1、初级银行综合类-6(听力部分暂无答案)及答案解析(总分：100.00，做题时间：90 分钟)一、B听力题/B(总题数：2，分数：10.00)Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must
2、read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.（分数：5.00）A.3%B.5%C.11%D.NoneA.The husbands name.B.The wifes name.C.The transferors name.D.The bankers name.A.A librarian.B.A prof
3、essor.C.An accountant.D.A reporter.A.4%B.4. 5%C.5%D.5.5%A.To write as many checks as they want.B.To make sure of the amount of the deposits.C.To get a penalty of 3 for each check.D.To try to make more money.（分数：5.00）A.Husband and wife.B.Bank clerk and customer.C.Credit officer and customer.D.Estate
4、agent and house buyer.A.Bills of lading.B.Consular invoice.C.Insurance policy.D.Certificate of origin.A.A credit line of 2 million.B.Mortgage loans.C.A credit line with ABC bank.D.Credit facilities from the mans bank.A.Six months.B.Twelve months.C.One month.D.A half month.A.It has the most modem ban
5、king facilities.B.It has served for fifteen years.C.It has available convenience loans of all types.D.It is very convenient because its located very close to his home.二、B单项选择/B(总题数：10，分数：10.00)1.Owners equity is measured by subtracting liabilities from assets. This sentence can be described as the f
6、ollowing equation _.（分数：1.00）A.ASSETS - LIABILITIES + OWNERS EQUITYB.ASSETS - LIABILITIES = OWNERS EQUITYC.OWNERS EQUITY = ASSETS + LIABILITIESD.OWNERS EQUITY = LIABILITIES - ASSETS2.Another name for junk bonds is _.（分数：1.00）A.high- yield securitiesB.non- investment grade securitiesC.speculative inv
7、estment securitiesD.any of the above3.A repurchase agreement is a transaction in which _.（分数：1.00）A.a lender agrees to buy back securities at a specified future date at a predetermined priceB.a borrower agrees to buy back securities at a specified future date at a predetermined priceC.a borrower agr
8、ees to sell back securities at a specified future date at a predetermined priceD.none of the above4._ are assets that are expected to be converted to cash, sold, or consumed during the next 12 months or within the businesss normal operating cycle if longer than a year.（分数：1.00）A.Long - term assetsB.
9、Long - term liabilitiesC.Current liabilitiesD.Current assets5.Securities subject to mortgage are _.（分数：1.00）A.deeds, fire policies, and stocks and shares and other chooses in actionB.title deeds, fire policies, and equities and other chooses in actionC.title deeds, life policies, and stocks and shar
10、es and other chooses in actionD.title deeds, life policies, and equities and other chooses in action6.The Peoples Bank of China shall _ and exercise supervision and control over the financial industry under the leadership of the State Council.（分数：1.00）A.formulate and implement monetary policiesB.inv
11、ent and use monetary policiesC.provide and harness monetary policiesD.create and apply monetary policies7.What does IPO stand for?（分数：1.00）A.Initial Pact OrganizationB.Initial Public OfferingC.International Public OfferingD.Intellectual Property Organization8.The primary source of funds of fire and
12、casualty insurance companies includes _.（分数：1.00）A.savings depositsB.premiums from policiesC.commercial paper, stocks and bondsD.all of the above9.Financial markets can be classified as _.（分数：1.00）A.debt and equity marketsB.primary and secondary marketsC.money and capital marketsD.all of tile above1
13、0.The interdependence between Chinas economy and the world economy _ significantly.（分数：1.00）A.deepedB.deepenedC.dependentD.depends三、B完型填空/B(总题数：2，分数：20.00)Portfolio management is becoming an U(21) /U part of the credit process. In the management of their portfolio, commercial banks emphasize the imp
14、ortance of asset and earning U(22) /U, the immediate recognition as losses of all credit judged to be U(23) /U, and the maintenance of appropriate credit loss U(24) /U. All identified losses should be immediately U(25) /U （分数：10.00）A.integralB.internalC.internationalD.interestingA.classificationB.di
15、versificationC.abilityD.adequacyA.overdueB.collectableC.uncollectibleD.soundA.preparationB.positionC.differenceD.allowanceA.written offB.excludedC.includedD.paid offInvestment institutions U(26) /U the third major category in our financial system. These institutions combine the relatively small amou
16、nts of savings from many individuals and invest the U(27) /U in financial assets. Mutual funds purchase corporate stocks and bonds as well as government securities. Real estate investment trusts invest in U(28) /U and mortgages. Money market funds invest in short - term debt securities. While indivi
17、dual investors can invest directly in such securities, investment institutions U(29) /U small investors diversification and experienced management of their funds. The fourth category consists of financial companies. These companies provide loans directly to consumers and businesses. Sales and consum
18、er finance companies lend to individuals. Sales finance companies finance installment loan purchases of automobiles and other U(30) /U goods. Consumer finance companies provide small loans to individuals and households. The fifth category consists of securities market institutions that are involved
19、in the savings - investment process and the marketing and transferring of claims to wealth. Credit -reporting and credit-rating organizations aid lenders in deciding whether to extend credit to consumers and businesses.（分数：10.00）A.foundB.set upC.establishD.make upA.moneyB.totalC.finalD.amountA.stock
20、sB.propertyC.assetD.housesA.offerB.provideC.produceD.deliverA.tangibleB.familyC.industrialD.durable四、B阅读理解/B(总题数：2，分数：20.00)The original issuer of a security is referred to as a borrower, and the purchaser is referred to as a lender. Most securities traded in the secondary markets belong to one of t
21、wo broad classifications: bonds or stocks. Bonds are credit instruments redeemable in a given number of dollars and yielding a fixed return. Important characteristics of bonds include face (or par) value, maturity date, and coupon rate. Face values for most bonds are 5; 1 000, although some governme
22、nt issues have $ 10 000 face values. Face value represents the total amount of cash payable to the owner at the bonds maturity date, which can range from 1 to 30 years. Prior to maturity, yearly coupon payments equal to the coupon rate times the face value are paid. These coupons represent a profit
23、to the bond owner. Coupon rates on newly issued bonds closely follow the level of interest rates in the economy. Once set in the initial primary market sale, however, the coupon on a given issue will not change in response to changing interest rates in the economy. Instead, the market price of the b
24、ond changes. When a bonds coupon rate is equal to the general level of interest rates prevailing in the economy, the bonds market price will be equal to its face value. When the coupon rate is higher than prevailing interest rates, the bond will sell at a premium over its face value. When the coupon
25、 rate is lower than prevailing interest rates, the bond will sell at a discount from its face value. Interest on bonds constitutes a legal obligation, and failure to pay it may result in bankruptcy.Preferred stocks are similar to bonds in that they have stated face values (often 100) and a specified
26、 dividend payment (similar to a bonds coupon). They differ from bonds because they do not have a scheduled maturity date and because yearly dividends may remain unpaid for a few years without forcing the issuer into bankruptcy. Common stocks have no specified yearly cash payments or maturity date. T
27、hese securities have an infinite life on which cash will be earned only if the issuer has satisfactory profits. Because the cash returns on bonds are the most certain, they are viewed as the least risky investment and provide the lowest expected rate of return. Preferred stocks are viewed as more ri
28、sky than bonds and less risky than common stocks. Common stocks are the most risky and provide the largest expected returns.（分数：10.00）(1).A secondary market is where _.（分数：2.00）A.the original security issuers sells their securities.B.the original lender trade securities with other people.C.loans are
29、 borrowed and paid with interest.D.bond and stocks are traded by the original borrowers and leaders.(2).A. If a security bears face value, maturity date and coupon rate, we call it a _.（分数：2.00）A.stockB.bondC.couponD.preferred stock(3).According to the passage, a coupon is _.（分数：2.00）A.part of a bon
30、d which shows the profit to the bond owner.B.a ticket to buy something at a lower price.C.a ticket that can be used as money.D.a ticket that shows the face value of a bond.(4).Coupon rate on newly issued bonds closely follow the level of interest rates in the economy and _.（分数：2.00）A.change as the i
31、nterest level changes.B.will not change once it is set.C.change as the market price of the bond changes.D.change according to its maturity date.(5).Preferred stocks are similar to bonds except that _.（分数：2.00）A.they dont have face value.B.they dont have interest.C.they dont have maturity date.D.they
32、 dont have a scheduled maturity date and dividends may remain unpaid for a long time.In 1944, officials from forty - five nations assembled for a historic meeting at Bretton Woods in the United States. Even though World War II was still going on, international monetary authorities and world leaders
33、were planning for the future. They wanted to make provisions for the economic problems they expected to follow by the end of the war. These efforts resulted in the formation of the International Monetary Fund. The IMF attempts to encourage monetary cooperation, to promote excharige rate stability, a
34、nd to plan international arrangements on ex- change rates. In addition, the Fund attempts to prevent competitive exchange rate reductions among its members. It also tries to eliminate or reduce any foreign exchange controls that slow down world trade. In order to attain these objectives, however, ve
35、ry large financial reserves are needed. The necessary reserves are obtained in the form of deposits, which are required from each member when joining the Fund. The size of the deposit is known as the members quota.The quota is the heart of the International Monetary Fund. The Fund authorities set th
36、e size of the quota. It is based on the economic importance of the country as shown by such indicators as populations, international trade, and GNP. Traditionally, the quota has been paid in a combination of gold and the members own currency, with 25 percent in gold and the rest in currency. It is i
37、mportant because it determines the maximum amount that the member can draw out in times of difficulty. Sometimes new members have succeeded in reducing the quotas set by the IMF. They have usually regretted this decision when they later needed to withdraw large a- mounts from the Fund.Perhaps the ma
38、in function of the IMF has been to help members with balance of payments problems so as to prevent a monetary crisis. For instance, a small country could experience storm, which greatly reduced its main export crop. Because of the considerable shortfall in ex- port, the country would earn much less
39、foreign exchange than usual. As a result, there would be a current account deficit. Tile country could have difficulty in paying for essential imports, for its official reserves might not provide enough foreign exchange. Without help from abroad, the country could solve the payments problem in two w
40、ays. It could allow its currency to devalue because of the reduced international demand, or it could prevent the exchange rate from falling by using exchange control. Both of these methods seem too dramatic. However, because the countrys problems are very short - term ones. Under these circumstances
41、, the Compensatory Finance Facility can be used to obtain the necessary foreign exchange.（分数：10.00）(1).The objectives of the IMF are _.（分数：2.00）A.to encourage monetary cooperation and to promote exchange rate stability.B.to plan international arrangements on exchange rates.C.to prevent competitive e
42、xchange rate reductions.D.all of the above.(2).When joining the Fund, _.（分数：2.00）A.each member is required to deposit money to the Fund.B.some members are required to deposit money to the Fund.C.all the members are required to deposit the same amount of money to the Fund.D.only a few large countries
43、 are required to deposit money to the Fund.(3).The member quota is _.（分数：2.00）A.the money a member is required to deposit when joining the Fund.B.the money a member could withdraw from the Fund each year.C.the total amount of money the IMF has.D.the money a member should deposit when withdrawing the
44、 Fund.(4).A member of the IMF could withdraw large amounts of money if _.（分数：2.00）A.it has reduced its quota.B.it has deposited a large quota.C.it has increased its quota.D.it has paid tile quota in gold.(5).Compensatory Finance Facility can be used _.（分数：2.00）A.to provide a member nation with its c
45、urrency.B.to help a member nation devalue its currency.C.to help a member nation examine its difficulties.D.to help a member nation with foreign exchange when it is in difficulty.五、B英释汉/B(总题数：2，分数：14.00)11.The impact globalization has on local - national insurers is positive.（分数：7.00）_12.Assurbankin
46、g refers to the system of taking bank products manufactured by an insurance companys own bank and selling them through tile insurers distribution channels.（分数：7.00）_六、B判断正误/B(总题数：2，分数：6.00)Harper it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This
47、 approach is useful for financial reporting purpose; it provides outside readers with information about companys progress and about which functional areas are being emphasized. For managements use in the decision-making process, however, an income statement that follows a cost behavior approach, oft
48、en referred to as a Contribution Margin Income Statement, is more valuable.（分数：3.00）(1).When the management of a business makes some decisions, it often refers to the normal income statement because the normal income statement is more useful.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say(2).Form the functional income statement we can see clearly the total revenue, total cost and gross profit etc.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say(3).From the normal in
