1、初级银行综合类模拟试卷 2及答案与解析 一、单项选择 1 These are four main methods of securing payment in international trade: (1) payment under documentary credit (2) open account (3) collection, that is document against payment or acceptance of a bill of exchange (4) payment in advance From an exporters point of view, the
2、order of preference is _. （ A） (4), (2), (3), (1) （ B） (4), (3), (1), (2) （ C） (4), (1), (3), (2) （ D） (2), (4), (1), (3) 2 International payments and other messages are often sent through an international computer network called _. （ A） CHAPS （ B） SWIFT （ C） BACS （ D） EIMT 3 A check payable to John
3、son is endorsed by him “pay Parry Smith only“ What type of endorsement is this? （ A） Blank （ B） General （ C） Restrictive （ D） Special 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. （
4、 A） the lead bank （ B） the accounting bank （ C） the participating bank （ D） the agent bank 5 Which of the following statements is false? _. （ A） To increase cash, debit the account （ B） To increase revenue, credit the account （ C） To decrease a receivable, debit the account （ D） To increase a receiv
5、able, debit the account 6 By purchasing government securities commercial banks are _. （ A） borrowing from the government （ B） acquiring earning assets （ C） making a “loan“ to the government （ D） both B and C 7 A life insurance policy that has a constant premium through the life of the policy is call
6、ed a _. （ A） term life policy （ B） whole life policy （ C） universal life policy （ D） fixed -rate life policy 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 we
7、ll, while the shareholder does. （ C） A socks price fluctuates while that of a bond is fixed. （ D） In the case of bankruptcy, a bondholder will get paid before a shareholder does. 9 ABC company is the beneficiary of a confirmed irrevocable letter of credit. bank (s) will assure the company that it wi
8、ll be paid. （ A） One （ B） Two （ C） Three （ D） None 10 Under FOB terms the bill of lading would state goods _. （ A） loaded on board, freight paid （ B） loaded on board, freight payable at destination （ C） received for shipment, freight paid （ D） received for shipment, freight payable at destination 二、
9、完型填空 10 Check, draw, rate of exchange, commission, endorse, subject to, current, guaranted, participate, denominations A person who has a【 21】 account with a bank can obtain cash in other countries in various ways. The most common method is the purchase of travellers cheques. He can also use his Eur
10、ocheque card as identification to【 22】 his cheques. Or he can【 23】 on his account in his own country, which means that the cashier will have to telephone, cable, or telex his branch for confirmation. He will have to【 24】 the cheque, that is write his signature on the back. Most of the major banks in
11、 Europe【 25】 in the Eurocheque scheme. When cashier handle travellers cheques, they must【 26】 that the counter signature is the same as the signature. The holder must then produce his passport as identification. When the formalities are completed, the cashier can issue banknotes and coins to the cus
12、tomer, using the current,【 27】 to calculate how much to issue. Travellers cheques have the advantages of convenience and safety. They can be issued in【 28】 of 10, 25, 50, 100 and 250,【 29】 exchange control regulations, they must pay a small【 30】 , or service charge as it is called in the USA. 三、阅读理解
13、 20 The importer will require a full set of bills of lading in order to obtain the goods from overseas port. The bills of lading can only be obtained by payment of the bill of exchange (D/P), or by acceptance (D/A). Therefore, the importer cannot obtain the goods without paying or accepting the bill
14、 of exchange, and conversely an exporter retains control of the goods until payment or acceptance of bill of exchange. When goods are sent by air, the airway bill could show the importers bank as consignee. Once again the importer must pay or accept a bill of exchange to be able to obtain the goods.
15、 Once the importer has paid or accepted the bill of exchange, the importers bank will issue a delivery order. The delivery order is an authority, signed on behalf of the bank, authorizing the airport to release the goods to the named importer. An exporter should obtain the prior agreement of the imp
16、orters bank before he consigns goods to that bank. In practice, the importers bank will not agree to be named as consignee, unless its own customer is of major importance. When D/P terms are used, it is unnecessary to include a bill of exchange, since the over- seas bank can release documents on pay
17、ment of the invoice amount. However, sight drafts are usually included. 21 The meaning of D/P is _. （ A） Dollar against Pound （ B） document against payment （ C） delivery after payment （ D） Dollar in payment 22 The importer can obtain the goods only by _. （ A） paying or accepting the bill of exchange
18、 （ B） paying in cash （ C） opening a letter of credit （ D） showing the bill of exchange 23 When goods are sent by air, _ can issue a delivery order to release the goods. （ A） the exporter （ B） the exporters bank （ C） the importer （ D） the importers bank 24 The importers bank will not agree to be name
19、d as consignee unless _. （ A） its own customer is of major importance （ B） the exporter will not obtain the prior agreement from it （ C） the exporters customer is not of major importance （ D） it worries about the importers potential default 25 _ are the most important documents in international sett
20、lement. （ A） Commercial invoice, bill of lading and insurance documents （ B） Commercial invoice, insurance documents and airway bills （ C） Bill of lading, airway bills and a bill of exchange （ D） Sight drafts, delivery order and bill of lading 25 A firms cash flows can be divided into cash flow from
21、: (1) operating activities (2) investment activities, and (3) financing activities. The operation activity cash flows are cash flows-inflows and outflows-directly related to origination and sale of the financial firms assets and to operating costs such as general market activities, security trading
22、activities, interest received and foreclosed collateral. Investment activity cash flows are cash flows and financial investments. Clearly, purchase transactions would result in cash outflows whereas sales transaction would generate cash inflows. The financing activity cash flows result from debt and
23、 equity financing transactions. Borrowing and repaying either short - term debt or long - term debt would result in a corresponding cash inflow or outflow. Similarly, the sale of common or preferred stock would result in a cash inflow whereas the repurchase of stock or payment of cash dividends woul
24、d result in a financing outflow. Summarizing the firms operating, investment, and financing activity cash flows during a given period helps to account for changes in the firms cash position from the beginning to the end of the period chosen. Managing cash is a very important activity for financial i
25、ntermediaries. The cash flow statement provides the basics structure of all sources and uses of cash. 26 The statement of cash flow helps to explain the change in _. （ A） net profit after taxes （ B） retained earning s of a given period （ C） the firms cash position of given period （ D） financial posi
26、tion of the firm 27 Cash flows from debt and equity financing transactions are said to be a kind of _. （ A） security trading activity （ B） operating activity （ C） investment activity （ D） financing activity 28 Which of the following does not cause cash inflow? （ A） Origination of the financial firms
27、 assets. （ B） Sale of both operation fixed assets and financial investments. （ C） Repurchase of stock. （ D） Borrowing of long - term or short - term debt. 29 The cash flow statement provides the basic structure of all _. （ A） assets and liabilities （ B） sources and uses of cash （ C） items of interes
28、t income （ D） dividends paid 30 The statement of cash flow helps a firm to manage its _. （ A） assets （ B） assets and liabilities （ C） capital structure （ D） liquidity position 四、英释汉 31 From a technical point of view, international economic integration can be a limited process, i. e. the elimination
29、of tariffs and quantitative restrictions. 32 The globalization of the insurance industry has been accelerating as mergers and acquisitions have continued to cross country borders. 五、判断正误 32 Many people have two accounts in a bank, A savings account and a checking account. When people deposit money i
30、n a savings account, it earns interest. They can withdraw their savings at any time, unless it is a special notice account. A special notice account earns higher interest, but you must give the bank 90 days notice before withdrawing money from it. People use checking accounts for convenience. They d
31、eposit some money and write checks when they want to pay bills. This way they do not have to send cash through the mail. They do not have to carry a lot of cash with them, for they can write a check instead. At the end of the month, the bank returns the checks they have written and have been cashed.
32、 The bank also sends a statement of all the checks used. That way people have a record of how much money they have spent that month. 33 More and more people use the special notice account so as to earn more interest. （ A） Right （ B） Wrong （ C） Doesnt say 34 People using savings accounts can withdraw
33、 their savings whenever they like. （ A） Right （ B） Wrong （ C） Doesnt say 35 From the passage, we can easily infer that people using checking accounts also earn inter- est. （ A） Right （ B） Wrong （ C） Doesnt say 35 Washington March 15 - The administration of President Carl Arling today predicted anoth
34、er six months of slow GNP growth and rising inflation. Chief economic advisor to the president, Walter Abel, told a news conference that in- creased foreign competition, rising prices for raw materials, and high interest rates would hold economic growth to less than 3% for the year with inflation ri
35、sing above 7%. Abel said, however, that administration programs to restructure the economy would begin bearing fruit toward the end of the year and that growth in the gross national product would turn sharply upwards in the last quarter. He also said that the administration of President Arling was d
36、etermined to increase investment in high technology industries, upgrade aging plant equipment in heavy industry, and encourage workers to increase productivity. Abel admitted that high interest rates threatened the strategy, but warned that any action to artificially lower interest rates risked fuel
37、ing even greater inflation. “We are still recovering from the recession caused by the previous administration and attempts to force the pace of recovery could be dangerous,“ he said. 36 The forecast for the next six months is encouraging. （ A） Right （ B） Wrong （ C） Doesnt say 37 The president plans
38、to recover as soon as possible from the recession caused by the previous government. （ A） Right （ B） Wrong （ C） Doesnt say 38 The administration programs to restructure the economy will solve the problem of unemployment. （ A） Right （ B） Wrong （ C） Doesnt say 39 To lower interest rates artificially w
39、ould be harmful to the economy. （ A） Right （ B） Wrong （ C） Doesnt say 六、写作题 40 Write a letter according to the following request. 以甲银行名义，用正式信函格式写一封英文信给乙银行，内容如下： 我们感谢你们寄来我们的对账单。在它第 4页上，在 2006年 1月 20日有一个 309 488.61美元的借方余额。我们想提示一下，你们转到我们 总行账户上的金额应该是 615 105.94美元，而不是 934 594.55美元，那天的余额应为 10 000.00美元。请核对
40、此事，立即作调整并通知我们。 初级银行综合类模拟试卷 2答案与解析 一、单项选择 1 【正确答案】 B 2 【正确答案】 B 3 【正确答案】 C 4 【正确答案】 A 5 【正确答案】 C 6 【正确答案】 D 7 【正确答案】 B 8 【正确答案】 C 9 【正确答案】 B 10 【正确答案】 B 二、完型填空 11 【正确答案】 current 12 【正确答案】 draw 13 【正确答案】 check 14 【正确答案】 endorse 15 【正确答案】 participate 16 【正确答案】 guarantee 17 【正确答案】 rate of exchange 18 【正
41、确答案】 denominations 19 【正确答案】 subject to 20 【正确答案】 commission 三、阅读理解 21 【正确答案】 B 22 【正确答案】 A 23 【正确答案 】 D 24 【正确答案】 A 25 【正确答案】 A 26 【正确答案】 C 27 【正确答案】 D 28 【正确答案】 C 29 【正确答案】 B 30 【正确答案】 D 四、英释汉 31 【正确答案】 从法律角度看，世界经济全球化是一个受到限制的过程，比如，一个清除关税和数量限制的过程。 32 【正确答案】 随着兼并愈来愈跨国界地进行，保险业的全球化一直在加速。 五、判断正误 33 【正确
42、答案】 C 34 【正确答案】 A 35 【正确答案】 B 36 【正确答案】 B 37 【正确答案】 B 38 【正确答案】 C 39 【正确答案】 A 六、写作题 40 【正确答案】 We thank you for your statement of our account. On Page 4 of it there is a debit balance of USD309 488.61 on Jun, 20, 2006. We wish to mention that the amount should be USD615 105. 94 instead of USD934 594.55 and the balance should come to USD10 000.00 on that date. Please check the matter and make immediate adjustment under advice to US.
