国际结算英文选择题附答案.docx

1、国际结算英文选择题附答案 Pleasure Group Office【T985AB-B866SYT-B182C-BS682T-STT18】国际结算英文选择题附答案1. To the exporter, the fastest and safest method of settlement is ( B )A. letter of credit B. cash in advance C. open account D. bankers draft2. To the importer, the most favorable method of settlement is ( C ) of cred

2、it B. cash in advance C. open account D. collection3. Which of the following payment method is based on commercial credit( C ) of credit guarantee C. collection D. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who is responsible for the freight charges in eac

3、h ( A )A. importer; exporter B. exporter; importer C. importer; importer D. exporter; exporter5. International cash settlement has the following disadvantages except ( B ) A. expensive B. safe C. risky D. time-consuming 6. CHIPS is the electronic clearing system for ( B ) B. USD D. EUR 7. CHAPS is t

4、he electronic clearing system for ( A ) B. USD D. EUR 8. BOJ-NET is the electronic clearing system for ( D )A. USD B. GBP 9. TARGET is the electronic clearing system for ( C )A. USD B. GBP 10. CHATS is the electronic clearing system for ( D )A. USD B. GBP 11. From a Chinese banks point of view , the

5、 current account it maintains abroad is known as ( A )A. a nostro account B. a vostro account C. a current account home currency account 12. From a Chinese banks point of view , the current account maintained by a foreign bank with him is known as （B ） nostro account vostro account current account f

6、oreign currency account13. International trade settlement methods are used to complete the money transfer aroused by ( A)A. goods transactions B. services supply C. security investment D. investment incomes14. Documentary credit business is subject to ( A )A. UCP600 522 C. URDG758 D. ISP9815. Collec

7、tion business is subject to ( B )A. UCP600 522 C. URDG758 D. ISP9816. Standby credit business is subject to ( D )A. UCP600 522 C. URDG758 D. ISP98 of guarantee business is subject to ( C )A. UCP600 522 C. URDG758 D. ISP9818. London is the clearing centre for ( B )A. USD B. GBP 19. New York is the cl

8、earing centre for ( A )A. USD B. GBP 20. Tokyo is the clearing centre for ( D )A. USD B. GBP 21. Frankfurt is the clearing centre for ( C )A. USD B. GBP the following documents, the one which is not regarded as control documents is ( D )A. authorized signatures B. test keys C. schedule of terms and

9、conditions D. correspondent arrangement23. The seller should arrange for the insurance of the goods transportation under ( C ) 24.（ A ） cheque can be cashed over the counter of paying bank.A. An open B. A crossed C. A general crossing D. A special crossing25. The effect of a blank endorsement is to

10、make a negotiable instrument payable to the （ C ） A. specified person B, order of a specified person C. bearer D. named person26. If the bill is payable “60 days after date”, the date of payment is decided according to （ C ）A. the date of acceptance B. the date of presentation C. the date of issuanc

11、e D. the date of maturity27. The party to whom the bill is addressed is called the（ B ）A. drawer B. drawee C. holder D. payee28. When financing is without recourse, this means that the bank has no recourse to the （ D ）if such drafts are dishonored. A. payer B. drawee C. acceptor D. drawer29. The（ C

12、） of a promissory note assumes the prime liability to make payment of the note.A. holder B. drawee C. maker D. acceptor 30. The bill which must be presented for acceptance is （ B ）A. the bill payable at xx days after date B. the bill payable xx days after sight C. the bill payable on a fixed date D.

13、 the bill payable at sight31. In order to retain the liabilities of the other parties, a bill that has been dishonored must be （ A ）A. protested B. given to the acceptor C. retained in the files D. presented to a bank32.（ C ）is not a holder of a billA. Payee B. Endorsee C. Drawer D. Bearer33. Which

14、of the following is a relative essential item of a bill （ B ）A. amount B. tenor C. payee D. drawee34. An endorsement ,which prohibits the further negotiation of the instrument ,is called （ D ）endorsement . A. qualified B. general C. specific D. restrictive35. A check is a （ D ）draft drawn on a bank

15、A. time C. direct D. demand36. The act which is never involved in promissory note business is （ C ） 37. The act which is never involved in check business is （ C ） 38. The acceptor of a bill is the person who originally named as ( B ) of the bill.A. drawer B. drawee 39. The first holder of a bill is the ( C ) of the billA. drawer B. drawee 40. Among the following crossed cheques, the one which contains the words ( D ) is a special crossed cheque.A. banker B. not negotiable C. A/C payee D. Bank of China 41. The means of authenticating payment order in mail transfer is the （