初级银行综合类-(听力部分暂无答案)2及答案解析.doc

1、初级银行综合类-(听力部分暂无答案)2 及答案解析(总分：108.00，做题时间：90 分钟)一、听力题(总题数：0，分数：0.00)二、Passage One(总题数：1，分数：3.00)(1).A. Those who have large sum of money at home.B. Those who will be away for a long time.C. Those who will stay at the bank for a long time.D. Those who will deposit a large sum of money for a long time.

2、（分数：1.00）_(2).A. Favorable rates of interest.B. Negotiable.C. Issued in sterling and US dollar.D. Both A and .（分数：1.00）_(3).A. The holder will receive more for the CD when negotiating it.B. The holder will receive less for the CD when negotiating it.C. The holder will keep the CD for longer time.D.

3、The holder will get back only the nominal value of the .（分数：1.00）_三、Passage Two(总题数：1，分数：3.00)(1).A. A safe and convenient way. B. One of the most important services.C. An important service. D. One more important service.（分数：1.00）_(2).A. It will refund the customer.B. It will find it back to the cus

4、tomer.C. It will find the lost cheque for him.D. It will be refunded by the customer.（分数：1.00）_(3).A. To anyone who applies for it.B. To those who fill out a form.C. To those who tell about their salaries and other income.D. To those who are with good credit.（分数：1.00）_四、Passage Three(总题数：1，分数：4.00)(

5、1).A. One acquired the other. B. They are both big banks.C. Two banks merged into one bank. D. Nothing happened to them.（分数：1.00）_(2).A. 1 B. 1.04 C. 4 D. 18（分数：1.00）_(3).A. By the Federal Reserve System and the shareholders.B. By the board of directors of the two banks.C. By the presidents of the t

6、wo banks.D. By the state and federal regulatory authorities and the shareholders.（分数：1.00）_(4).A. Chairman of Chemical Bank. B. Chairman of Chase Manhattan.C. Both of them. D. Not mentioned.（分数：1.00）_五、单项选择(总题数：10，分数：10.00)1.These are four main methods of securing payment in international trade:(1)

7、payment under documentary credit(2) open account(3) collection, that is document against payment or acceptance of a bill of exchange(4) payment in advanceFrom an exporters point of view, the order of preference is _.A. (4), (2), (3), (1) B. (4), (3), (1), (2)C. (4), (1), (3), (2) D. (2), (4), (1), (

8、3)（分数：1.00）A.B.C.D.2.International payments and other messages are often sent through an international computer network called _.A. CHAPS B. SWIFT C. BACS D. EIMT（分数：1.00）A.B.C.D.3.A check payable to Johnson is endorsed by him “pay Parry Smith only“ What type of endorsement is this?A. Blank B. Gener

9、al C. Restrictive D. Special（分数：1.00）A.B.C.D.4.In a syndicated loan, _ handles the negotiations with the borrower, prepares the relevant documentation and disburses the full amount of the loan to the borrower.A. the lead bank B. the accounting bankC. the participating bank D. the agent bank（分数：1.00）

10、A.B.C.D.5.Which of the following statements is false? _.A. To increase cash, debit the accountB. To increase revenue, credit the accountC. To decrease a receivable, debit the accountD. To increase a receivable, debit the account（分数：1.00）A.B.C.D.6.By purchasing government securities commercial banks

11、are _.A. borrowing from the government B. acquiring earning assetsC. making a “loan“ to the government D. both B and C（分数：1.00）A.B.C.D.7.A life insurance policy that has a constant premium through the life of the policy is called a _.A. term life policy B. whole life policyC. universal life policy D

12、. fixed -rate life policy（分数：1.00）A.B.C.D.8.Which of the following is not the distinction between bonds and stocks?A. Bonds are debt whereas stocks are equity.B. The bondholder does not share in the profits if a company does well, while the shareholder does.C. A socks price fluctuates while that of

13、a bond is fixed.D. In the case of bankruptcy, a bondholder will get paid before a shareholder does.（分数：1.00）A.B.C.D.9.ABC company is the beneficiary of a confirmed irrevocable letter of credit. bank (s) will assure the company that it will be paid.A. One B. Two C. Three D. None（分数：1.00）A.B.C.D.10.Un

14、der FOB terms the bill of lading would state goods _.A. loaded on board, freight paidB. loaded on board, freight payable at destinationC. received for shipment, freight paidD. received for shipment, freight payable at destination（分数：1.00）A.B.C.D.六、完型填空(总题数：2，分数：20.00)Liquidity risk arises from the i

15、nability of a bank to accommodate unexpected decreases in (21) or to fund increases in (22) . When a bank has (23) liquidity, it cannot obtain sufficient funds, either by increasing liabilities or by (24) assets promptly, at a reasonable cost, thereby affecting profitability. In extreme cases, insuf

16、ficient liquidity cam lead to the (25) of a bank.（分数：10.00）(1).A. liabilities B. assets C. sufficiency D. supply（分数：2.00）A.B.C.D.(2).A. liabilities B. assets C. efficiency D. profitability（分数：2.00）A.B.C.D.(3).A. adequate B. inadequate C. accurate D. inaccurate（分数：2.00）A.B.C.D.(4).A. changing B. exch

17、anging C. converting D. turning（分数：2.00）A.B.C.D.(5).A. efficiency B. ability C. solvency D. insolvency（分数：2.00）A.B.C.D.China will continue to pursue a (26) monetary policy, and seek refinements in the conduct of monetary policy by relying on (27) policy instruments. First, open market operation will

18、 be expanded, and the quality of the relevant decision - making will be improved to (28) the timing and scale of open market transactions. Transaction frequency will be (29) and fine -tuning measures will be taken as the occasion warrants. Flexibility will be exercised in selecting modes of transact

19、ion so give further play to the open market in guiding (30) interest rates.（分数：10.00）(1).A. open B. sound C. safe D. overall（分数：2.00）A.B.C.D.(2).A. indirect B. prudential C. direct D. complicated（分数：2.00）A.B.C.D.(3).A. enlarge B. optimize C. widen D. re4tuce（分数：2.00）A.B.C.D.(4).A. increase B. create

20、d C. decreased D. cut down（分数：2.00）A.B.C.D.(5).A. long- term B. lending C. short-term D. borrowing（分数：2.00）A.B.C.D.七、阅读理解(总题数：2，分数：20.00)Capital is at the top of any bank supervisors list. The most basic form of capital is equity capital, which is the shareholders financial interest or net worth. Eq

21、uity capital serves several purposes: it provides a permanent source of revenue for the shareholders and funding for the bank; it is available to bear risk and absorb losses; it provides a base for further growth; and it gives the shareholders reason to ensure that the bank is managed in a safe and

22、sound manner. Minimum capital adequacy ratios are necessary to reduce the risk of loss to depositors, creditors and other stakeholders of the bank and to help supervisors pursue the overall stability of the banking industry.Basle Committees “core principles for effective banking supervision“ require

23、 that supervisions set prudent and appropriate minimum capital adequacy requirements and encourage banks to operate with capital in excess of the minimum. When it appears appropriate due to the particular risk profile, uncertainties regarding the asset quality, risk concentrations or other adverse c

24、haracteristics of a banks financial condition, considerations of requiring higher than minimum capital ratios are encouraged. If a banks ratio falls below the minimum, banking supervisions will act to ensure that it has realistic plans to restore the minimum in a timely fashion, or may consider putt

25、ing additional restrictions on the banks operations.（分数：10.00）(1).Whats the subject of the passage?A. capital B. restrictions on banks operationsC. supervision D. capital adequacy（分数：2.00）A.B.C.D.(2).Bank supervisors think _ most important.A. capital B. financial interestC. shareholders D. capital m

26、inimum（分数：2.00）A.B.C.D.(3).Which of the following is not the purpose of equity capital?A. Providing a permanent source of revenue.B. Bearing risks and absorbing losses.C. Disclosing reserves.D. Facilitating further growth.（分数：2.00）A.B.C.D.(4).What can we infer from the passage?A. The Basle Committee

27、s core principles require the minimum capital adequacy requirements.B. The Basle Committee encourages banks to operate with capital of the minimum.C. The Basle Committee helps bank supervisors to reduce the risk of loss.D. The Basle Committee ensures banks to pursue the stability of the banking indu

28、stry.（分数：2.00）A.B.C.D.(5).Which of the following is implied in the passage?A. A very important purpose of bank - supervision is to provide adequate capital for their operation.B. A very important purpose of bank - supervision is to ensure banks to operate with adequate capital.C. A very important pu

29、rpose of bank - supervision is to put additional restrictions on the banks operations.D. A very important purpose of bank - supervision is to concentrate on risks.（分数：2.00）A.B.C.D.The reliability principle requires that accounting information be dependable-free from significant error and bias. Users

30、 of accounting information rely on its truthfulness. To be reliable, information must be verifiable by people outside the business; Financial statement users may consider information reliable if independent experts would agree that the information is based on objective and honest measurement.Conside

31、r the error in a companys failure to accrue interest revenue at the end of an accounting period. This error results in understated interest revenue and understated net income. Clearly, this companys accounting information is unreliable.Biased information - data prepared from a particular viewpoint a

32、nd not based on objective facts - is also unreliable. Suppose a company purchased inventory for $ 25. 000. At the end of the accounting period, the inventory had declined in value and can be replaced for $ 20 000. Under the lower of cost or market rule, the company must record a $ 5 000 loss for the

33、 decrease in the inventorys value. Company management may believes that the appropriate value for the inventory is $ 22 000, but that amount is only an opinion. If management reports the $ 22 000 figure, total assets and owners equity will be overstated on the balance sheet. Income will be overstate

34、d on the income statement.To establish a reliable figure for the inventorys value, management could get a current price list from the inventory supplier or call in an outside professional appraiser to revalue the inventory. Evidence obtained from outside the company leads to reliable, verifiable inf

35、ormation. The reliability principle applies to all financial accounting information -from assets to owners equity on the balance sheet and from revenue to net income on the income statement.（分数：10.00）(1).What does the reliability principle of accounting information involve?A. The accounting informat

36、ion should depend on the principle.B. The accounting information should be free from significant error and bias.C. The accounting information relies on independent experts.D. The accounting information must be verifiable by people outside.（分数：2.00）A.B.C.D.(2).According to the reliability principle,

37、what should people do with their accounting information?A. They just rely on its truthfulness.B. They must verify the information carefully.C. They should ask independent experts to verify the information to see whether it is based on objective and honest measurement.D. They may consider the informa

38、tion reliable.（分数：2.00）A.B.C.D.(3).What is the result if a company fails to make the entry of accrued interest revenue on the accounting statement?A. The error will result in understated interest revenue and understated net income.B. The accounting statement will be revised.C. The error will reduce

39、the companys net income.D. People will not rely on the accounting information.（分数：2.00）A.B.C.D.(4).Why is biased accounting information unreliable?A. Because the information is not based on objective facts.B. Because the information consists of some state data.C. Because the information is prepared

40、on the basis of facts.D. Because the information is made according to the inventory value of the business firm.（分数：2.00）A.B.C.D.(5).What would happen if the company in the example recorded the loss of $ 5 000 on the accounting statement?A. The companys inventory would decline in value.B. The total a

41、ssets would be reported twice on the balance sheet.C. The owners equity will be overstated on the income statement.D. The accounting information is reliable and the total assets and owners equity will be stated correctly on the balance sheet.（分数：2.00）A.B.C.D.八、英释汉(总题数：2，分数：14.00)11.Treasury bonds re

42、fer to coupon bearing government securities with a relatively longer maturity.（分数：7.00）_12.An insurer might be sound financially and yet indulge in practices that are detrimental to the public, such as unfairly discriminating against an insured or engaging in sharp claim practices, which should be s

43、upervised and regulated.（分数：7.00）_九、判断正误(总题数：2，分数：14.00)International trade always creates the need for forward operations, if the exchange risk is to be hedged. Let us consider the case of a Swiss importer who has bought goods in Germany, in- voiced in Euro, payable in 90 days. To eliminate the ris

44、k of a significant rise of the Euro in the meantime and also to have the basis for an exact price calculation, he buys the Euro 90 days forward.In the converse case a Swiss exporter knows that in three months he will receive U. S. dollars in payment for this export. Here again, in order to eliminate

45、 the exchange risk, he hedges by selling the U. S. Dollar three months forward.Not to do these, forward transactions would be equivalent to speculating, on a fall of the Euro in the first case, or a rise of the U. S. dollar in the second case.（分数：6.00）(1).In the first case, “invoiced in Euro“ means

46、that the contract asks the Swiss importer to pay in Euro to the Exporter.A. Right B. Wrong C. Doesnt say（分数：2.00）A.B.C.(2).In the first case, the Swiss importer will buy the Euro 90 days later.A. Right B. Wrong C. Doesnt say（分数：2.00）A.B.C.(3).In the second case, the Swiss exporter sells the U. S. dollar because be believes that the U. S. dollar will rise.A.