金融英语模拟题三T3P2Reading.docx

金融英语模拟题三T3P2Reading.docx

《金融英语模拟题三T3P2Reading.docx》由会员分享，可在线阅读，更多相关《金融英语模拟题三T3P2Reading.docx（12页珍藏版）》请在冰豆网上搜索。

金融英语模拟题三T3P2Reading

Parttwo　　　　　　　　　Reading

SectionOne（10%）

Directions:

Therearetenstatementsinthissection.ForeachstatementtherearefourchoicesmarkedA，B，C，D.Youshouldchoosethebestanswer.

31.BasleAccordissuedin1988dividesthecapitalofabankinto_______.

　A.tieroneandtiertwo

　B.passandspecialmention

　C.outstandingandexcellent

　D.standardandsubstandard

32.The'C'inCAMELSsystemrefersto_________.

　A.capacity

　B.currency

　C.capital

　D.capability

33.Thedifferencebetweenthebuyingrateandsellingrateisknownasthe________.

　A.spread

　B.premium

　C.discountt

　D.par

34.Theeconomicresourcesofabusinessarecalled________.

　A.liability

　B.asset

　C.owner'sequity

　D.expenses

35.whichitemisnotamajorsectioninstatementofcashflows_________.

　A.operatingactivity

　B.financingactivity

　C.repairingactiviy

　D.investmentactivity

36.Workingcapitalis__________.

　A.owner'sequitylessliability

　B.currentassetlesscurrentliability

　C.assetpluscurrentliability

　D.long-termloanlesscurrentasset

37.Inrealestateloan,maximumamountofwhichis_______oftheproperty.

　A.50%

　B.60%

　C.70%

　D.80%

38.___________isafinancialmarketinwhichsecuritiesthathavebeenpreviouslyissuedcanberesold.

　A.Aprimarymarket

　B.Asecondarymarket

　C.Anissuingmarket

　D.Thecapitalmarket.

39.Underthetransferredletterofcredit,_________istheaccountparty.

　A.buyer

　B.middleman

　C.seller

　D.bank

40.Asinbusinessaccounting,thebalanceofpaymentsrecordsincreasesinassetsanddecreasesinliabilitiesas__________,anddecreasesinassetsandincreasesinliabilitiesas________.

　A.debit;credit

　B.debits;credits

　C.credit;debit

　D.credits;detits

SectionTwo（10%）

Directions:

Thereare10blanksinthefollowingpassages.ForeachblankstherearefourchoicesmarkedA,B,C,D.Youshouldchoosethebestanswer.

PassageOne

　　Banksare__41____lenderstobusinessandconsumerfinancecompaniesunderlineofcreditarrangements.Financecompaniesareananomalyinthattheypermanentlyrelyon__42____.Theysatisfytherestperiodrequirementsoflineofcreditborrowing_43_____rotatingfromonebanktoanother,_44_____onebank'sloanwithloanproceedsfromotherbanks.Largefinancecompanies___45_______significantlytocommercialpaperinrecentyearsandhavedramaticallyreducedtheirrelianceonbankloans.

41.

　A.major　B.minor

　C.key　D.important

42.

　A.short-termlendings

　B.long-termlendings

　C.short-termborrowings

　D.long-termborrowings

43.

　A.with　B.at

　C.on　D.by

44.

　A.payingfor　B.payingoff

　C.payingdown　D.paying

45.

　A.havechanged　B.changed

　C.haveshifted　D.shifted

PassageTwo

　　However,investorsexpectthefinancecompaniestohavebankcreditlines___46______theirissuesofcommercialpaperderivedfromafirm's_47_______cashflows,primarilyearnings.Loanproceedsaregenerallyusedforpermanentincreasesin___48______orforfixed-assetpurchases.Inapuretermloan,theproceedsaredisbursedallatonceorwithinashortperiodoftime___49______closingtheloanagreement.Termloansmaybesecuredorunsecured,dependingonthepurposeoftheborrowing.Inreality,termloansprovideintermediate-termcredit;maturitiesareusuallylimitedto__50_____andaremostlyinthetwotofive-yearrange.

46.

　A.insupportof　B.insupport

　C.inorder　D.inorderthat

47.

　A.flowing　B.making

　C.doing　D.operating

48.

　A.workingcapital　B.workingmoney

　C.flowingcapital　D.workingmoney

49.

　A.before　B.after

　C.priorto　D.around

50.

　A.5years　B.7years

　C.10years　D.20years

SectionThree（10%）

Directions:

Readthefollowingpassages,anddeterminewhetherthesentencesare"Right"or"wrong".Ifthereisnotenoughinformationtoanswer"right"or"wrong''.choose"Doesn'tsay".

PassageOne

　　Theprimaryjustificationforbankingsupervisionistolimittheriskoflosstodepositors,andbysodoingtomaintainpublicconfidenceinbanks.Andwhilesupervisionnaturallyfocusesontheindividualbank,supervisorsmustalsobealerttothepossibilitythatproblemsinoneinstitutionmayhaveeither,systemicrepercussionsonothers,orontheintegrityofthepaymentssystem.

　　Althoughsupervisorsneedtohavesomeunderstandingofthemarketsandthebusinessenvironmentinwhichbanksoperate,theycannotbeexpectedtoknowasmuchasthebanksthemselvesaboutcommercialrealitiesofbanking.Anyway,itisnotthesupervisor'sroletomakethecommercialdecisionsthataretheprerogativeofbankmanagement.Rather,thesupervisormonitorsandevaluatestheoverallstrategies,policiesandperformanceofthebank----whereappropriatereferencetospecificlegalorprudentialcriteria-----andreachesaviewastothesoundnessofthebankandthecompetenceofthoserunningit.

51.Supervisorshavetheobligationtosaveafailingbank.

　A.Right

　B.Wrong

　C.Doesn'tsay

52.Supervisorsusuallypaymoreattentiontotheindividualbank.

　A.Right

　B.Wrong

　C.Doesn'tsay

53.Asoundbankwillnotsufferfromthebankruptcyofotherunrelatedbanks.

　A.Right

　B.Wrong

　C.Doesn'tsay

54.Supervisorshavetherighttomakedecisionsoncommercialoperationofsupervisedbanks.

　A.Right

　B.Wrong

　C.Doesn'tsay

55.Supervisorsshouldusethesamecriteriatoevaluatetheperformanceofthesupervisedbanks.

　A.Right

　B.Wrong

　C.Doesn'tsay

56.Supervisorsneednotknowtoomuchaboutthecommercialmarketsandbusinessenvironment.

　A.Right

　B.Wrong

　C.Doesn'tsay

PassageTwo

　　Itisimportanttonotethattherearelimitationsonanexternalexpert'sauthoritythatreflectthedistinctionsbetweenanindependentcontractor/consultantandanemployee.Forexample,aconsultantundercontractwiththeReserveBankhastheauthoritytomakerecommendations,giveopinions,andprovideanalysistotheReserveBankonlywithinthescopeoftheworkoutlinedintheconsultingcontract.Aconsultantdoesnothavepolicy,managerial,ordecision-makingauthority,andmaynotmakefinaldecisions.Whenparticipatingwithanexaminationteamonanexaminationorinspection,theconsultantmustreporttoadesignatedemployeesuchastheexaminer-in-charge,andmaynotserveasanexaminer-in-charge,orotherReserveBankrepresentativebeingpresent.Theconsultantmay,however,independentlyperformdata-gatheringfunctions,suchasinterviewingbankpersonnelorattendingmeetingstocollectinformationtocompletehisorherworkassignment.TheseandotherprovisionsareoutlinedinUniformDocumentsandGuidancetobeprovidedtotheconsultant.

57.Externalexpertscannotbeanexaminer-in-chargewhenparticipatewithinexaminationteamonanexaminationorinspection.

　A.Right

　B.Wrong

　C.Doesn'tsay

58.Anexternalconsultantmaynotattendameetingwithasupervisedinstitutiontopresentfindingsorconclusions.

　A.Right

　B.Wrong

　C.Doesn'tsay

59.Anexternalconsultantmayhavenoauthorityonmakingadecision.

　A.Right

　B.Wrong

　C.Doesn'tsay

60.Anexternalconsultantmayworkindependentlysometimes.

　A.Right

　B.Wrong

　C.Doesn'tsay

SectionFour（20%）

Directions:

Thereare4passagesinthissections.Eachpassageisfollowedbysomequestionsorunfinishedstatements.ForeachofthemtherearefourchoicesmarkedA,B,C,D.Youshouldchoosethebestanswer.

PassageOne

　　Capitalisatthetopofanybanksupervisor'slist.Themostbasicformofcapitalisequitycapital,whichistheshareholder'sfinancialinterestornetworth.Equitycapitalservesseveralpurposes:

itprovidesapermanentsourceofrevenuefortheshareholdersandfundingforthebank;itisavailabletobearriskandabsorblosses;itprovidesabaseforfurthergrowth;anditgivestheshareholdersreasontoensurethatthebankismanagedinasafeandsoundmanner.Minimumcapitaladequacyratiosarenecessarytoreducetheriskoflosstodepositors,creditorsandotherstockholdersofthebankandtohelpsupervisorspursuetheoverallstabilityofthebankingindustry.

　　TheBasleCommittee's"CorePrinciplesforEffectiveBankingSupervision"requiresthatsupervisorssetprudentandappropriateminimumcapitaladequacyrequirementsandencouragebankstooperatewithcapitalinexcessoftheminimum.Whenitappearsappropriateduetotheparticularriskprofile,uncertaintiesregardingtheassetquality,riskconcentrationsorotheradversecharacteristicsofabank'sfinancialcondition,considerationsofrequiringhigherthanminimumcapitalratiosareencouraged.Ifabank'sratiofallsbelowtheminimum,bankingsupervisorswillacttoensurethatithasrealisticplanstorestoretheminimuminatimelyfashion,ormayconsiderputtingadditionalrestrictionsonthebank'soperations.

61.Howdoesthebanksupervisorconcernthecapitalofacommercialbank?

　A.Banksupervisorputsthecapitaltothemostimportantplaceofhisconcerns.

　B.Banksupervisorcareslessaboutthecapitalofacommercialbank.

　C.Banksupervisorliststhecapitalinthefirstlineofhisnotebook.

　D.Banksupervisordoesnotconcernthecapitaltoomuch.

62.WhichisNOTtrueaboutequitycapitalofabank?

　A.Itcanbringincomeforitsshareholders.

　B.Itcanprovidefinancialsupporttoabank.

　C.Itcanimprovethedevelopmentofabank.

　D.Itcannotindicatewhetherabankismanagedinasafeorsoundmanner.

63.What'stheuseofminimumcapitaladequacyratioforabank?

Theratio