1、现代金融业务(综合)-5 及答案解析(总分：89.95，做题时间：90 分钟)一、BPart One Listen(总题数：2，分数：10.00)BSection One/BDirections: 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 mar
2、ked A, 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.On Sundays the bank is open till 4:00 p.mB.On Sundays the bank is open till 4:30 p. mC.On Sundays the bank is closed at 4:30 p. mD.On Sunday
3、s the bank opens at the usual time.A.A Legal tender is the money recognized as a legal medium of exchange.B.Money is used as legal tender if it is a medium of exchange.C.Money is not used as legal tender until it is a medium of exchange.D.Legal tender is the money recognized as a medium of exchange.
4、A.A business has an obligation to report the use of the assets to the creditors and owners.B.A business has an obligation to report the accounts of the company to directors.C.The creditors and owners have an obligation to report the use of the assets to the business.D.The assets are not owned by the
5、 business, but by the creditors and owners.A.The aim of such control is to raise the demand for foreign exchange.B.The aim of such control is to decrease the supply of foreign exchange.C.The aim of such control isnt to maintain a stable exchange rate.D.The aim of such control is to maintain a stable
6、 exchange rate.A.Money brokers generally buy and sell CDs among themselves.B.The buyer and seller of CDs will generally trade through the brokers.C.Money brokers never buy and sell CDs among themselves.D.CDs are generally bought and sold through the bank.（分数：5.00）A.The check is out of date.B.The che
7、ck is post-dated.C.The check is in too large amount.D.The check is a crossed one.A.The cost principle states that assets and services that are acquired should be recorded at their current price.B.The cost principle states that assets and services that are acquired should be recorded at their actual
8、historical cost.C.The Reliability Principle states that assets and services that are acquired should be recorded at their current cost.D.The Reliability Principle states that assets and services that are acquired should be recorded at their actual historical cost.A.The collecting bank is the bank at
9、 the sellers country.B.The collecting bank acts only as an agent for the remitting bank.C.The collecting bank knows the buyer very well.D.The collecting bank noticed that the draft and the documents were received.A.The relationship between the drawee and collecting bank will be taken into considerat
10、ion first of all.B.The remitting bankers instructions will be paid much more attention.C.The remitting bankers instructions will be less important than the relationship between the drawee and collecting bank.D.The remitting banker must consider the relationship between the drawee and collecting bank
11、.A.Not all the customers are allowed by Internet banking to transact business.B.Internet banking allows any customer to transact business from certain places.C.Internet banking allows any customer to transact business from certain time.D.All customers are allowed by Internet banking to transact busi
12、ness.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 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 read the four choices marked A, B
13、, 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.It means being convenient to be carried.B.It means being readily to be divided.C.It means being easily identified.D.It means being carried in a big bas
14、ket.A.Four.B.Two.C.Three.D.Five.A.A contractual arrangement.B.A counterpart.C.Many types of risks.D.Credit risk.A.Bills of lading.B.Consular invoice.C.Insurance policy.D.Certificate of origin.A.He got a credit card of his friend and come to ask how to use it.B.He got a card and did not know whose ca
15、rd it is.C.He has lost his credit card and come to ask what to do.D.He has found a credit card and come to ask what to do.（分数：5.00）A.High credit limitsB.High annual fee.C.Low interest rates.D.Monthly statements.A.The methods of financial statements.B.The necessity of careful analysis of financial st
16、atementsC.The relationship among financial statements.D.The purpose of financial statements.A.Both endorse the instrument.B.Neither of them endorses the instrument.C.A authorizes B to endorse the instrument.D.B authorizes A to endorse the instrument.A.The man will probably wait for the payment for 3
17、0 days.B.The man can get his payment right away.C.The man will send an order to the company.D.The woman will not pay the man at sight.A.He wants to withdraw some pounds.B.He wants to transfer some money to London.C.He wants to know how to transfer money from London to him.D.He wants to exchange some
18、 pounds for yen.三、BSection Three(总题数：3，分数：10.00)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
19、 choices marked A, B, C and D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.BPassage One/B（分数：3.00）A.Bank card business.B.Bank card fraud.C.Technologies used in bank.D.International card fraud.A.$ 680 millionB.$ 860 millionC.$ 680 billionD.$ 860 billio
20、nA.Its the same over the 10-year period.B.Its getting worse over the 10-year period.C.Its getting better over the 10-year period.D.There is no way to solve the problem.BPassage Two/B（分数：3.00）A.To follow the banks rules and regulations.B.To have the right to make full use of the banks facilities.C.To
21、 open an account in the bank.D.To protect the depositors interest.A.He makes deposits with a bank.B.He withdraws money from a savings account.C.He withdraws money from a checking account.D.Both and .A.To attract deposits.B.To improve bank services.C.To eliminate the use of the passbook.D.To promote
22、banking business.BPassage Three/B（分数：4.00）A.cashB.notes and coinsC.recorded electronic funds-transfer systemD.paper goldA.Cash would be no longer in use.B.There would be more safety guards.C.More prisons would be set up.D.People would be better off.A.Letters of creditB.Electronic funds-transfer tech
23、nologyC.Credit cardsD.Travelers checksA.In a cash-free society, bank robberies and cash register robberies would not occur.B.Retail shops could operate in safety.C.Automatic-teller-machine system would have to change.D.Purse snatching would simply become impossible.四、BPart Two Readin(总题数：3，分数：15.00)
24、BSection One/BDirections: There are three passages in this section. Each passage is followed by some questions or unfinished statements. For each of them, there are four choices marked A, B, C and D. You should make the best choice and mark the corresponding letter on the ANSWER SHEET by drawing a s
25、ingle line through the center.Passage 1Commercial bank deposits, including demand deposits, are subject to immediate withdrawal during regular banking hours at the request of the depositor with the exception of certain time deposits, discussed in this section. Demand deposits may be withdrawn in the
26、 form of currency or coin, or they may be transferred to another account at any commercial bank. Demand deposits at commercial banks can be transferred by bank check and are sometimes called checking accounts. No money interest is paid on demand deposits. Checkable NOW accounts, or share drafts at c
27、redit unions, which are available to consumers but not business depositors, pay interest. Technically, they are savings accounts that are accessible by a negotiable order of withdrawal.Savings deposits at commercial banks and thrifts can usually be withdrawn as currency or coin, or as a cashiers che
28、ck of the bank (a check drawn against the issuing bank) ; they may be trans-fenced into the depositors demand deposit account at the same bank, although technically the bank may refuse to withdraw or transfer a savings account for 30 days.Time deposit accounts with specified maturities are exception
29、s to the convention that commercial bank deposits should be convertible to cash on demand. Prior to the date of maturity, the bank may refuse to exchange such a time deposit claim or may impose a penalty fee. The time deposit pays interest, giving it one of the characteristics of other private bonds
30、.Consumer or personal time deposits include CDs in denominations of less than $100,000. They are non-negotiable; that is, they cannot be sold and must be returned to the issuing bank by the original purchaser. Until 1976, there were effective ceilings on interest payments. In 1973, consumer CDs were
31、 first authorized with ceiling interest yields closer to market interest rates. They were called money market certificates.（分数：5.00）(1).Which of the following is excluded from the commercial bank deposits?（分数：1.00）A.Demand deposits.B.Time deposits.C.Checking accounts.D.Treasury bills.(2).How do peop
32、le draw money with a commercial bank against a NOW account?（分数：1.00）A.By a bank check.B.By a demand.C.By a negotiable order of withdrawal.D.By a draft.(3).Into what kind of account can a savings deposit be transferred at the same bank?（分数：1.00）A.A time deposit account of the depositor.B.A demand dep
33、osit account of the depositor.C.A NOW account of the depositor.D.A fixed time account of the depositor.(4).What can we learn from the third part of the passage?（分数：1.00）A.Time deposit accounts are not subject to the convention so that they can not be converted to cash before their maturity date.B.Co
34、mmercial banks may impose a penalty fee on all kinds of accounts.C.People can get interest payment when they exchange their tired deposits for private bonds.D.Banks may refuse to transfer a time deposit into a savings deposit.(5).Which of the following is not mentioned in the passage?（分数：1.00）A.CDs
35、are a kind of consumer time deposits.B.All the consumer or personal time deposits are non-negotiable.C.No money interest is paid on personal time deposits.D.The interest yields of consumer CDs are closer to market interest rates.Passage 2The balance of payments is a statistical record of all the eco
36、nomic transaction between residents of the reporting country and residents of the rest of the world during a given time period. The usual reporting period for all the statistics included in the accounts is a year. A good or bad set of figures can have an influential effect on the exchange rate and c
37、an lead policy makers to change the content of their economic policies. Deficits may lead to the government raising interest rate or reducing public expenditure to reduce imports. Alternatively, deficits may lead to calls for protection against foreign imports or capital controls to defend the excha
38、nge rate.A key definition that needs to be resolved at the outset is that of a domestic and foreign resident. It is important to note that citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics. The term residents comprises individuals,
39、households, firms and the public authorities. There are some problems that arise with respect to the definition of a resident. Multinational corporations are by definition resident in more than one country. For the purposes of balance-of-payments reporting, the subsidiaries of a multinational are tr
40、eated as being a resident in the country in which they are located even if their shares are actually owned by domestic residents. Another problem concerns the treatment of international organizations such as the International Monetary Fund, the World Bank and the United Nations. These institutions a
41、re treated as being foreign residents even though they may actually be located in the reporting country. For example although the International Monetary Fund is located in Washington, contributions by the US government to the Fund are included in the US balance-of-payments statistics because they ar
42、e regarded as transactions with a foreign resident. Tourists are regarded as being foreign residents if they stay in the reporting country for less than one year.The criterion for a transaction to be included in the balance of payments is that it must involve a transaction between a resident of the
43、reporting country and a resident from the rest of the world. Purchases and sales between residents from the same country are excluded.（分数：5.00）(1).What is the balance of payments?（分数：1.00）A.The balance of payments is a digital table of all the economic transactions between residents of the reporting
44、 country and residents of the rest of the world during a given time period.B.The balance of payments is a figured table of all the economic transactions between residents of the reporting country and resident of the rest of the world during a given time period.C.The balance of payments is a statisti
45、cal record of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.D.The balance of payment is a digital record of all the economic transactions between residents of the reporting country and residents of the test
46、of the world during a given time period.(2).Which of the following statement is true?（分数：1.00）A.Deficit may lead government to reduce interest rate.B.Deficit may lead government to raise expenditure on imports.C.Surplus may lead government to stimulate imports from foreign countries.D.Surplus may le
47、ad government to reduce expenditure on imports.(3).It is important to note that _.（分数：1.00）A.citizenship is less important than residency are the same thing from the viewpoint of the balance of payments statisticsB.citizenship has a broader meaning than residencyC.citizenship and residency are indee
48、d the same thing from the viewpoint of the balance of payments statisticsD.citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics(4).Which of the following transaction is not included in Chinese balance of payments?（分数：1.00）A.Bond transa
49、ction with Citibank.B.Service transaction between local enterprise and Sino-foreign joint company incorporated in China.C.Capital inflow to Beijing subsidiary of Swiss multinationals.D.Loan from IMF.(5).What is the alternative name of the World Bank?（分数：1.00）A.International Bank for Reconstruction and Development.B.International Financial Corporation.C.International Development Association.D.International Settlement Bank.Passage 3Plain and simple, stock is a share in the ownership of a company. Stock represents a
