2021年云南金融英语考试考前冲刺卷（2）.docx

2021年云南金融英语考试考前冲刺卷（2）本卷共分为2大题50小题，作答时间为180分钟，总分100分，60分及格。一、单项选择题（共44题，每题2分。每题的备选项中，只有一个最符合题意） 1.BSection One/B Directions: In this section ,you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause ,you must read the four suggested answers marked A,B,C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AThe cardholder has to pay the bill in full within a grace period without interest.BThe cardholder can choose to pay the bill in full within a grace period without interest.CThe cardholder can choose to pay the bill in full and interest within a grace period.DThe cardholder has to pay the bill in full and interest within a grace period. 2.BSection One/B Directions: In this section ,you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause ,you must read the four suggested answers marked A,B,C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AYou need to pay ten dollars to open a new account.BYou can open a new account to get ten dollars.CBank will charge you ten dollars for your new account.DYou can open a new account by depositing ten dollars. 3.BSection One/B Directions: In this section ,you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause ,you must read the four suggested answers marked A,B,C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. ABanks with global operations are also referred to as national corporations.BBoth the banks and non-financial corporations have the same desire to make profit.CManagers of non-financial corporations have no profit motives.DNon-financial corporations are multinational and operate globally. 4.BSection One/B Directions: In this section ,you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause ,you must read the four suggested answers marked A,B,C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. Atinder straight L/C, the paying bank has recourse to the beneficiary.BUnder negotiation L/C, the negotiating bank has no recourse to the beneficiary.CUnder straight L/C, the paying has to recourse to the beneficiary.DUnder negotiation L/C, the negotiating bank has recourse to the beneficiary. 5. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AIn order to avoid problems arising from fluctuations of exchange rate.BIn order to get more money.CIn order to use the money as soon as possible.DIn order to overdraw the money. 6.AThe collecting banker is the banker on whom the cheque is drawn.BThe paying banker is the banker on whom the cheque is drawn.CThe drawer banker is the banker on whom the cheque is drawn.DThe presenting banker is the banker on whom the cheque is drawn. 7. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AImmediate payment.BDeferred payment.CInvoice.DUS $1,000. 8.ATo benefit, all the documents are to be combined with the credit.BAll the documents are to be made by the beneficiary for the credit.CAll the documents are to be made in conformity with the terms and conditions of the credit.DThe beneficiary will make the documents combined with the terms and conditions of the credit. 9.ABecause of the prudence concept.BBecause of the materiality concept.CBecause of the matching principle.DBecause of the Dual Aspects Concept. 10. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. ACashiers.BSavings certificate.CCash letters of credit.DCertified cheeks. 11.ABank will reject the crossed check.BIt is not advisable to hold a crossed check.CYou can only have a crossed check paid to your account.DA crossed check is not a good check, not illegal though. 12. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AInterbank lending.BCheek clearance.CElectronic fund transfer.DBorrowing ability. 13.ACanadian dollars.BBritish Pounds.CU.S. dollars.DH.K. dollars. 14.AThe application form should only be signed by the customer.BThe application form could be signed by a customer or by his authorized agent.CThe application form should be signed by the bank.DThe application form should only be signed by his authorized agent. 15.AHow to present the bill for payment.BThe presentation of bills for payment.CThe solution to the injured drawer.DThe payment of the cheque. 16. Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A, B, C, D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. AThe banks base rate is fixed.BThe rate on demand deposits is low.CThe rate on demand deposits is high.DThe banks base rate is floating. 17.AThe issuing bank of an L/C is a bank in the exporters country.BThe issuing bank establishes an L/C in favor of the exporter.CThe issuing bank of an L/C is a bank in the importers country.DThe bank that opens the letter of credit on behalf of the importer is the advising bank. 18.AOn every business day.BOn Tuesday.COn Wednesday.DOn the following business day. 19.AThe sales slips are not important.BThe sales slips show the amount of the sale.CThe sales slips perform important functions in the bankcard transactions.DThe sales slips contain the details of the card. 20. Directions: In this section, you will hear three short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center. BPassage One/BAIt means that at any time you can buy currency of one country for another currency.BIt means that the actual and variable amount of one currency can be bought for a fixed sum in another currency at any given time.CIt means that any kind of currency can be bought at any time for another currency.DIt means that the actual and fixed amount of the currency of one country at any time can be bought for a variable sum in the currency of another currency. 21.BPassage Three/BAIntrinsic value and time value.BInternal value and external value.CExchange value and time value.DReal value and stated value. 22.BPassage Two/BHow often do the FOMC members typically put their heads togetherAtwice annuallyB4 times annuallyC6 times annuallyD8 times annually 23.BSection One/B Directions: There are three passages in this section. Each passage is followed by some questions or unfinished statements. For each of them, there are four choices marked A, B, C and D. You should make the best choice and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center. Passage 1 The forward market also provides facilities for forward currency transactions. This is a means of enabling the importer or exporter to agree a rate of exchange, now, at which a foreign currency will be exchanged for sterling at a future date, usually one, two, three or six months ahead but sometimes one or two years. This rate is fixed regardless of what might have happened to the rate of exchange in the meantime and is particularly useful in an era of floating, and potentially volatile, exchange rates. If, for example, a British importer of US machines which cost $ 3,000 each has to pay in one months time he may prefer to buy the currency now for actual delivery in one months time. With a current rate of $2.00 to the 1 pound the one month rate may be at a two cent premium ($1.98) or 2 cents dearer than the spot rate. These purchases will therefore cost the importer an additional 15 but at least he knows exactly how much it will cost him whatever happens to exchange rates. If the pound had been devalued or floating down during the month the cost could have horn a lot more than 15. Theoretically there are two alternatives to buying forward: 1) To buy $3,000 now at the spot rate, pay interest on any loan to pay for the purchase and invest the dollars for one month. 2) Pay the spot rate in one months time whatever the rate might be. The facility to buy or sell a currency forward, therefore, enables the importer to fix a definite price which will not be affected by fluctuations in exchange rates. Forward exchange markets were temporarily disrupted in 1974 by the collapse of a West German bank which failed to meet its foreign currency obligations. As the foreign exchange markets depend so much on confidence, this collapse led to a temporary contraction in the forward market. However, it has now regained much of the ground lost, indeed in an era of floating rates the forward market is of even more importance to traders in insuring themselves against loss through exchange rate fluctuations.How are the forward transactions made in the forward market AWhen the dealers see marginal differences in the rate of exchange in different markets, they can buy the second currency in one market and selling in another.BMost of the dealing in the foreign exchange market is to satisfy the immediate requirements of traders.CThe dealers can close a deal by agreeing the rate of exchange in the meantime in this market and then delivery of currency is specified to take place at a future date.DThe markets respond to the normal laws of supply and demand of currency. 24.Passage 2 A guarantee is defined in the Statute of Frauds 1677 as "a written promise made by one person to be collaterally answerable for the debt, default, or miscarriage of another". There are therefore three parties involved in the guarantee situation, although only two are in a contractual relationship arising out of the guarantee document, the creditor and the guarantor. The party who is owed the money, or whose rights are protected, is known as the creditor and the person owing him the money, or who is under an obligation to him, is called the principal debtor. The guarantor, or surety as he is sometimes called, therefore assumes a secondary liability and in effect says to the creditor: "if the principal debtor does not meet his liabilities to you, then I will". There are similarities between a contract of guarantee and a contract of indemnity, but the difference is that an indemnifier assumes primary responsibility himself and in effect he says to the creditor "I will see that you are paid". The distinction is important, for whereas a guarantee to be enforceable must be evidenced in writing according to the Statute of Frauds 1677, this is not the case with an indemnity and an indemnity given orally would be enforceable, although understandably it might be difficult to prove to a court that such a contract had been entered into. In point of fact, nearly all bank guarantee forms are drafted in such a way that not only do they constitute a contract of guarantee, but they are also an indemnity. The advantage of this is that it gives the bank rights against the party signing, even though the bank might find itself with no fights which it could exercise against the principal debtor, for in such circumstances a contract of guarantee alone would be unenforceable. In other words, enforcement is not dependent on the efficacy of the Contract between the creditor and the principal debtor. Guarantees may be executed by hand or under seal, but if by hand they must be supported by consideration. The consideration usually given by a bank is of course the loan of money to the principal debtor, or the agreement to continue to allow borrowing facilities for a further period of time._ are the parties with contractual relationship derived from the guarantee document. AThe creditor, the debtor and the guarantorBThe guarantor and the debtorCThe guarantor and the creditorDThe debtor and the creditor 25. Directions: There are 10 blanks in the following passages. For each blank, there are four choices marked A, B, C and D. You are supposed to choose the best answer and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center. BPas