单选题 The first supervisory technique is the process of licensing or chartering hanks. In most countries banks must acquire a charter in order to undertake banking business. By basing banking supervision on a system of licensing &posit"- taking institutions (and, where appropriate, other types of financial institutions), the supervisors will have a means of identifying the population to be supervised and entry to the banking system will be controlled. The licensing process attempts to prevent destabilizing factors (such as inadequate financial resources, unqualified management, or excessive competition) from entering the banking system in the first place. Although the licensing process cannot guarantee that a bank will be well run after it opens, it has proven to be an effective method for reducing the number of unstable situations.
Bank charter is usually granted by the central bank or a separate supervisory body of a country. The actual licensing processes and scrutinizing factors considered by different chartering authorities may not be the same but usually share some similarities.

单选题 In most countries banks must acquire a license in order to undertake banking business.

单选题 The licensing process can guarantee flint a bank will be well run after it opens.

单选题 The actual chartering processes and scrutinizing factors considered by different chartering authorities may he. different.