1、金融英语初级-6 及答案解析(总分：100.00，做题时间：90 分钟)一、BPart One Listen(总题数：2，分数：10.00)Section One Directions: In this section, you will hear ten short statements. Each statement will be spoken only once. After each statement there will be a pause. During the pause, you must read the four suggested answers marked A,
2、 B, C and 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.House mortgage has a short history.B.House mortgage appeared in recent yearn in China.C.Nowadays, people still couldnt accept the idea of house mo
3、rtgage.D.Many years ago people accepted house mortgage in China.A.If a country wants to be a member of the World Bank, it should first be the member of the International Monetary Fund.B.The membership of the International Monetary Fund is not so important.C.The membership of the International Moneta
4、ry Fund is not important at all.D.A few countries want to be members of the World Bank.A.Face value is not important.B.Maturity date is not important.C.Coupon rate is important.D.Nothing is important.A.The value of the U.S. dollar changed a lot.B.The value of the U.S. dollar didnt change a lot.C.The
5、 value of U.S. dollar had no change.D.The value of the U.S. dollar had little change.A.They will pay 100 francs in advance.B.They will pay 130 francs in advance.C.They will pay 130 francs later.D.They will pay 120 francs later.A.He forgot to bring his safe.B.He forgot to close his safe.C.He forgot t
6、he code of his safe.D.He forgot to open his safe.A.In the U.S., the Federal Gold Reserve acts as the central bank.B.In the U.S., tile central bank is the commercial bank.C.In the U.S., there is no central bank.D.In the U.S., the central bank is not so important.A.Dont change your ideas.B.Dont change
7、 the accounts.C.Dont leave the bank.D.Dont forget to take your change.A.Barter trade was very important.B.Barter trade was not the original form.C.Money was very important.D.Barter Trade was the original form of international transaction.A.If you lose your bank notes, you will not get them back.B.If
8、 you lose your bank notes, you will get compensation.C.If you lose your bank notes, you can get them back soon.D.If you lose your bank notes, most probably, you will not get them back.二、BSection Two/B(总题数：2，分数：10.00)Directions: In this section, you will hear ten short conversations. At the end of ea
9、ch conversation, a question will be asked about what was said. The conversation and the question will be spoken only once. During the pause, you must 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 lin
10、e through the center.（分数：5.00）A.You must report the loss of your card immediately to the bank.B.You will be scolded.C.You must give a new card to the hank.D.You must pay for tile new card.A.Checks.B.Travelers cheeks.C.Travelers letters of credit.D.Securities.A.The third bank is the issuing bank.B.Th
11、e third bank is not the confirming bank.C.The letter of credit should be confirmed by the third bank.D.The letter of credit should be confirmed by the issuing bank.A.The beneficiary doesnt want to carry the money with himself.B.The beneficiary does so for the sake of safety.C.The beneficiary does so
12、 for the sake of convenience.D.The beneficiary doesnt want to pay the money.A.In order to avoid problems arising from fluctuations of exchange rate.B.In order to get more money.C.In order to use the money as soon as possible.D.In order to overdraw the money.A.In Australia.B.In Austria.C.In China.D.I
13、n the U.S.A.I wont advertise.B.I dont want to report to the police station.C.I will be worded about this.D.Ill advertise or report to the police station.A.Three - month.B.Six - month.C.15 days.D.Twelve - month.A.RMB.B.Hongkong Dollar.C.Dollar.D.Franc.A.The government.B.The banks.C.The leaders.D.The
14、fund authorities.三、BSection Three(总题数：1，分数：3.00)Directions: In this section you will hear three short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four
15、choices marked A, B, C, and D.Then mark the corresponding letter an tile ANSWER SHEET with a single line through the center. BPassage One/B（分数：3.00）A.1994B.1996C.1998D.1995A.280 millionB.180 millionC.280 billionD.180 billionA.small projectsB.financing key state construction projectsC.hope projectsD.
16、private projects四、BPassage Two/B(总题数：1，分数：4.00)A.hotel expensesB.stock exchangeC.plane expensesD.restaurant expensesA.It can avoid the necessity of carrying large amount of cash.B.You neednt purchase large amounts of travelers checks.C.You neednt use personal checks in places other than your own loc
17、ality.D.It cant provide an instant cash service in case you run out of money.A.very useful and convenientB.uselessC.a waste of moneyD.not popularA.American ExpressB.Chinese Peony CantC.Dragon CardD.Credit Card五、BPassage Three(总题数：1，分数：3.00)A.The Asian markets are in recession.B.No investment is wort
18、h keeping if it robs of your sleep.C.If you need the money today, you should have sold the stocks now.D.It is easy to be brave and keep buying during a bull -market.A.50B.15C.60D.70A.You can live a happy life.B.Though you are not rich, you can enjoy a long and happy life.C.You can have a big mansion
19、 in Spain.D.You can live to see your granddaughters graduation.六、BPart Two Readin(总题数：10，分数：10.00)1.Ten months later, before a company can produce another annual report, it goes _.（分数：1.00）A.wrongB.downC.voidD.bust2.The larger a corporations taxable income, the closer its average tax rate comes to t
20、he higher _ pate.（分数：1.00）A.marginalB.interestC.exchangeD.ceiling3.Countries like the UK, wishing to maintain their own attractions, may well push their own rates lower, _ further rounds of tax cutting.（分数：1.00）A.instigatingB.augmentingC.sparkingD.integrating4.Alerting the authorities would be justi
21、fied if tile fraud is likely to result in a _ gain or loss for any one person or group of people.（分数：1.00）A.magnificentB.materialC.greatD.superficial5.In the US and most other countries, the corporate form of organization is the most important in terms of dollar value of assets _.（分数：1.00）A.owedB.ow
22、nedC.outstandingD.balance6.Expenditure may be seen as no more than an _ of forecast profits.（分数：1.00）A.allocationB.appropriationC.incomeD.expanding7.The 40 per cent is tax deductible, suggesting that the provision was made simply to take advantage of this tax _.（分数：1.00）A.concessionB.compromiseC.acc
23、ommodationD.renewal8.Companies measure the performance of their brands internally and decide how to _.resources from one brand to another.（分数：1.00）A.allocateB.translateC.transferD.retain9.The fact that interest _- are tax deductible while dividends are not is a major consideration in the financial s
24、tructure of an overseas subsidiary.（分数：1.00）A.ratesB.earningsC.inputsD.charges10.Under normal circumstances, the auditors first step would be to alert the clients management to the existence of _.（分数：1.00）A.mistakeB.fraudulentC.fraudD.misstatement七、BSection Two/B(总题数：5，分数：5.00)A.withB.byC.inD.throug
25、hA.focusB.liaisonC.connectD.associateA.levelB.conditionC.ratesD.riskA.togetherB.alongC.followingD.goingA.inB.toC.aboutD.on八、BPassage Two/B(总题数：5，分数：5.00)A.relativeB.contrary toC.in additionD.adding upA.balanceB.equilibriumC.clearanceD.equalityA.On the contraryB.NeverthelessC.HoweverD.FurthermoreA.es
26、tablishB.appearC.happenD.existA.depositB.accountC.expenseD.expenditure九、BSection Three(总题数：3，分数：3.00)21.A promissory note is the same as a bill.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say22.If a promissory note is not paid on time, it cannot be protested.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt
27、 say23.The maker of a promissory note premises to pay the holder at a future date on some conditions.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say十、BPassage Two/B(总题数：3，分数：3.00)24.The seller in an open account must know that in some circumstances he can present open account receivable to a law inst
28、itution for acceptance.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say25.Through open account, the seller will. manufacture goods before payment is required.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say26.The buyer has to prove his promise in an open account.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesn
29、t say十一、BPassage Three(总题数：4，分数：4.00)27.Investment banks perform the functions of market intermediaries.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say28.Investment banking helps the holders of the accumulated wealth who wish to re - allocate their assets in the financial markets.（分数：1.00）A.A. Right
30、B.B. Wrong C.C. Doesnt say29.The development of investment banking has a lot to do with the capital markets.（分数：1.00）A.A. Right B.B. Wrong C.C. Doesnt say30.Investment banks are more or less the same as the commercial banks and other savings - collecting institutions.（分数：1.00）A.A. Right B.B. Wrong C
31、.C. Doesnt say十二、BSection Four/(总题数：5，分数：5.00)31.Standby letters of credit can _.（分数：1.00）A.only be used to provide paymentB.be used to provide paymentC.be used when the exporter has delivered the goods to the beneficiaryD.be used when a positive event has occurred32.A standby letter of credit _.（分数
32、：1.00）A.is a promise by the importer to honor the beneficiarys presentation of the documentsB.is never used as a payment mechanismC.is used when the obligation in the underlying transaction is not performed by the obligorD.can not be used to assure the performance of non - monetary obligations33.Doc
33、uments presented to the bank under a commercial letter of credit may include all of the following except _.（分数：1.00）A.invoicesB.insurance documentsC.packing listsD.a document certifying that “the borrower is in default“34.Which of the following statements is not true?（分数：1.00）A.A commercial letter o
34、f credit is a promise by the issuer to honor the beneficiarys presentation of documents specified in the lencr of credit.B.Normally, the presentation of documents will not occur in a standby letter of credit.C.With standby letter of credits, the issuer, after checking that the shipping documents mee
35、t the terms and conditions of the credit, will make payment to the beneficiary.D.Standby letter of credit can be used in virtually all circumstances.35.A commercial letter of credit is used when _.（分数：1.00）A.the underlying transaction is consummated by the applicantB.the underlying transaction is no
36、t performed by the applicantC.something will go wrong or a negative event will occurD.it is necessary to assure the performance of non - monetary obligations十三、BPassage Two/B(总题数：5，分数：5.00)36.A syndicated loan is a large credit negotiated between _.（分数：1.00）A.a borrower rout several banksB.banksC.a
37、borrower and a single bankD.None of the above is correct.37.The agent bank in a syndication loan normally receives a fee _.（分数：1.00）A.which is similar to the front end feeB.which is from the lead bankC.which is paid together with front end feeD.which is paid by the borrower38.A single bank may not b
38、e able or willing to extend loans of large amount partly because of _.（分数：1.00）A.the lending limits made by the parent of the bankB.the risks of the large amount loanC.the fact that its portfolio policy forbids large amount loanD.the fact it is impossible for a single bank to extend loans of large a
39、mount39.None of the following statements is true except _.（分数：1.00）A.the lead bank in a syndicated loan is not, allowed to underwrite a large portion of the creditB.all the banks involved in a syndicated loan must under underwrite a equal portion of the creditC.the lead bank always underwrites a lar
40、ge portion of the creditD.the negotiating bank in a syndicated loan is also referred to as the “lead“ bank40.The purpose of the syndicated loan is usually to provide finance to _.（分数：1.00）A.a house buyerB.a car buyerC.a company to meet its temporary needsD.None of the above is correct.十四、BPassage Th
41、ree(总题数：5，分数：5.00)41.If the British branch of an American bank is selling Australian dollars to a German bank, the natural currency is _.（分数：1.00）A.American dollarB.Australian dollarC.British PoundsD.Deutsche Mark42.In dual currency system, all ledgers are maintained _.（分数：1.00）A.in foreign currency
42、, with foreign currency transactions being recorded in local currency equivalentsB.in natural currency, with foreign currency transactions being recorded in local currency equivalentsC.in local currency, with foreign currency transactions being recorded in local currency equivalentsD.in base currenc
43、y, with foreign currency transactions being recorded in local currency equivalents43.In the multiple currency accounting system, all foreign currency transactions are. only in _.（分数：1.00）A.local currency, and a separate entry being maintained for each currency usedB.natural currency, and a separate
44、currency ledger being maintained for each currency usedC.base currency, and a double entry being maintained for each currency usedD.foreign currency, and a separate currency ledger being maintained for each currency used44.Two accounting systems car generally be used to account for foreign exchange
45、transactions, namely, _.（分数：1.00）A.the single entry system and the double entry systemB.the single entry system and the multiple currency accounting systemC.the double entry system and the multiple currency accounting systemD.None of the above is true.45.If the British branch of an American bank is
46、selling Australian dollars to a German hank, local currency equivalent is _.（分数：1.00）A.Australian dollars expressed as British Pounds.B.Australian dollars expressed as American dollars.C.British Pounds expressed as Australian dollars.D.American dollars expressed as Australian dollars.十五、BPassage Fou
47、r/(总题数：5，分数：5.00)46.In the case of pledge, _.（分数：1.00）A.before the debt is discharged, both the pledgor and the pledgee are entitled to tile possession of tile propertyB.before the debt is discharged, the pledgor is entitled to the exclusive possession of the propertyC.after the debt is discharged,
48、the pledgee is entitled to the exclusive possession of the propertyD.before the debt is discharged, the pledgee is entitled to the exclusive possession of the property47.All of the following statements are tree except _.（分数：1.00）A.there are several ways in which a bank may take security for an advan
49、ce, they include charge, lien, mortgage and pledgeB.there are several ways in which a hank may take security tbr an advance, they include hypothecation, lien, mortgage and pledgeC.there are several ways in which a bank may take security for an advance, they include charge, lien, mortgage and pawnD.There are several ways in which a bank may tak
