[语言类考试复习资料大全]现代金融业务(综合)模拟5

1、书山有路勤为径，学海无涯苦作舟。祝愿天下莘莘学子：学业有成，金榜题名！语言类考试复习资料大全现代金融业务(综合)模拟5现代金融业务(综合)模拟5Part One ListeningSection One 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 sugges

2、ted 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. (如需获取本MP3听力录音请搜索标题名) 1.A.Current accounts are greatly different from sight deposits.B.Current accounts can be withdrawn through dispenser

3、s.C.Current accounts can not be withdrawn through cheque.D.Sight deposits can not be withdrawn through cheque.答案:B解析Sight deposits can be withdrawn through cash dispensers or by cheque and are often called current accounts.单句意思为“活期存款可以通过自动柜员机或支票取款，且经常被称为活期账户”，只有B项意思正确。2.A.The cardholder has to pay t

4、he bill in full within a grace period without interest.B.The cardholder can choose to pay the bill in full within a grace period without interest.C.The cardholder can choose to pay the bill in full and interest within a grace period.D.The cardholder has to pay the bill in full and interest within a

5、grace period.答案:B解析The cardholder has the option of paying the bill in full within a grace period without interest.单句意思为“持卡人可以选择在宽限期内将贷款全额还上，这样就不用交利息。”3.A.You need to pay ten dollars to open a new account.B.You can open a new account to get ten dollars.C.Bank will charge you ten dollars for your new

6、 account.D.You can open a new account by depositing ten dollars.答案:D解析Ten dollars of initial deposit is needed for opening a new account.单句意思为“开立新的帐户时需十美元作为首笔存款。”4.A.Banks with global operations are also referred to as national corporations.B.Both the banks and non-financial corporations have the sa

7、me desire to make profit.C.Managers of non-financial corporations have no profit motives.D.Non-financial corporations are multinational and operate globally.答案:B解析Banks that operate globally are multinational corporations and their management has the same profit motives that managers of non-financia

8、l corporations have.单句意思为“全球性经营的银行为跨国公司，其管理层和其他非金融机构的管理者一样具有相同的盈利动机”。5.A.tinder straight L/C, the paying bank has recourse to the beneficiary.B.Under negotiation L/C, the negotiating bank has no recourse to the beneficiary.C.Under straight L/C, the paying has to recourse to the beneficiary.D.Under n

9、egotiation L/C, the negotiating bank has recourse to the beneficiary.答案:D解析The difference between the straight documentary credit and negotiation documentary credit lies in that the latter is with recourse to the beneficiary but the formal without.单句意思为“直接跟单信用证和议付跟单信用证的区别在于后者对受益人有追索权而前者没有。” (如需获取本MP

10、3听力录音请搜索标题名) 6.A.The collecting banker is the banker on whom the cheque is drawn.B.The paying banker is the banker on whom the cheque is drawn.C.The drawer banker is the banker on whom the cheque is drawn.D.The presenting banker is the banker on whom the cheque is drawn.答案:B解析The banker on whom the

11、cheque is drawn is called the drawee banker or the paying banker.支票应是开给付款银行的，collecting banker托收行。presenting banker。提示行。7.A.To benefit, all the documents are to be combined with the credit.B.All the documents are to be made by the beneficiary for the credit.C.All the documents are to be made in conf

12、ormity with the terms and conditions of the credit.D.The beneficiary will make the documents combined with the terms and conditions of the credit.答案:C解析The beneficiary have to make all the documents complied with the terms and conditions of the credit.单句意思为“受益人必须制定与信用证的条款相符合的单据。”8.A.Bank will reject

13、 the crossed check.B.It is not advisable to hold a crossed check.C.You can only have a crossed check paid to your account.D.A crossed check is not a good check, not illegal though.答案:C解析A crossed cheek can not be encashed but can be paid into account.单句意思为“划线支票不能兑换现金，但是能存入账户。”9.A.The application for

14、m should only be signed by the customer.B.The application form could be signed by a customer or by his authorized agent.C.The application form should be signed by the bank.D.The application form should only be signed by his authorized agent.答案:B解析The application form should be signed by the customer

15、 or by those persons who have been duly authorized to act on his behalf.单句意思为“申请表格可以由客户本人签字或是由客户授权人代其签字。”10.A.The issuing bank of an L/C is a bank in the exporters country.B.The issuing bank establishes an L/C in favor of the exporter.C.The issuing bank of an L/C is a bank in the importers country.D

16、.The bank that opens the letter of credit on behalf of the importer is the advising bank.答案:C解析The issuing bank of an L/C is the bank located in the importers country that opens the letter of credit on behalf of the importer.单句意思为“信用证的开证行位于进口商境内，开证行代表进口商开立信用证。”Section Two Directions: In this section

17、, 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 corre

18、sponding letter on the ANSWER SHEET with a single line through the center. (如需获取本MP3听力录音请搜索标题名) 1.A.In order to avoid problems arising from fluctuations of exchange rate.B.In order to get more money.C.In order to use the money as soon as possible.D.In order to overdraw the money.答案:A解析W: Why should

19、the money be deposited within such a short time?M: To avoid problems arising from fluctuations of exchange rate and to prevent possible fraud or overdrawing.Q: Why should the money be deposited within such a short time?男士回答：为了避免由于浮动汇率带来的问题和防止可能的恶意欺诈或透支行为。2.A.Immediate payment.B.Deferred payment.C.In

20、voice.D.US $1,000.答案:B解析W: Henry, I understand your invoice for US $ 1,000 is due for payment at the end of this month. Please allow me to defer payment until four weeks later.M: Thats all right. We wont press you for immediate payment. Send us your check later on when you have money.Q: What does th

21、e woman ask for?女士问：亨利，我知道你的1000美元货款应该在这个月末付清，请允许我延迟四星期付款。B项中的Deferred payment即延迟付款。3.A.Cashiers.B.Savings certificate.C.Cash letters of credit.D.Certified cheeks.答案:B解析W: Then certified checks, cashiers and cash letters of credit are all variants of demand deposits.M: Yes, thats right.Q: Which of t

22、he following is not one form of demand deposits?女士谈到活期存款时提到了certified checks、cashiers、cash letters of credit，但没有提及savings certificate。4.A.Interbank lending.B.Cheek clearance.C.Electronic fund transfer.D.Borrowing ability.答案:A解析M: What are the benefits for commercial banks as a member of the Federal

23、Reserve System?W: There are three major benefits : ease of check clearance, electronic fund transfer and ability to borrow from the Fed.Q: Which of the following is not mentioned by the woman?女士回答：商业银行成为联邦储备系统成员主要有三大好处：易于资金清算、电子货币转账、从联邦储备获得贷款的能力。女士没有提及银行间贷款。5.A.The banks base rate is fixed.B.The rat

24、e on demand deposits is low.C.The rate on demand deposits is high.D.The banks base rate is floating.答案:B解析M: The depositors can earn interest on demand deposits, is that right?W: Yes, but the rate of interest on demand deposits is generally well below the banks base rate.Q: What does the woman imply

25、?对话中女士提到“活期存款利率远低于银行基本利率”，也就是说活期存款利率很低。 (如需获取本MP3听力录音请搜索标题名) 6.A.Because of the prudence concept.B.Because of the materiality concept.C.Because of the matching principle.D.Because of the Dual Aspects Concept.答案:A解析M: Good news! The current price of land we bought last year has increased greatly. How

26、 about reporting it in the profit and loss account?W: Wait a minute. According to the Prudence Concept, if the market price is higher than the cost, the higher amount is ignored in the accounts.Q: Why cant they record the gains right now?女士说“根据会计的谨慎原则，当市场价高于成本时，按成本价入账。”7.A.Canadian dollars.B.British

27、 Pounds.C.U.S. dollars.D.H.K. dollars.答案:A解析M: Hello, can I do anything for you?W: Yes, I need to change foreign moneys. Could you help me change some Canadian dollars in travelers cheques issued by Royal Bank of Canada?Q: What kind of foreign currencies does the speaker want to exchange?女士回答：我需要兑换一

28、些外币。你可以给我兑换一些加元以存入由加拿大皇家银行发行的旅行支票吗?8.A.How to present the bill for payment.B.The presentation of bills for payment.C.The solution to the injured drawer.D.The payment of the cheque.答案:B解析M: What will happen if a draft is not presented for payment when due?W: If this is the case, all the signatories o

29、n the bill will be discharged except the acceptor.Q: What are the two people mainly talking about?对话谈论的是汇票到期未付款的问题，女士的回答是，除了汇票承兑人，其他所有背书人都没有责任。因此他们在讨论汇票的偿还问题。9.A.On every business day.B.On Tuesday.C.On Wednesday.D.On the following business day.答案:D解析M: Oh, my God! Jessica. Its five p. m. now. Tomorr

30、ow is Saturday. The credit will expire on Sunday. Weekend is non-business day. We cannot make it today. What shall we do?W: Dont worry. Banks will accept presentation on the following business day.Q: When will the bank deal with the credit if the expiry date of a credit fails on a non-business day?根

31、据女士的回答，贷款在假期期间到期时，银行将在下一个工作日办理。10.A.The sales slips are not important.B.The sales slips show the amount of the sale.C.The sales slips perform important functions in the bankcard transactions.D.The sales slips contain the details of the card.答案:C解析W: What is function of the sale slip? It is so small

32、that it is not always considered important.M: It is small, of course, but it contains the details of the card and they also show the details and amount of the sale.Q: What can we learn from the conversation?当女士问男士销售单的功能时，男士答到，它包含了信用卡的详细信息，也能显示出销售金额以及其他详细信息，可见销售单在信用卡交易中发挥着重要作用。Section Three Direction

33、s: 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 correspondin

34、g letter on the ANSWER SHEET with a single line through the center. Passage One (如需获取本MP3听力录音请搜索标题名) 1.A.It means that at any time you can buy currency of one country for another currency.B.It means that the actual and variable amount of one currency can be bought for a fixed sum in another currency

35、 at any given time.C.It means that any kind of currency can be bought at any time for another currency.D.It 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.答案:B解析 21-23 Spot transaction means the a

36、ctual and variable amount of the currency of one country which at any given time, can be bought for a fixed sum in the currency of another country. It is a term meaning that these transactions are settled on the second working day from the date of the deal. For example, you buy $ 5,000.00 US dollars

37、 on October 10th( say Wednesday) , the purchased US dollars will value on October 12th. 21. What does spot transaction mean? 录音原文提到Spot transaction meanscan be bought for a fixed sum in the currency of another country.现汇交易意味着一国货币可按照现行汇率确定的数额随时兑换固定数额的他国货币。2.A.Two days from the dealing date.B.2 days a

38、fter the dealing dateC.On the 2nd business day from the dealing dateD.2 days before value date答案:C解析When are the spot transaction settled?录音原文提到It is a term meaning thatfrom the date of the deal.现汇交易本身意味着在交易后第二个工作日交易价格确定。3.A.Oct. 10thB.Oct. 11thC.Oct. 12thD.Oct. 13th答案:C解析Whats the value date for pu

39、rchase of $ 5,000.00 US dollars in the passage?录音原文最后提到For example, you buy $5,000.00 US dollarswill value on October 12th.例如，10月10日你购买5,000.00美元，其价格10月12日确定。Passage Two (如需获取本MP3听力录音请搜索标题名) 1. How often do the FOMC members typically put their heads together?A.twice annuallyB.4 times annuallyC.6 tim

40、es annuallyD.8 times annually答案:D解析 24-27 The FOMC typically meets 8 times of year. At these meetings the FOMC members decide whether monetary policy should be changed Before each meeting, FOMC members receive the Green Book, which contains the FRB staff forecasts of the U. S economy, the Blue Book,

41、 which presents the Board staff monetary policy analysis and the Beige Book, which includes a discussion of regional economic conditions prepared by each Reserve Bank. When the FOMC meets, they decide to lower, raise, or leave unchanged its target for the federal funds rate. The reason we say they s

42、et the target for the rate is that the rate is actually determined by market forces. 24. How often do the FOMC members typically put their heads together? 录音原文提到The FOMC typically meets 8 times of year. meet即题中的put their heads together，是开会的意思。2. What is the purpose of the FOMC meeting?A.Making decis

43、ions on investment portfolio of the FRB.B.Making decisions on monetary policy.C.Making decisions on fiscal policy.D.Making decisions on exchange rate of U. S. dollar.答案:B解析What is the purpose of the FOMC meeting?录音原文提到At these meetings the FOMC members decidebe changed联邦公开市场操作委员会成员在会议上商榷货币政策是否应该改变。3

44、. Which of the followings presents the forecasts of the U.S. economy?A.Blue BookB.Green BookC.Beige BookD.White Book答案:B解析Which of the followings presents the forecasts of the U.S. economy?录音原文提到FOMC members receive the Green Book, the U.S economy，联邦公开市场操作委员会成员开会前都会收到“绿皮报告”，报告中有联邦储备委员会对美国经济的预测。4. Wh

45、o determined the actual level of federal funds rate?A.The Fed.B.Market forces.C.The FOMC.D.none of the above.答案:A解析Who determined the actual level of federal funds rate?录音原文提到When the FOMC meets, they decide tothe federal funds rate.委员会在会议上决定是提高，或降低，或保持原来的联邦基金目标利率不变。Passage Three (如需获取本MP3听力录音请搜索标题名

46、) 1.A.Intrinsic value and time value.B.Internal value and external value.C.Exchange value and time value.D.Real value and stated value.答案:A解析 28-30 Currency options may have two kinds of value, intrinsic value and time value. If and to the extent that an option would currently be profitable to exerc

47、ise, it is said to have intrinsic value. In the case of a call, if the spot price is higher than the option exercise price, the option has intrinsic value. In the case of a put, if the spot price is less than the option exercise price, the option has intrinsic value. Such options are said to bein-th

48、e-money. If the opposite is true of either calls or puts, they have no intrinsic value and said to be out-of-the-money. 28. What are the two kinds of value do currency options have? 录音原文提到Currency options may have two kinds of value, intrinsic value and time value.外汇期权有两种价值：内在价值和时间价值。2.A.When the sp

49、ot price is lower than the option exercise price.B.When the option exercise price is higher than the spot price.C.When the spot price is higher than the option exercise price.D.When the option strike price is higher than the spot price.答案:C解析When does a call option have intrinsic value?录音原文提到In the

50、case of a call, if the spot price is higher than the option exercise price, the option has intrinsic value.当现行汇率高于期权执行汇率时，看涨期权具有内在价值。3.A.It is said to be out-of-the-money.B.It is said to be at-the-money.C.It is said to be unprofitable.D.It is said to be in-the-money.答案:D解析What is the option said to

51、be if it has intrinsic value?录音原文提到Such options are said to be in-the-money.有内在价值的期权被称为价内期权。Part Two ReadingSection One 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 a

52、nd 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 ex

53、change, 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

54、 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 rat

55、e 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

56、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. T

57、he 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 t