Cu 1: These statements are True or False? Please explain shortly (40 marks) (CLO 1.1; CLO 2.1; CLO 2.2) 1.1. The process of loan review means that a loan committee must generally approve a loan before the borrower is told the loan is approved 1.2. The only way to solve with liquidity problems of banks is to provide more short-term loans. 1.3. The role performed by banks in which they stand behind their customers when those customers are unable to pay a debt obligation is known as the discounting valuable paper role. 1.4. CAMELS rating system should be used in evaluating the credit worthiness of loan proposal. 1.5. Cash is one of the 6 C's of lending and refers to the fact that the lender wants to make sure the borrower has the ability to generate enough cash to repay the loan