1、金融英语中级银行业务-3 及答案解析(总分：108.00，做题时间：90 分钟)一、BSECTION ONE (Co(总题数：1，分数：20.00)Now listen to a short conversation and a passage on the tape. This will be played once on the recorder. You may make notes while you are listening but you should not answer any questions until the reading is over. BQustion 1/B
2、（分数：20.00）(1).Why does Joan Smith come to the bank?（分数：2.00）填空项 1:_(2).Whats the name of the bank officer in charge of Credit Card Depamnent?（分数：2.00）填空项 1:_(3).According to the conversation, what is the credit card?（分数：2.00）填空项 1:_(4).According to the conversation, what is the main characteristic o
3、f a credit card?（分数：2.00）填空项 1:_(5).How do banks profit themselves from issuing the cards?（分数：2.00）填空项 1:_(6).When do Smith and James meet again?（分数：2.00）填空项 1:_(7).According to the passage, how often does the card holder receive from the bank a statement describing the purchase record?（分数：2.00）填空项
4、1:_(8).On what will the credit limit offered by the banks depend?（分数：2.00）填空项 1:_(9).According to the passage, what is a smart card?（分数：2.00）填空项 1:_(10).According to the passage, what does a card holder have to worry about?（分数：2.00）填空项 1:_二、BSECTION TWO (Co(总题数：12，分数：24.00)1.The Merchantile Bank als
5、o issued coins until the late 1970s.（分数：2.00）A.正确B.错误2.In Hongkong, money supply is a market-determined phenomenon rather than a Monetary Authority regulated one.（分数：2.00）A.正确B.错误3.A commercial paper is essentially a promissory note, secured and with a maturity date.（分数：2.00）A.正确B.错误4.A certificate
6、of deposits differs from the general type of time deposits in that it is negotiable and can be sold to another party before the maturity date.（分数：2.00）A.正确B.错误5.Under true lease, the company or the bank will hold the title to the facilities, receive tax credit if there is any, sell facilities to the
7、 user at a bargain price when the lease expires.（分数：2.00）A.正确B.错误6.An irrevocable credit may be cancelled at any time up to the moment the advising bank pays.（分数：2.00）A.正确B.错误7.Because futures contracts are standardized, they are very useful for quotation and trading.（分数：2.00）A.正确B.错误8.Unsimilar to
8、the Hongkong dollar savings deposit, the customer with foreign currency savings deposit can withdraw funds at any time without giving prior notice to the bank.（分数：2.00）A.正确B.错误9.A bridging loan is a loan which is granted to purchase a car.（分数：2.00）A.正确B.错误10.“Gross-working-capital“ refers to all of
9、the following current assets: cash, account receivable, inventory and any other liquid assets.（分数：2.00）A.正确B.错误11.A put option is an option which gives the buyer the right to buy the currency at the stated strike price on or before the expiry date.（分数：2.00）A.正确B.错误12.In August 1996, 2 trial credit c
10、ards named as “Visa Cash“ and “Mondex“ were introduced in Hongkong.（分数：2.00）A.正确B.错误三、BSECTION THREE (总题数：6，分数：24.00)13.What are the agents required in the process of money creation through the open-market operations?（分数：4.00）_14.List any 4 most general types of bank loans and advances that banks pr
11、ovide to all economic sectors.（分数：4.00）_15.What global electronic banking services can business customers obtain from banks?（分数：4.00）_16.List any 3 reasons for having funds moved from one country to another.（分数：4.00）_17.Name any 3 conditions that a company, a person or group of persons need to meet
12、in order to get a bank license in HK.（分数：4.00）_18.What does the Federal Reserve Payment Services include?（分数：4.00）_四、BSECTION ROUR/(总题数：2，分数：20.00)19.Banks provide many services to business sectors. Describe syndicated loans and project financing.（分数：10.00）_20.Besides file loans, banks provide non-l
13、oan financial services to their business clients. Describe the factoring services and leasing.（分数：10.00）_五、BSECTION FIVE/(总题数：3，分数：20.00)21.Analyzing the “security“the factor that banks employ to consider the loan granting.（分数：5.00）_22.(a)write short notes on the following: (i)CAMEL (ii)Market Risk
14、Exposure (iii)STET (iv)Code of Banking Practice (b)What travel facilities do banks provide to their customers?（分数：5.00）_23.Mr.Wu is expecting the goods he has ordered to arrive in three months and he has been asked to pay in Japanese Yen. Mr. Wu comes into your bank and asks for help, knowing that t
15、he Yen has increased in value over the past six months. What can you, as the banks manager, do for Mr. Wu?（分数：10.00）_金融英语中级银行业务-3 答案解析(总分：108.00，做题时间：90 分钟)一、BSECTION ONE (Co(总题数：1，分数：20.00)Now listen to a short conversation and a passage on the tape. This will be played once on the recorder. You ma
16、y make notes while you are listening but you should not answer any questions until the reading is over. BQustion 1/B（分数：20.00）(1).Why does Joan Smith come to the bank?（分数：2.00）填空项 1:_ （正确答案：Because his university want to give every teacher a credit card as a new-year gift.）解析：听力原文1-10 B A Credit Car
17、d/B A: Excuse me. May I come in? B: Yes, of course. What can I do for you? A: I want to make clear something about the credit cards, because our university wants to give every teacher a credit card as a new-year gift. Is this a right place for that purpose? B: Yes indeed. Please take a seat. My name
18、 is Jane Lee. Im in charge of the Credit Card Department. A: Oh, nice to meet you, Mr. Lee. This is my name card. Im Jane Smith from Capital University. B: Ok, Mrs. Smith. Tell me please what would you like to know? A: Well, we know nowadays credit cards are very popular. Many feel that it will only
19、 be a matter of time before credit cards completely replace cash and checks for both individuals and organizations. But we are not very clear about what it is. B: Credit cards, or bank credit cards are instruments issued by banks to carefully selected applicants. A: I hear that with it you can do ma
20、ny things. B: Yes. It can be for use in obtaining, on credit, consumer goods, services and other things when necessary. A: One of our teachers told me that we can draw cash by using it. B: Correct. They may also be used in obtaining cash. Under bank credit scheme, customers are provided, usually fre
21、e of change, with a plastic card carrying a line of credit which varies according to the financial status of a card holder. A: Yeah. I remember some people calling it plastic money. B: Its because the cards are made of plastics. They are generally called plastic cards and bank credit cards are merel
22、y a kind of such plastic cards. A: What are the special features of this kind of card? B: With a credit card, you can pay for purchases a month later, without any extra charge. A: Sounds interesting. Another attractive point? B: You may choose to make your payments over several months and pay only p
23、art of the total amount each month. A: Well, Mr. Lee. This service seems too nice to be believed. B: Yes, Mrs. Smith. But its true. However. In this case, the bank who sponsors the credit card, will add a small service charge to your total bill. A: Look. There is no such thing as a free lunch. B: Ne
24、vertheless, it is very convenient for the customer. A: I see. Its convenient indeed. What are its main characteristics? B: With the credit card, you dont have to carry much money. This is the main advantage of it. A: Please explain it to me, Mr. Lee. Im interested in it. B: This is not only saves yo
25、ur time otherwise taken to make your trips to the bank to cash checks or withdraw cash, but also will relieves you from worrying about losing the money through carelessness or theft. A: Thats great for our teachers who sometimes travel with cash during their vacations. I think it will be a good gift
26、 for them. By the way, may I know how you, I mean banks, profit themselves from issuing the cards? B: Banks profit from the fees they charge the stores that accept credit cards and also from the fees collected from customers who pay for their purchases in monthly installments. A: In our times, there
27、 exists a rule: profit and risk come together. So banks also encounter some risks in operation of the business. Then what are the probable risks? Im just curious about that. B: A good question! Everything is two-sided. Banks sometimes have problems collecting overdue payments from bad customers. And
28、 banks are also responsible for the goads and services illegally charged to their customers accounts, for instance, the use of stolen, lost or counterfeit cards by criminals. A: OK. Thank you Mr. Lee for the explanations. Now Ive had valuable knowledge. So we have almost decided to make a deal with
29、your banks. But can you send a team to our university to handle all those procedures? Because as a university we have many teachers, and it will be convenient for both of us to go through the procedures on our campus. B: Yes. Of course. We have such services for group customers. When shall we do it?
30、 A: Tomorrow morning. We will expect to see you. Is that ok? B: OK. See you tomorrow. A: Goodbye! B A Credit Card/B Today, more and more people in the US are using credit cards instead of money to buy the things they need. Almost anyone who has a steady income and a good work record can apply for a
31、credit card. There are many credit cards available: American Express, VISA and Diners Club are the names of some of the most popular. If you have a credit card, you can buy a car, eat dinner, take a trip, and even get haircut by charging the cost to your account. In this way you can pay for the purc
32、hases a month later, without any extra charge. Or you may choose to make your payments over several months and pay only part of the total amount each month. If you do this, the bank will add a small service charge to your total bill. With the credit card in your wallet or purse, you dont have to car
33、ry much cash. This saves you trips to the hank to cash checks or withdraw cash. Also, if you carry credit cards, you dont have to worry about losing money. The card user only has to worry about paying the final bill. This, of course, can be a problem, if you can be charged more than you can pay for.
34、 Every time the card holder uses his card to make purchases, he signs the sales slip in the presence of the seller. A dispensing machine records the sales, the amount, the date of transaction and file cards reference number. The vendor will then claim reimbursement from the banks with respect to the
35、 sales made and pay a service commission, ranging from 1% to 5 % of the sales. The card holder will receive from the bank a monthly statement describing the purchase record over the previous month, the amount paid last month and the amount owed up-to-date. The card holder has the option of paying th
36、e total amount due within a period prescribed by the bank, or paying a minimum amount. If the card holder opted for the latter, he would have to pay a compound interest of up to 2.4% per month on the amount outstanding. Credit cards are big business. Americans spend $ 16 billion a year on cards, and
37、 there are already 590 million of them in circulation. Many banks have their own credit card companies and issue cards free to their customers. The stores that accept credit cards must pay a small fee to the banksa percentage of the purchase price of the merchandise or service. In return, the banks
38、promptly pay the store for the merchandise or service. Some banks offer up to five different types of cards. Most cards have a credit limit revocable on a monthly basis. The credit limit offered by the banks will depend on the income, the profession, and spending habits of the card holder. Some card
39、s have no credit limit although the card holder or the vendor should notify the banks prior to sale if the transaction involves a large sum. High tech developments in banking have led to “smart card“ being introduced. This card, with a chip embedded in the plastic, works like an instant cheque accou
40、nt which allows purchases to be paid for up to the money value stored in it. Ideally, the “smart card“ can be used almost everywhereunlike credit cards, which some shops refuse to accept, for cheap items in particular.(2).Whats the name of the bank officer in charge of Credit Card Depamnent?（分数：2.00
41、）填空项 1:_ （正确答案：Jane Lee.）解析：(3).According to the conversation, what is the credit card?（分数：2.00）填空项 1:_ （正确答案：Credit cards, or bank credit cards are instruments issued by banks to carefully selected applicants.）解析：(4).According to the conversation, what is the main characteristic of a credit card?（分
42、数：2.00）填空项 1:_ （正确答案：With the credit card, you dont have to carry much money.）解析：(5).How do banks profit themselves from issuing the cards?（分数：2.00）填空项 1:_ （正确答案：Banks profit from the fees they charge the stores that accept credit cards and also from the fees collected from customers who pay for the
43、ir purchases in monthly installments.）解析：(6).When do Smith and James meet again?（分数：2.00）填空项 1:_ （正确答案：The following, day.）解析：(7).According to the passage, how often does the card holder receive from the bank a statement describing the purchase record?（分数：2.00）填空项 1:_ （正确答案：Every month.）解析：(8).On wh
44、at will the credit limit offered by the banks depend?（分数：2.00）填空项 1:_ （正确答案：On the income, the profession, and spending habits of the card holder.）解析：(9).According to the passage, what is a smart card?（分数：2.00）填空项 1:_ （正确答案：This card, with a chip embedded in the plastic, works like an instant cheque
45、 account which allows purchases to be paid for up to the money value stored in it.）解析：(10).According to the passage, what does a card holder have to worry about?（分数：2.00）填空项 1:_ （正确答案：The card user only has to worry about paying the final bill.）解析：二、BSECTION TWO (Co(总题数：12，分数：24.00)1.The Merchantile Bank also issued coins until the late 1970s.（分数：2.00）A.正确B.错误 解析：Correction: The Merchan
