investment and business projects

Which statement about the State Bank's guarantee for credit institutions is the most complete?

• Includes B and no additional fees are required (if any)

• Includes A and the borrower has to pay both principal and interest to the guarantor, including any arising fees

• Includes A and the borrower does not have to pay interest to the guarantor but only pay the principal

• The State Bank's guarantee for the foreign loans of credit institutions is a written commitment of the State Bank to the lender to ensure the fulfillment of payment obligations as agreed in the loan contract of the credit institution to the lender when the borrower fails to make payment

The State Bank is responsible after guaranteeing for credit institutions:

• Handle arising risks from guaranteeing for credit institutions as regulated

• All of the above

• Collect guarantee fees from credit institutions as regulated

• Fulfill the guarantee obligation on behalf of credit institutions in case credit institutions cannot fulfill their obligations to third parties

Who does the central bank lend to?

• Only lend to credit institutions

• Lend to all organizations and individuals

• Only lend to economic organizations and individuals

• Lend to social organizations, individuals, and economic organizations

Which statement about the activities of the State Bank of Vietnam is accurate?

• The State Bank of Vietnam operates for profit purposes

• The State Bank of Vietnam does not operate for profit purposes

• The State Bank of Vietnam operates for the purposes of commercial banks

• The State Bank of Vietnam operates for the purposes of credit institutions