金融英语业务知识练习试卷21(题后含答案及解析)
金融英语业务知识练习试卷21 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． What is a documentary letter of credit?______.
A．A method of lending against documentary security
B．A conditional bank undertaking to pay an exporter on production of stipulated
document-tation
C．An international trade settlement system biased in favour of importers
D．All of the above
正确答案：B
解析：答案为B项。letter of credit，L／C“信用证”，是银行应进口人的请求，开给出口人的一种有条件的书面付款保证。开证银行保证在收到受益人交付全部符合信用证规定的单据的条件下，向第三者(受益人)或其指定人履行付款责任。信用证是一种银行信用。Documentary letter of credit“跟单信用证”，是指出口商需向银行提交符合信用证条款中所规定的汇票和其他单据。根据跟单信用证的定义，本题应选B项。 知识模块：金融英语业务知识
2． The documentary collection provides the seller with a greater degree of
protection than shipping on______.
A．documentary credit
B．bank’s letter of guarantee
C．banker’s draft
D．open account
正确答案：D
解析：答案为D项。collection“托收”，是出口商开立汇票，委托银行代收款项，向国外进口商收取货款或劳务款项的一种结算方式。documentary collection“跟单托收”，是指出口人将汇票连同商业票据一起交给银行委托代收。与它相对的是“光票托收”(clean collection)，即出口人仅开具汇票，不随附商业票据的托收。letter of guarantee“保函”，是一种银行信用。open account“赊销”。跟单托收比起赊销方式，能为出口商提供更大的安全性。故本题选D项。 知识模块：金融英语业务知识
3． 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
exporter’s 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) , (3)
正确答案：C
解析：答案为C项。document against payment，D／P“付款交单”，是指代收行向进口人(付款人)交单以进口人的付款为条件，办理此类托收时，出口人必须在托收委托书中指示托收行只有在进口人付清货款的条件下，才能向进口人交付有关单据，在汇票上也要注明“D／P”字样。document against acceptance，D/A“承兑交单”，是指代收行向进口人(付款人)交单以进口人的承兑(acceptance)为条件。进口人承兑汇票后即可向银行索取全部单据，而待汇票到期时再行付款。payment in advance“预付款”。四种方式中，从出口商的利益 出发，应依次选择预付款、跟单信用证、托收和赊销方式。故本题选C项。 知识模块：金融英语业务知识
4． 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
正确答案：B
解析：答案为B项。confirmed irrevocable letter of credit“保兑不可撤销信用证”，指由一家银行开具的、由另一家银行保证兑付的不能撤销信用证。保兑信用证的开证行(issuing bank)和保兑行(confirming bank)负有不可撤销的付款责任。故本题选B项。 知识模块：金融英语业务知识
5． The following are the basic functions of a bill of lading except to act
as______.
A．a receipt for the goods from the shipping company to the exporter
B．a certificate of origin, which certifies mat the goods were produced in a
particular country
C．a document of title for goods being shipped overseas
D．evidence of the carriage contract between the exporter and the carrier
正确答案：B
解析：答案为B项。bill of lading，B／L“海运提单”，简称提单，是指由船长或船公司或其代理人签发的，证明已收到特定货物，允诺将货物运至特定的目的地，并交付给收货人的凭证。海运提单也是收货人在目的港据以向船公司或其代理提取货物的凭证。海运提单的性质和作用可以概括为以下三个方面：①提单是承运人或其代理人签发的货物收据(receipt for the goods)；②提单是一种货物所有权凭证(document of title)；③提单是承运人与托运人问订立的运输契约证明(evidence of the carriage contract)。certificate of origin“原产地证”，是出口国的特定机构出具的证明其出口货物为该国家(或地区)原产的一种证明文件。本题中只
有B项表示的“原产地证”不属于提单的功能，其余都是，故选B项。 知识模块：金融英语业务知识
6． What is the name of the document which can make a buyer feel confident
that goods are of a certain standard?______.
A．Certificate of origin
B．Commercial invoice
C．Insurance policy
D．Inspection certificate
正确答案：D
解析：答案为D项。commercial invoice“商业发票”，是出口商向进口方提供的一种所供货物及其价格的清单。它是各种出口票据的核心单据。insurance
policy“保险单”，是保险人签发的一种文件。它包含保险人与被保险人之问订立的保险契约，是保险人对被保险人的承保证明。inspection certificate“检验证书”，是出口商品的质量经过公证机构或生产部门检验后所出具的证明文件。故本题选D项。 知识模块：金融英语业务知识
7． Incoterms were written______.
A．under the United Nations Convention for the International Sale of Goods
(Vienna Convention)
B．by the International Chamber of Commerce
C．under the Kyoto Protocols as adopted in 2000
D．under “fast track” authority granted by the U.S. Congress
正确答案：B
解析：答案为B项。the Kyoto Protocols“京都议定书”。Incoterms“国际贸易术语解释通则”，是由国际商会(International Chamber of Commerce)制定的，宗旨是为国际贸易中最普遍使用的贸易术语提供一套解释的国际规则，以避免因各国不同解释而出现的不确定性，或至少在相当程度上减少这种不确定性。故本题选B项。 知识模块：金融英语业务知识
8． Incoterms apply______.
A．to all international shipments of goods
B．to International shipments beyond a certain tonnage
C．to international shipments under the Uniform Commercial Code
D．only if clearly incorporated into the contract of sale
正确答案：D
解析：答案为D项。只有在销售合同(sales contract)中列明的，国际贸易术语解释通则才适用。故本题选D项。 知识模块：金融英语业务知识
9． Incoterms address______.
A．ownership rights
金融英语业务知识练习试卷15(题后含答案及解析)
金融英语业务知识练习试卷15 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． Since Property and Casualty Insurance Companies have a greater possibility
of loss of funds if major disasters occur, their funds are invested in______. i.
municipal bonds ii. corporate bonds iii. high grade corporate stocks iv. government
securities v. mortgages
A．i, ii, and iii
B．i, ii and iv
C．i, iv and v
D．i, ii, iii and iv
正确答案：D
解析：答案为D项。财产和灾害保险公司很可能会遇到短期流动性的要求。因此，它们购买市政债券、公司债券、高级别股票、政府债券和短期货币市场金融工具等，但不会投资于住房抵押贷款。故本题选D项。 知识模块：金融英语业务知识
2． The principal attraction of passbook saving accounts relative to time deposits
is______.
A．higher yield
B．liquidity
C．borrowing privileges
D．resale value in open market
正确答案：B
解析：答案为B项。活期存折存款账户相比定期存款而言，主要优势在于其具有的流动性。故本题选B项。 知识模块：金融英语业务知识
3． The Federal Reserve System is ultimately responsible to______.
A．the member banks
金融英语业务知识练习试卷22(题后含答案及解析)
金融英语业务知识练习试卷22 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． Which of the following statements about standby letters of credit is
true?______.
A．They can serve as a guarantee to a buyer against a seller defaulting.
B．They are contrary to the general rule that letters of credit may only be used for
the actual movement of goods.
C．They are unlike a tender (or other) bond in their legal standing and method of
operation.
D．They are unlike a tender bond with its fixed expiry date.
正确答案：A
解析：答案为A项。tender bond“投标保函”。standby letter of credit“备用信用证”，是指开证行根据开证申请人的请求对受益人开立的承诺承担某项义务的凭证。开证行保证在开证申请人未能履行其应履行的义务时，受益人只要凭备用信用证的规定向开证行开具汇票(或／不开汇票)，并提交开证申请人未履行义务的声明或证明文件，即可取得开证行的偿付。备用信用证有保函的功能，可以用来保障买方的利益，只是它的有效期可以延长。故本题选A项。 知识模块：金融英语业务知识
2． A US company is bidding for a contract in China. Its Chinese customer asks
for a performance bond. What is the most likely course of action?______.
金融英语业务知识练习试卷7(题后含答案及解析)
金融英语业务知识练习试卷7 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． The most liquid of all assets is______.
A．the stock of commercial banks
B．Ml
C．intelligence
D．the debt of major corporations
正确答案：B
解析：答案为B项。MI“狭义货币”，等于流通中现金+商业银行活期存款，是流动性最强的那部分资产。故本题选B项。 知识模块：金融英语业务知识
2． Individuals will accept the medium of exchange in return for goods and
services only if they are confident that______.
A．the inflation rate is zero
B．it possesses intrinsic value
C．they can pass it on to others
D．they can exchange it for gold
正确答案：C
解析：答案为C项。流通手段是货币在商品流通中充当交换媒介的职能，即以货币为媒介进行商品交换。人们在卖出商品、换回货币时，关心的不是流通手段本身有无价值，而是能否换回自己需要的与卖出的商品同等价值的物品。故本题选C项。 知识模块：金融英语业务知识
3． If the government guaranteed that anyone wishing a job would be provided
one, the likely result would be______.
A．massive layoffs
B．an increase in the money supply
C．an increase in inflationary expectations
金融英语业务知识练习试卷17(题后含答案及解析)
金融英语业务知识练习试卷17 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． What is an advantage of investing in bonds?______.
A．Bonds are generally of lower risk than stocks.
B．Bonds offer a good source of income for retirees.
C．Bonds issued by any stable country are almost risk-free securities.
D．All of the above.
正确答案：D
解析：答案为D项。债券投资的风险低于股票投资；债券比较适合于退休人员(retiree)；局势稳定的国家发行的债券几乎是无风险的。本题中A项、B项、C项表述的均有债券投资的好处，故选D项。 知识模块：金融英语业务知识
2． What is a bond’s yield?______.
A．The same as the coupon.
B．The time until a bond matures.
C．The annual return until the bond matures.
D．The total risk offered by a bond.
正确答案：C
解析：答案为C项。债券价格是波动的，因此债券的收益率不等于息票率，应包括息票收入加减资本利得或损失；如债券持有到期，其收益率可表示为年收益率。故本题选C项。 知识模块：金融英语业务知识
3． What is usually true about bonds?______.
A．They allow you to invest money in companies.
B．Corporate bonds typically offer a higher return than government bonds.
金融英语业务知识练习试卷33(题后含答案及解析)
金融英语业务知识练习试卷33 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． Duration is affected by______.
A．coupon rate
B．term to maturity
C．interest rates
D．all of the above
正确答案：D
解析：答案为B项。那些愿意承担50％概率风险的个人被称为风险爱好者(risk—loving individual)。故本题选B项。 知识模块：金融英语业务知识
2． What factors would you look for in a bond when seeking to minimize your
interest rate risk?
A．Low coupon payments and a long term to maturity.
B．High yield to maturity and low coupon payments.
C．High coupon payments and a short term to maturity.
D．Low yield to maturity and a long term to maturity.
正确答案：C
解析：答案为D项。票面利率、期限和利率是影响持续期长短的因素。故本题选D项。 知识模块：金融英语业务知识
3． Hedging refers to______.
A．acceptance of a foreign exchange risk
B．the covering of a foreign exchange risk
C．foreign exchange speculation
D．foreign exchange arbitrage
正确答案：B
解析：答案为C项。投资者在选择债券时，要将利率风险降到最低，就应该选择支付高额定息，且期限较短的债券。故本题选C项。 知识模块：金融英语业务知识
金融英语业务知识练习试卷20(题后含答案及解析)
金融英语业务知识练习试卷20 (题后含答案及解析)
题型有：1.54
B．RMB1 000
C．RMB951.98
D．RMB1 037.62
正确答案：A
解析：答案为A项。决定债券价格的根本因素是债券息票收入和到期票面价值的现值总和，通常市场利率若等于债券的票面利率，则债券平价(ac par)销售；若市场利率高于债券的票面利率，则债券折价销售(below par)；若市场利率低于债券的票面利率，则债券溢价销售(above par)。本题的债券销售价格为：l 000×10％／(1+8％)+1 000×10%/ (1+8％)2+l 000><10％／(1+8％)3+1 000／(1+8％)3=l054。故本题选A项。 知识模块：金融英语业务知识
5． Which of the following is a reason why a company might issue a stock
dividend?______.
A．To show that the company is performing well
B．To give stockholders a nontaxable distribution
C．To increase the shares outstanding, while keeping the price per share low
enough to attract small investors
D．All of the above
正确答案：D
解析：答案为D项。stock dividend“股份股利，股票股利”，即上市公司以本公司的股票代替现金作为股利向股东分红的一种形式。这种分红形式即送红股的形式。所送红股是由红利转增资本或盈余公积金转增资本形成的，属于无偿增资发行股票。股票股利的发放显示了发行公司经营状况良好；股票股利是免所得税的；股票股利的发放将使每股市场价保持在较低的价位，以吸引小投资者，增加发行在外的股票数量。本题中A项、B项、C项表示的都是公司发放股息的原因，故选D项。 知识模块：金融英语业务知识
金融英语业务知识练习试卷31(题后含答案及解析)
金融英语业务知识练习试卷31 (题后含答案及解析)
题型有：1.jpg />
A．4%
B．10%
C．0.2
D．0.25
正确答案：B
解析：答案为B项。本题计算的是证券组合的预期收益(expected return)，即该组合各种可能收益与相应概率的加权平均值(probabmty—weighted average)。其计算公式为：ER=∑PiRi，其中：ER表示预期收益，Pi表示各预期值发生的概率，Ri表示各种可能的收益，i表示各种可能收益水平的序号。故本题中的证券组合的收益率为：0.2×(一25％)+0．3×10％+0．5×24％=10％。 知识模块：金融英语业务知识
12． Use the following expectations on Stocks X and Y to answer questions 17
through 19 (round to the nearest percent).What are the expected returns for Stocks X
and Y respectively?______.
A．18% and 5%
B．18% and 12%
C．20% and 11%
D．20% and 10%
正确答案：D
解析：答案为D项。根据句意，股票X的预期收益率为：0．2×(一20％)+0．5×18％+0．3×50％=20％。股票Y的预期收益率为：0．2×(一l 5％)+0．5×20％+0．3×10％=10％。故本题选D项。 知识模块：金融英语业务知识
13． What are the standard deviations of returns on Stocks X and Y
respectively?______.
A．15% and 26%
B．20% and 4%
C．24% and 13%
D．28% and 8%
正确答案：C
金融英语业务知识练习试卷18(题后含答案及解析)
金融英语业务知识练习试卷18 (题后含答案及解析)
题型有： 2. 单项选择题
单项选择题
1． Which of the following would you classify as capital market
instruments?______.
A．Fixed-rate securities convertible into shares in a bank
B．Bank loans
C．Bank deposits
D．None of the above
正确答案：A
解析：答案为A项。银行存款与贷款属于问接融资方式，由银行充当媒介(bank intermediation)。本题中，只有A项表述的“可以转化为银行股份的固定利率证券”属于资本市场工具，故选A项。 知识模块：金融英语业务知识
2． Which of the following features is common to most capital market
instruments?______.
A．Their ownership gives a right to appoint directors to the board of the issuer.
B．They are used to finance short-term needs for the issuers.
C．They are sold directly to investors.
D．They entitle the purchaser to a fixed amount of income.
正确答案：C
解析：答案为C项。资本市场工具通常是由投资者在资本市场上直接购买。故本题选C项。 知识模块：金融英语业务知识
3． Which of the following statements is incorrect?______.
A．Debt instruments have a face value of the principal amount to be repaid at
金融英语业务知识练习试卷4(题后含答案及解析)
金融英语业务知识练习试卷4 (题后含答案及解析)
题型有：1.33 cakes
C．4 cakes
D．3 cakes
正确答案：B
解析：答案为B项。本句之意制作3件衬衣的机会成本为4个蛋糕，那么，制作l件衬衣的机会成本为4÷3=33，故选B项。 知识模块：金融英语业务知识
4． If the number of consumers in a market increases, which of the following is
most likely to occur?
A．Quantity demanded for the good will decrease
B．Demand for the good will increase
C．Demand for the good will decrease
D．The price will remain the same in the long run
正确答案：B
解析：答案为B项。消费者数量的增加会使需求随之增加，价格是否变化则需视需求与供给的共同作用情况而定。故本题选B项。 知识模块：金融英语业务知识
5． In perfect competition,______.
A．there are very few firms in the market
B．there is a homogeneous product
C．there are large barriers to entry
D．there is imperfect information between consumers and producer
正确答案：B
解析：答案为B项。完全竞争市场中的厂商都生产同质产品(homogeneous
product)，且厂商数量众多，消费者和厂商拥有完全信息，进入和退出自由。故本题选B项。 知识模块：金融英语业务知识
6． Microeconomics examines which of the following?______.
电大专科金融《英语I(1)》试题及答案1.doc
中央广播电视大学2010-2011学年度第二学期“开放专科”期末考试
英语工(1) 试题
注 意 事 项
一、将你的学号、姓名及分校（工作站）名称填写在答题纸的规定栏内。考试结束后，把试卷和答题纸放在桌上。试卷和答题纸均不得带出考场。监考人收完考卷和答题纸后才可离开考场。
一、仔细读懂题目的说明，并按题目要求答题。答案一定要写在答题纸的指定位置上，写在试卷上的答案无效。
三、用蓝、黑圆珠笔或钢笔答题，使用铅笔答题无效。
第一部分交际用语（共计10分，每小题2分）
1-5题：阅读下面的小对话，判断答语是否恰当，恰当的选A(Right)．不恰当的选B
( Wrong)．并将答案写在答题纸上。
1．- What do you do?
-1 work in insurance.
A．Right B．Wrong
2. - How about going to an estate agent?
- Yes, that's a good idea.
A．Right B．Wrong
3. - Excuse me, where is the nearest bank, please?
-It's not sure.
A．Right B．Wrong
4.- Are you free on Friday?
- No, I'm sorry.
A．Right B．Wrong
5.-What do you think of the invitations?
- That's a good idea.
A．Right B．Wrong
第二部分词汇与结构（共计40分，每小题2分）
6-25题：阅读下面的句子，从A.B.C三个选项中选出一个能填入空白处的最佳选项，并在答题纸上写出所选项的字母符号。