金融英语期末试卷

金融英语复习材料期末考试题型及分值分布：1：单项选择 20*1’=20’2：阅读理解两篇 10*2’=20’3：汉译英 5*3’=15’4：英译汉 6*5’=30’5：专业问答 15’Ⅰ Multiple choice.1. What function is money serving when you buy a ticket to a movie?A. store of valueB. a unit of accountC. transaction demandD. a medium of exchange2. Which of the following statements is not true of central banks?A. they pay the government’s salariesB. they are always the lender of last resortC. they always undertake the regulation of the banking systemD. none of the above3. What is the reserve requirement?A. The requirement for cash reservesB. The requirement for deposits in cashC. T he percentage of a bank’s deposits in the form of cash reservesD. The requirement of a bank to deposit a percentage of money4. Regulation of the money supply and financial markets is referred to asA. fiscal policyB. monetary policyC. income policyD. budgetary policy5. Financial markets serve to channel funds from .A. savers to investorsB. investors to consumersC. consumers to producersD. the government to contractors6. If the central bank wishes to increase the level of bank reserves temporarily, it should .A. purchase government securities outrightB. raise reserve requirementC. buy government securities under a repurchase agreementD. sell government securities under a reserve repurchase agreement7. A commercial bank wishing to increase its capital shouldA. issue new stockB. acquire new depositC. make more commercial loansD. acquire government securities8. The following are the three main instruments used by the central bank to implement its monetary policy exceptA. reserve requirement ratioB. credit quotaC. open market operationD. discount rate9. are the major target which the central bank buys and sells in the open market.A. financial institution bondsB. corporate bondsC. stocksD. government securities10. Financial intermediaries are institutionsA. that borrow funds from investors in productive facilitiesB. that act as middlemen in transferring funds from ultimate lenders to ultimate borrowersC. that lend funds to small saversD. all of the above11. Financial markets can be classified asA. debt and equity marketsB. primary and secondary marketC. money and capital marketsD. all of the above12. Commercial banks participate in the money market asA. lenders onlyB. borrowers onlyC. both lender and borrowersD. trustees only13. The major expense of commercial bank isA. wages and salariesB. dividend payments to stockholdersC. interest on depositsD. taxes14. Stocks are also referred to asA. securitiesB. equitiesC. sharesD. all of above15. Which of the following is not a type of bond?A. corporateB. treasuryC. EurodollarD. municipal16. Which of the following is a debt instrument found in the capital market?A.U.S. treasury billB. commercial paperC. residential mortgageD. demand deposit17. The foreign exchange market is organized asA. a physical marketB. a capital marketC. a speculative marketD. over-the-counter market18. Exchange control require the governmentA. to ensure that the foreign-exchange market is perfectly competitiveB. to stop buying foreign exchangeC. to sell more foreign exchange than it buysD. to balance inflows and outflows of foreign exchange at the current exchange rate19. The forward rate is calculated by adjusting the spot rate by aA. premiumB. discountC. marginD. difference20. When the U.S. real interest rate is low, owning U.S. assets is and so U.S. net foreign investment isA. more attractive…highB. more attractive…lowC. less attractive…highD. less attractive…low21.The main liability on a bank balance sheet is ______.A. depositsB. capital and reservesC. loans and overdraftsD. cash22. Why must the liabilities and assets of a bank be actively managed? ______.A. Because assets and liabilities are not evenly matched on the same time scaleB. Because assets and liabilities are evenly matchedC. Because the interbank market uses LIBORD. Because assets and liabilities can be underwritten23. Financial intermediaries by "borrowing short and lending long" find themselves in difficult financial situations becauseA. short-term rates are fallingB. long-term rates are risingC. deposits increase too rapidlyD. short-term rates rise relative to rates of their holdingsE. long-term rates rise more sharply than short-term rates24. Banks manage their assets considering ______.A. riskB. some optimum combination of the aboveC. earningsD. liquidity25. Indirect finance is also known as .A. financial intermediationB. intangible financeC. disintermediationD. the futures market26. Which of the following financial institutions have the most assets?A. life insurance companyB. private pension fundsC. commercial banksD. credit unions27. By purchasing government securities commercial banks are .A. borrowing from the governmentB. acquiring earning assetsC. making a “loan” to the governmentD. both B and C28. Which of the following financial intermediaries operate in primary securities markets?A. brokersB. dealersC. commercial banksD. investment banks29.Which of the following would be considered a disadvantage of allocating resources using a market system?A. Income will tend to be unevenly distributed.B. Significant unemployment may occur.C. The wastage of scarce economic resources cannot be prevented.D. A misallocation of resources may occur where there is a discrepancy between private and social costs.30. Which of the following is not a factor of production according to economists?A. LandB. LaborC. EntrepreneurshipD. Trademark31. Which of the following is not a function of money?A. To act as a medium of exchangeB. To act as a unit of accountC. To act as a store of valueD. To act as a means of paymentE. To provide a double coincidence of want.32. Legal tender includes .A. coins onlyB. notes onlyC. notes and coinsD. notes, coins and checks33. Commercial bank deposits with the central bank are part of the bank’sA. net worthB. demand depositsC. loan portfolioD. reserves34. The key factor limiting how much a commercial bank has immediately available to lend is the amount of itsA. demand depositsB. excess reservesC. vault cashD. savings deposits35. Which of the following central bank action would be appropriate to combat rapid inflation?A. A reduction in the discount rateB. A reduction in reserve requirementC. A cut in taxD. A sale of government securities36. A commercial bank wishing to increase its capital shouldA. issue new stockB. acquire new depositsC. make more commercial loansD. acquire government securities37. The price in the foreign market is calledA. the trade surplusB. the money priceC. the exchange rateD. the currency rate37. Monetary policy and policy are the two basic tools used by the government to influence the course of economic activity.A. accountingB. fiscalC. financialD.trade38. if the nominal rate of interest is 10 percent and the expected rate of inflation is 7 percent, the real rate of interest is .A.27 percentB. minus 3 percentC. plus 3 percentD. minus 27 plus39. A money market instrument usually used for import/export payment is known as .A. repurchase agreementB. EurodollarC. Certificate of depositD. Banker’s acceptance40. Bonds that can be changed to shares of common stock are said to be .A. callableB. general obligationC. convertibleD. zero-coupon41. Preferred stockholders receive .A. coupon paymentsB. fixed dividend paymentsC. variable dividend paymentsD. payment in the form of additional stock42. Bank manage their assets considering .A. riskB. liquidityC. earningsD. some optimum combination of the above43. Which of the following would be considered a loan secured by real estate?A. A credit card loanB. Subordinated debtC. Bank capitalD. A mortgage44. will be either the sole or the main source of a project loan repayment.A. capital fundsB. investment gainsC. the cash flow arising from the projectsD. all of the above45. In a syndicated loan, handles the negotiations with the borrower, prepares the relevant documentation and disburses the full amount of the loan to the borrower.A. the lead bankB. the accounting bankC. the participating bankD. the agent bank46. Repayment of a borrowing for working capital purposes usually comes from .A. profitsB. sale of fixed assetsC. cash flowD. capital introduced47. A loan agreement is normally prepared by and reviewed by .A. the lending bank’s legal counsel…the borrower’s attorneyB. the borrower’s attorney …the lending bank’s legal counselC. a third party other than the lending bank and the borrower… the lending bank’s legal counselD. none of the above48. For the most bank, are the largest and most obvious source of credit risk.A. guaranteesB. interbank transactionsC. loansD. equities49. A customer has deposited a gold watch with the bank for safe-keeping. This is an example ofA. lienB. pledgeC. bailmentD. mortgage50. A pledge provides a bank with .A. possession of the goodsB. rights over items held in safe custodyC. legal ownership of the goodsD. the ability to transfer interests in certain assets51. Which of the following is true of a mortgage?A. the mortgage retains possession of the mortgaged propertyB. the mortgagor retains possession of the mortgaged propertyC. the lender acquires the right to retain the mortgaged property until the mortgaged debt is repaidD. none of the above汉译英练习题：1.我们银行经办定期存款、活期存款和定活两便存款。

1.Which of the following is not a function of money？______。

A.To act as a medium of exchangeB.To act as a unit of accountC.To act as a store of valueD.To provide a double coincidence of wantsE.To act as a means of payment2.The price in the foreign exchange market is called ______。

A.the trade surplusB.the exchange rateC.the money priceD.the currency rate3.Market risk refers to the risk of______。

A.financial prices fluctuationsB.defaultC.fraudD.deferred payments4.Which of the following is not among the generally accepted accounting principles？______。

A.Cash basisB.PrudenceC.ConsistencyD.Going concernE.Money measurement。

5.What is a documentary letter of credit？______。

A.A conditional bank undertaking to pay an exporter on production of stipulated documentationB.A method of lending against documentary securityC.An international trade settlement system biased in favour of importersD.All of the above6.Holding a group of assets reduces risk as long as the assets ______。

金融英语期末试题及答案一、选择题1. What is the time value of money?A. The concept of money having different values at different times.B. The concept of money having the same value at all times.C. The concept of money having no value over time.D. The concept of money having a fixed value regardless of time.答案：A2. Which of the following is a type of risk in finance?A. Exchange rate riskB. Market riskC. Interest rate riskD. All of the above答案：D3. What is the purpose of diversification in investment?A. To concentrate investments in a single assetB. To reduce the overall risk of a portfolioC. To increase the potential return of a portfolioD. To eliminate all risk from a portfolio答案：B4. What is the function of a stock exchange?A. To regulate the trading of stocks and other securitiesB. To provide loans to individuals and businessesC. To monitor interest rates in the economyD. To facilitate international trade transactions答案：A5. What is the role of a financial analyst?A. To analyze economic trends and make investment recommendationsB. To issue and sell financial products to customersC. To manage the day-to-day operations of a financial institutionD. To set monetary policies for an economy答案：A二、填空题1. The process of buying and selling securities on the stock market is known as _________.答案：trading2. A document that outlines the terms and conditions of a loan is called a _________.答案：loan agreement3. The risk that an investment will lose value due to changes in the overall market is known as _________ risk.答案：market4. The interest rate at which banks lend money to each other overnight is called the _________ rate.答案：overnight5. The process by which a company raises capital by selling shares to the public is known as _________.答案：initial public offering (IPO)三、简答题1. Explain the difference between stocks and bonds.答案：Stocks represent ownership in a company and give investors the right to share in the company's profits and voting rights. Bonds, on the other hand, are debt securities issued by companies or governments to raise capital. Bondholders lend money to the issuer in exchange for periodic interest payments and the return of the principal amount at maturity.2. What factors can affect currency exchange rates?答案：Currency exchange rates can be influenced by factors such as interest rates, inflation, political stability, economic performance, and market speculation. Changes in these factors can cause the value of a currency to fluctuate relative to other currencies.3. What is the difference between a mutual fund and an exchange-traded fund (ETF)?答案：A mutual fund is a pooled investment vehicle that collects money from multiple investors to invest in a diversified portfolio of securities. Investors in mutual funds buy shares directly from the fund at the net asset value (NAV) price. An ETF, on the other hand, is a type of investment fund that is traded on a stock exchange like a common stock. ETFs can be bought and sold throughout the trading day at market prices, and their prices may deviate slightly from the underlying asset value.四、解释题1. Explain the concept of compound interest.答案：Compound interest is the interest that is earned on both the initial principal amount and any accumulated interest from previous periods. In other words, it is interest on interest. As interest is added to the principal, the total amount grows over time, and subsequently, the amount of interest earned in each period also increases. This compounding effect allows investments to grow at an accelerated rate compared to simple interest, where interest is only calculated on the initial principal.2. What is diversification in investment and why is it important?答案：Diversification refers to the practice of spreading investments across different assets, industries, or geographical regions to reduce risk. By diversifying a portfolio, an investor can decrease the impact of any single investment's performance on the overall portfolio. Different investments may have different risk levels and may react differently to economic or market conditions. Therefore, if one investment performs poorly, other investments in the portfolio may provide a buffer against potential losses. Diversification can help to achieve a more balanced risk-return profile and enhance the potential for long-term investment success.五、翻译题Translate the following sentence into English:中国货币政策的调整对全球金融市场有重要影响。

山西金融专修学院09级金融班第四学期英语期末试题（卷）姓名_____________ 得分_____________第一部分：交际用语（共10小题；每小题1分，满分10分）此部分共有10个未完成的对话，针对每个对话中未完成的部分有4个选项，请从A、B、C、D四个选项中选出可以填入空白处的最佳选项，并将其答案序号填入题中的横线上。

1. ---Could you help me with my physics, please?---_____________.A. No, no way.B. No, I couldn’t.C. No, I can’t.D. Sorry, I can’t. I have to go to a meeting now.2. ---______________---He teaches English in a school.A. What does your father want to do?B. Who is your father?C. What is your father?D. Where is your father now?3. ---Marilyn, I’m afraid I have to be leaving now.---_____________A. That sounds wonderful.B. Oh, so early?C. Not at all.D. Good luck!4. ---How often do you go dancing?---_____________A. I will go dancing tomorrow.B. Y esterday.C. Every other day.D. I’ve been dancing for a year.5. ---Congratulations! Y ou won the first prize in today’s speech contest.---_____________A. Y es, I beat the others.B. No, no, I didn’t do it well.C. Thank you.D. It’s a pleasure.6. ---How about going to dinner at the Mexican restaurant tonight?--- ________________A. Forget it.B. Sorry, I like Mexican food.C. That’s great!D. Glad you like it.7. ---Madam, do all the buses go downtown?---_____________A. Wow, you got the idea.B. No, never mind.C. Pretty well, I guess.D. Sorry, I’m new here.8. ---Hey, Tom, what’s up?---_____________A. Y es, definitely!B. Oh, not much.C. What is happening in your life?D. Y ou are lucky.9. ---Do you mind my smoking here?---_____________A. No, thanks.B. Y es, I do.C. Y es, I’d rather not.D. Good idea.10. ---How are you feeling?---Much better._____________A. Thanks for coming to see me.B. Y ou look great.C. Y ou are so kind.D. Don’t mention it.第二部分：阅读理解（共15小题；每小题2分，满分30分）此部分共有3篇短文，每篇短文后有5个问题。

国际金融学期末分录题及答案英文1、Almost every one of us could see her anxiety from the（）on her face. [单选题] *A. appearanceB. feelingC. movementD. expression(正确答案)2、We have ______ homework today. （）[单选题] *A. too manyB. too much(正确答案)C. much tooD. very much3、Tom sits _______ Mary and Jane. [单选题] *A. amongB. between(正确答案)C. onD. next4、22．Will there ________ any schools in the future? [单选题] *A．isB．areC．amD．be(正确答案)5、My home is about _______ away from the school. [单选题] *A. three hundred metreB. three hundreds metresC. three hundred metres(正确答案)D. three hundreds metre6、Boys and girls, please _______ your favorite book here and show it to us next class. [单选题] *A. bring(正确答案)B. sellC. buyD. take7、The house is well decorated _____ the disarrangement of a few photos. [单选题] *A. exceptB. besidesC. except for(正确答案)D. in addition to8、( ) --------Please take my seat here.-------- __________________________. [单选题]*A. That is nice of you(正确答案)B. I think it is my seatC. No, you sit hereD. I don’t think it’s a good seat.9、By the end of this month, all this _____. [单选题] *A. is changedB．will changeC. will have changed(正确答案)D. has changed10、Tony can _______ the guitar.Now he _______ the guitar. [单选题] *A. play; plays(正确答案)B. playing; playingC. plays; is playingD. play; is playing11、The sun disappeared behind the clouds. [单选题] *A. 出现B. 悬挂C. 盛开D. 消失(正确答案)12、I _______ Zhang Hua in the bookstore last Sunday. [单选题] *A. meetB. meetingC. meetedD. met(正确答案)13、Tom is very _______. He never cleans his room. [单选题] *A. lazy(正确答案)B. activeC. shyD. healthy14、We _____ three major snowstorms so far this winter. [单选题] *A.hadB. haveC. have had(正确答案)D.had had15、The teacher has his students_____a composition every other week. [单选题] *A.to writeB.writtenC.writingD.write(正确答案)16、59．—Can I talk to the manager?—Please wait ________ minute. [单选题] * A．anB．a(正确答案)C．theD．/17、She talks too much; you’ll be glad when you’re free of her. [单选题] *A. 与她自由交谈B. 离开她(正确答案)C. 受她的控制D. 与她在一起18、I have worked all day. I'm so tired that I need _____ . [单选题] *A. a night restB. rest of nightC. a night's rest(正确答案)D. a rest of night19、I paid him 50 dollars for the painting, but its real（）must be about 500 dollars. [单选题] *A. feeB. value(正确答案)C. priceD. fare20、You could hardly imagine _______ amazing the Great Wall was. [单选题] *A. how(正确答案)B. whatC. whyD. where21、These plastics flowers look so_____that many people think they are real. [单选题] *A.beautifulB.artificialC.natural(正确答案)D.similar22、Just use this room for the time being ,and we’ll offer you a larger one _______it becomes available [单选题] *A. as soon as(正确答案)B unless .C as far asD until23、The boy’s mother always _______ him a story before he goes to bed. [单选题] *A. saysB. speaksC. tells(正确答案)D. talks24、—______ do you play basketball?—Twice a week.（）[单选题] *A. How often(正确答案)B. How muchC. How manyD. How long25、—______ pencils are these?—They are Tony’s.（）[单选题] *A. WhatB. WhereC WhoD. Whose(正确答案)26、Her （）for writing was that she wished women to get the right to higher education. [单选题] *A. motivation(正确答案)B. motivateC. effectD. concentration27、I got caught in the rain and my suit____. [单选题] *A. has ruinedB. had ruinedC. has been ruined(正确答案)D. had been ruined28、Nick has always been good _______ finding cheap flights. [单选题] *A. at(正确答案)B. forC. withD. to29、During the Spring Festival, people in Northern China usually eat _______ as a traditional Chinese food. [单选题] *A. pizzaB. dumplings(正确答案)C. hamburgersD. noodles30、Mike and his friend are going to the _______ to see the new action movie tonight. [单选题] *A. book shopB. restaurantC. concertD. cinema(正确答案)。

Please translate the underlined parts of the second paragraph into Chinese.1, 现在，联邦储备体系是一个拥有区域分支银行的机构。

在所有权和控制方面，有政府利益和个人利益的代表组织。

2 ,What is the significance of setting up the regional banks ?In order to maintain a balance between central supervision in Washington and participation of various regions as well as private sector3, What is the most important part in the central bank’s policies?the twin goals of promotion of price stability at home and stimulation of genuine growth of economy.4 Can you use another proper wo rd or term to replace the underlined word “clearing”in the 8 paragraph?Settlement5 According to the text why is independence so important for the central bank?The greater the independence of the central bank the less likely it will become the target of short-term political pressure.Article 21.What are the differences among inflation disinflation and deflationφInflation refers to the rise in prices resulting from an increase in the supply of money credit etc.φDisinflation refers to the lessening of inflation through increasing taxes and reducing money supply.φDeflation refers to the reduction in the amount of money in circulation in an economy in order to lower prices or keep them steady.2.What does the writer think of the present economical situation of the United States ? Why does he think so?The present economic situation is popped asset bubble. Because at present businesses might be only about half way through the pruning of excess investment and there are the excesses of household debt the shortfall of personal saving and a massive current account deficit.3.Which Asian countries determine the price in this areaThe PRC.4.Is deflation a widespread phenomenon in the American continent Why or why notNo.5.What does the sentence “a surprisingly close call with deflation could well bein the cards for the United States at some point over the next couple of years.”Mean?It means that the US will be at the risk of experiencing deflation sometime in the next couple of years.。

对外经济贸易大学2000-2001学年第一学期ENG353《金融英语阅读》期末考试试卷（A）本试卷适用于：全校三年级各专业的学生（99级）学号：姓名：班级：成绩：1.Translate the following financial terms.(20%)1)IDA2)SDR3)IFC4)OECD5)Clipping6)Laissez-faire7)Debasement8)MIGA9)Convertible paper money10)in arrears1)扶贫(工作)2)"大一统"银行系统3)垂直管理体制4)霸权5)金本位制崩溃6)互惠主义7)银根紧缩8)差别价格9)收益差10)空头交易2.Paraphrase the underlined words in English according to the text. (15%)1)The IFC's policy is to favor joint ventures that have some local capital committed at the outset, or at least the probability of local capital involvement in the foreseeable future.2)To date, there have been no defaults on loans made by the World Bank.3)Rugged individualistic liberalism based upon Anglo-Saxon roots knew, rendering their liberal ideology rigid and dogmatic.4)The value of a commodity or token used as money also fluctuates, and when there is inflation, its value persistently falls.5)They put their reputation on the line when they endorse a company's report.3．Please translate the following sentences into either Chinese or English (20%) 1)The "whole earth" approach to political economy--a world view--remains theexception and not the rule. Economists note that their discipline was traditionally called "political economy," the queen of the social sciences dating back at least to Adam Smith's Wealth of Nations, published in 1776.2)Barter can take place only when there is a double coincidence of wants. A doublecoincidence of wants is a situation that occurs when person A wants to buy what person B is selling and person B wants to buy what person A is selling.3)政府对国际贸易中的小汽车和多数其它商品进行调控。

常熟理工学院2012〜2013学年第二学期20XX 级后续课《金融英语》考查试卷（I 卷）试题总分：Part I Listening Comprehension©' 25=50')Section A Short ConversationsListe n carefully and choose the best an swer to the questi on after each conv ersatio n.1. Which of the following is NOT among the four major commercial banks of China?A. Ba nk of China.B. China Co nstruction Ba nk.C. I ndustrial and Commercial Ba nk of Chi na.D. The People's Bank of Chi na.2. Which of the following is NOT mentioned in the dialog?A. China Mercha nts Ban k.B. I ndustrial Ba nk Co., Ltd.C. China Citic Bank.D. Chi na Min she ng Banking Corp. Ltd. 3. What is the man accord ing to the dialog?A. A bank man ager.B. A clerk of a foreig n bank.C. A uni versity stude nt.D. A teacher from a college.4. Which of the followi ng has the right to decide the preside nt of BOC?A. The shareholders.B. The shareholders' meet ing.C. The Board of Directors.D. The Preside nt Office.5. A. The man lost his checkbooks.B. The man lost his passport.C. The man lost his password.D. The man lost his passbook. 6. A. Hous ing loa n.B. Foreig n curre ncy loa n.C. Dollar loa n.D. Credit loa n. 7. A. Jan uary 24. B. February 31. C. Jan uary 25. D. February 26.8. A. Payme nt by dema nd drafts. B. Payme nt by collectio n.C. Payme nt by letters of credit.D. Payme nt by remitta nee. 9. A. To avoid problems aris ing from in flatio n.B. To preve nt possible fraud.C. To avoid problems aris ing from fluctuati ons of excha nge rate.D. To preve nt overdraw ing. 10. A. In spect ion certificate. B. Certificate of origi n. C. In sura nee policy. D. Bill of ladi ng.Section B Long ConversationListe n to the conv ersati on carefully and choose the best an swer to each of the questio ns below.11. Which of the following statements was mentioned in the magazine The Banker?A. BOC ranked the 9th amo ng the world's top 1,000 banks in 2007.B. BOC is one of the four big commercial banks of China.C. The developme nt of BOC is un believable.D. The top man ageme nt of BOC is young and effective. 12. What are the main sect ions un der the top man ageme nt of BOC?A. Corporate banking sect ion and retail banking sect ion.B. Security sect ion and supervisory sect ion.C. Operati onal sect ion and supervisory sect ion.D. Audit ing sect ion and in spect ion secti on. 13. Which do you think is NOT the duty of the supervisory section?A. Audit ing the ban k's acco un ts.B. Han dli ng gen eral affairs.C. Being resp on sible for the security of the ban k..D. Oversee ing the banking operati on. 14. What is the bus in ess scope of the operati onal secti on?A. Banking bus in ess.B. Gen eral bus in ess.C. Support ing bus in ess.D. All items men ti oned above.15. Which of the followi ng is NOT men ti oned among the bus in esses offered by BOC?A. Retail banking.B. Docume ntary letter of credit.C. On li ne banking or e-ba nking.D. Finan cial advisory service. Section C PassagesDirecti ons: In this sect ion, you will hear three short passages. At the end of each passage, you will hear some questi ons. 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. The n mark the corresp onding letter on the ANSWER SHEET with a si ngle line through the cen ter.Passage One16. A. 1992 B. 1993 C. 1994 D. 199517. A. The People's Bank of China. B. China Foreig n Excha nge Tradi ng Cen ter.C. I nter-ba nk Foreig n Excha nge Market.D. The State Admi nistratio n of Foreig n Excha nge.18. A. 1%0.3% C. 0.5% Passage Two19. A. High risk. B. A type of credit product. 20. A. Collateral loan. B. Educati on loa n.21. A.1952 B.1958 D. 0.4% C. High in terest. D . A ki nd of revolvi ng loa n C. Mortgage loa n. D . Commercial loa n. C.1962 D . 1968C. Public con fide nce in the in surers rema ined low.D. A rise in Tokyo stock helped improve the bala nce sheets of life in surers.Part II. Reading Comprehension (30 ')Section A (1 '*10=10 ')Directions: Each of the following sentences is provided with four choices. Choose the one that best completes the sentence.26. Although the compa ny showed a profit, the bala nce sheet looks in creas in gly .A. brightB. dimC. shallowD. fragile 27. _ money refers to curre ncy issued on the basis of ban k's credit in stead of gold reserve. A. Fair B. Fiduciary C. FixedD. Deposit 28. In creased flows of world capital inten sify finan cial competiti on among n ati ons. This trend places pressures on n ati onal gover nment to their domestic markets and liberalize intern ati onal capital moveme nts.A. removeB. settleC. deregulateD. con trol 29. Many finan cial tran sacti ons are _ sheet items such as in terest rate swaps and are not clearly ide ntified through the usual report ingcha nn els.A. zeroB. capitalC. off-bala nceD. major30. The ban kers _ the steel compa ny's new shares, which means the share issue will be sold to the ban kers in stead of the public directly. A. un derwrite B. un dercharge C. un dertakeD. un derestimate 31. With no in terest rate _ on deposits or restrict ions on maturities, banks can offer any deposit product customers dema nd. A. cutB. ceili ngsC. dema ndD. con tract 32. From ban k's perspective, liabilities have become more in terest elastic, so that small rate cha nges can produce large fluctuati ons in bala nces.A. outsta ndingB. outreach ingC. rema iningD. dema nding33. Checks are attractive because they are readily accepted and provide formal _______________ of payment. A. credit B. verificati onC. clarityD. collectio n 34. Normally, ____ capital loans are secured by accounts receivable or by pledges of inventory and carry a floating interest rate on theamounts actually borrowed aga inst the approved credit line.A. curre ntB. stockC. work ingD. Ion g-term35. Dealers in gover nment and private securities n eed short-term financing to purchase new securities and carry their exist ing portfolios ofsecurities un til those securities are sold to customers or reach ________ .A. bus in essB. marketsC. maturityD. objectiveSection B (2*10=20 * Directi ons: Read the passages and choose the right an swer for each questio n.Passage 1Text ?36. How many types of banks or banking in stitutio ns are men ti oned in the lecture?A. 5.B. 4.C. 52.D. 183.37. Which of the follow ing is NOT a join t-equity commercial bank? A. China Min she ng Ba nki ng Corp. Ltd. B. Bank of East Asia.C. China Citic Bank.D. Bank of Commun icati ons.38. How many bran ches and sub-bra nches have foreig n banks set up in China accord ing to the speaker?A. 264.B. 177.C. 183.D. 235. 39. Which of the follow ing was once ran ked amon gst the top three stron gest banks in Chin a's mainland?A. Chi na In dustrial Ba nk.B. Ba nk of East Asia.C. China Mercha nts Ba nk.D. Sha nghai Pudo ng Developme nt Ban k.40. Which of the following is a wholly foreign-owned bank?A. Chi na Min she ng Ba nki ng Corp., Ltd.B. Chi na Citic Bank.C. Hong Kong & Shan ghai Banking Corporati on Limited.D. China Export & Import Bank.Passage 2Liabilities are "outsider claims ” , whiche economic obligations, debts payable to outsiders. These outside parties are called creditors.Financial statement users such as creditors are interested in the due dates of an entity's liabilities. The sooner a liability must be paid, the more curre nt it is. Liabilities that must be paid on the earliest future date create the greatest stra in on cash. Therefore, the bala nce sheet lists liabilities in the order in which they are due. Knowing how many of a bus in ess's liabilities are curre nt and how many are Ion g-term helps creditors assess the likelihood of collecting from the entity. Balance sheets usually have at least two liability classifications: current liabilities and Iong-term liabilities.Current liabilities are debts that are due to be paid with in one year or with the en tity's operati ng cycle. Notes payable due with in one year, salary 22. A. It is a ki nd of short-term loa n.C. It is supposed to pay back at one time.Passage Three23. A. A rise in Tokyo stock.B. It is also called bridge loa n. D. Its maturity exceeds five years.C. Negative spread.24. A. Rise. B. Fall. 25. A. The value of outsta nding policies went dow n. B. Japa n's life in sura nee firms. D. Japa nese life in surers' difficult situati on.C. Rema in un cha nged.D. Not sure. B. Life in surers' n egative spreads ten ded to grow small.payable, unearned reve nue, and in terest payable owed on no tes payable are curre nt liabilities.Long-term liabilities are those liabilities other than current ones.41. The liabilities are classified as current or Iong-term liabilities according to _ .A. the liquidity of the liabilityB. the future date when the liability must be paidC. the operati ng cycleD. one year42. Liabilities are __ .A. money borrowed from banksB. money received from creditorsC. "outsider claims ” which are economic obligations, debts payable to outsidersD. notes receivable43. Which of the followi ng is current liability?A. cashB. inventoryC. salary payableD. money from the bank44. Which of the following is Iong-term liability?A. debt payable due with 10 yearsB. inven toryC. unearned revenueD. note payable due withi n 6 mon ths45. For a note payable to be paid in in stallme nts with in 5 years, which of the follow ing stateme nts is correct?A. The first installment due within one year is a current liability.B. The first installment due within one year is a Iong-term liability.C. All the in stallme nts due are Ion g-term liabilities.D. All the in stallme nts due are curre nt liabilities.Part ill. Translation (2‘ *=10')Part IV. Writing (10 ')Directions: You are asked to write a report on Bank of China with 120 words to make the brief introduction of BOC s orga ni zati ons and developme nt.。

Chapter 1Tangible Assets有形资产Intangible Assets 无形资产Issuer 发行人Investor 投资者Equity Instrument (or Residual claims) 权益工具（也称剩余索取权）Fixed-income instruments 固定收益证券Purchasing power risk( or inflation risk) 购买力风险（也是通货膨胀风险）Default(or credit risk) 违约风险（信用风险）Foreign-exchange risk 外汇风险Spot market or cash market 即期市场（现货市场）Price discovery process价格发现过程Liquidity 流动性Search costs 搜寻成本Debt market vs. equity market 债券市场股票市场Money market vs. capital market 货币市场资本市场Primary vs. secondary market 一级市场二级市场Cash or spot market vs. derivatives market 现货市场衍生品市场Auction market vs. over-the-counter market vs. intermediated market 拍卖市场场外交易市场中间市场Internal Market(also called national market)内部市场（国民市场）External Market(also called international market, offshore market, and Euromarket) 外部市场Retail investors 小额投资者Institutional investors 机构投资者derivative instrument 衍生工具futures/forward contracts远期合约Options contracts期权合约Call option 看涨期权Put option 看跌期权Disclosure regulation 信息披露监管Financial activity regulation 金融行为监管Regulation of financial institutions 金融机构监管Regulation of foreign participants 外国参与者的监管Banking and monetary regulation 银行与货币监管Asymmetric information 信息不对称Agency problem 代理问题Arbitrage 套利Competitive market 竞争市场Debt instrument 债务工具Market failure 市场失灵Global competition has forced government to deregulate various aspects of their financial markets so that their financial enterprises can compete effectively around the world.全球金融的竞争迫使政府在其金融市场的不同方面放松管制，使其金融市场在全球更具竞争力。

金融英语听说期末考试试题# 金融英语听说期末考试试题## Part I: Listening Comprehension (听力理解)### Section A: Short Conversations (短对话)1. What is the man likely to do next?- A. Deposit money in the bank.- B. Withdraw money from his account.- C. Apply for a loan.- D. Close his bank account.2. What does the woman mean by saying "I'm all cashed up"? - A. She has a lot of cash on hand.- B. She is financially stable.- C. She is out of cash.- D. She is going to the cash machine.### Section B: Long Conversations (长对话)Listen to the conversation between a bank manager and a customer discussing a new investment opportunity. Choose the best answer to each question.3. Why is the customer interested in the investment?- A. High returns.- B. Low risk.- C. Tax benefits.- D. All of the above.4. What is the minimum investment required?- A. $10,000.- B. $20,000.- C. $30,000.- D. $50,000.### Section C: Passages (短文)Listen to the following passage about the impact oftechnology on the financial industry and answer the questions.5. What is the main topic of the passage?- A. The history of financial technology.- B. The benefits of financial technology.- C. The challenges of financial technology.- D. The future of financial technology.6. What does the speaker suggest about the future of banking? - A. It will be completely automated.- B. It will require more human interaction.- C. It will disappear completely.- D. It will merge with other industries.## Part II: Speaking (口语)### Section A: Picture Description (图片描述)Look at the picture showing a busy stock exchange. Describewhat you see and explain the importance of the stock exchange in the financial system.### Section B: Role Play (角色扮演)You are a financial advisor. Your client is considering investing in a start-up company. Discuss the potential risks and benefits of this investment.### Section C: Presentation (演讲)Prepare a short presentation on the topic of "The Role of English in International Finance." Discuss why English is important in the global financial community and provide examples.## Part III: Reading Comprehension (阅读理解)Read the following text about international trade and answer the questions.### Text: International Trade and Currency Exchange7. What is the primary purpose of currency exchange in international trade?- A. To facilitate the buying and selling of goods.- B. To protect domestic industries.- C. To regulate the flow of capital.- D. To control inflation.8. How does a strong domestic currency affect internationaltrade?- A. It makes imports cheaper.- B. It makes exports more expensive.- C. It encourages domestic production.- D. It discourages foreign investment.### Section B: Critical Reading (批判性阅读)Read the article about the recent economic downturn and its impact on the financial markets. Then, answer the following question.9. According to the article, what is the most significant impact of the economic downturn on the financial markets?- A. A decrease in consumer spending.- B. A rise in unemployment rates.- C. A drop in stock market values.- D. An increase in government regulations.## Part IV: Writing (写作)### Section A: Summary Writing (摘要写作)Summarize the main points of the article about economic downturn in no more than 100 words.### Section B: Essay Writing (论文写作)Write an essay discussing the role of financial literacy in personal finance management. Your essay should be at least 300 words long and include an introduction, body paragraphs,and a conclusion.请注意，以上内容仅为示例，实际考试内容可能会有所不同。

新编金融英语主编刘文国期末考试题库1、Don’t talk _______. Your grandmother is sleeping now. [单选题] *A. happilyB. nearlyC. loudly(正确答案)D. hardly2、How many subjects are you _______ this year? [单选题] *A. takesB. takeC. taking(正确答案)D. took3、Is there ____ for one more in the car? [单选题] *A. seatB. situationC. positionD. room(正确答案)4、He has two sisters but I have not _____. [单选题] *A. noneB. someC. onesD. any(正确答案)5、--Do you have a _______?--Yes, I _______ at a clothes store. [单选题] *A. work; workB. work; jobC. job; jobD. job; work(正确答案)6、The story has _______ a lot of students in our class. [单选题] *A. attracted(正确答案)B. attackedC. appearedD. argued7、The strawberries ______ fresh. Can I taste (品尝) one?（）[单选题] *A. watchB. tasteC. soundD. look(正确答案)8、The organization came into being in 1 [单选题] *A. 开始策划B. 进行改组C. 解散D. 成立于(正确答案)9、There ______ a football match and a concert this weekend.（）[单选题] *A. isB. haveC. will be(正确答案)D. will have10、77．You can watch TV when you finish________ your homework. [单选题] * A．to doB．doC．to doingD．doing(正确答案)11、I’m looking forward to hearing from you _______. [单选题] *A. recentlyB. soon(正确答案)C. quicklyD. fast12、—______some nice crayons. I think they are ______.（）[单选题] *A. Here is; Betty’sB. Here are; BettyC. Here is; BettyD. Here are; Betty’s(正确答案)13、15．This kind of bread is terrible. I do not want to eat it ________. [单选题] * A．any more(正确答案)B．some moreC．no longerD．some longer14、It’s raining outside. Take an _______ with you. [单选题] *A. cashB. life ringC. cameraD. umbrella(正确答案)15、We _____ three major snowstorms so far this winter. [单选题] *A.hadB. haveC. have had(正确答案)D.had had16、Catherine has two cousins. One is quiet, and _______ is noisy. [单选题] *A. anotherB. the other(正确答案)C. othersD. other17、-----How can I apply for an online course?------Just fill out this form and we _____ what we can do for you. [单选题] *A. seeB. are seeingC. have seenD. will see(正确答案)18、90．—I want to go to different places, but I don’t know the ________. —A map is helpful,I think. [单选题] *A．price(正确答案)B．timeC．wayD．ticket19、The man lost his camera and he ______ it now.（）[单选题] *A. foundB. is findingC. is looking forD. looks for(正确答案)20、In winter, animals have a hard time_____anything to eat. [单选题] *A.to findB.finding(正确答案)C.foundD.to finding21、Actually, we don't know whether this news comes from a reliable（）or not. [单选题] *A. source(正确答案)B. originC. basisD. base22、______ visitors came to take photos of Hongyandong during the holiday. [单选题] *A. ThousandB. Thousand ofC. ThousandsD. Thousands of(正确答案)23、82．—Is there a bookshop near here?—Yes. Walk ________ the road for five minutes and you'll see one near a big tree. [单选题] *A．toB．along(正确答案)C．ofD．about24、You wouldn' t have caught such ____ bad cold if you hadn' t been caught in ____?rain. [单选题] *A. a, /B. a, aC. a,the(正确答案)D. /, /25、Sometimes Americans are said to be _____. [单选题] *A superficially friendB superficial friendC. superficial friendlyD. superficially friendly(正确答案)26、Tom is ____ honest man, so we all like to work with him. [单选题] *A. aB. an(正确答案)C. /D. any27、73．The moonlight goes ____ the window and makes the room bright. [单选题] * A．acrossB．through(正确答案)C．overD．in28、She is _______, but she looks young. [单选题] *A. in her fifties(正确答案)B. at her fiftyC. in her fiftyD. at her fifties29、You wouldn't have seen her if it _____ not been for him . [单选题] *A. hasB. had(正确答案)C. haveD．is having30、It is my _______ to meet you here. [单选题] *A. pleasure(正确答案)B. pleaseC. pleasedD. pleasant。

货币金融全英期末试卷试卷1.名词解释：1．Recession:It is declining aggregate output in a period of business cycle in the economic operations.2. Interest rateIt is the cost of borrowing or the price paid for the rental funds.3. Money marketThe money market is a financial market in which only short-run debt instruments are traded.4. Capital marketIt is the market in which long-term debt and equity instruments are traded.5. DefaultA situation in which the party issuing the debt instrument is unable to make interest payments or pay off the amount owed when the instrument matures.6. CurrencyCurrency in the real money used in everyday life that including paper money and coins.7. LiquidityAn asset can be converted into a medium of exchange with relative ease, speed and no losses.8. Leverage ratioBank capital requirements take two forms, first type is base on the leverage ratio, the amount of capital divided by the bank’s total assets.9. DisintermediationThis loss of deposit from banking system restricted the amount of funds that banks could lend and thus limited bank profits.10. Multiple deposit creationWhen the Central Bank supplies the banking system with $1 of additional reserves ,deposits increase by a multiple of this amount, we could call this process as multiple deposit creation.4. 计算题：A卷：1．If we know required reserves rate =0.10, C=280 billion, D=800 billion, ER=40 billion, please calculate(1)c, e , m, RR, R and MB;(2) If central bank reduce the required reserve rate of the checkable deposit to 0.08, monetary base, c and e remain constantly, please calculate m, M, D, C, RR and ER.Answer:(1) c=280/800=0.35 e=40/800=0.05m=1.35/0.5=2.7 RR=r*D=0.1*800=80 bR=RR+ER=120b MB=C+R=280+120=400b 5分(2)m=1.35/0.48=2.8125 M=400/2.8125=1125bM=C+D=c*D+D=(1+c)*D=1.35D D=1125/1.35=833.33bC=c*D=0.35*833.33=291.67b RR=0.08*833.33=66.67bER=400-66.67-291.67=41.67b 5分2. A coupon bond makes annual interest payments of $10. This bond’s face (o r par) value of $1,000. The maturity is 2 years.REQUIRED:Calculate the price of bond if the yield to maturity:(i) Drops to 6 percent;(ii) Rises to 10 percentAnswer:（1）过程3分871.66 2分（2）过程3分809.09 2分B卷:1．If we know required reserves rate =0.10, C=300 billion, D=1000 billion, ER=80 billion, please calculate (1)c, e , m, RR, R and MB;(2) If central bank reduce the required reserve rate of the checkable deposit to0.09, monetary base, c and e remain constantly, please calculate m, M, D, C, RR and ER.Answer:(1) c=300/1000=0.3 e=80/1000=0.08m=1.3/0.48=2.71 RR=r*D=0.1*1000=1000bR=RR+ER=180b MB=C+R=300+180=480b 5分(2)m=1.3/0.47=2.77 M=m*MB=1300bM=C+D=c*D+D=(1+c)*D=1.3D D=1300/1.3=1000bC=c*D=0.3*1000b=300b RR=0.09*1000=90bER=180-90=90b 5分2. Suppose there is a coupon bond with face value $1000. It pays 100 per year and it has 3-year maturity. The market interest rate is 10%.REQUIRED:(i)What is the price you buy this bond?(ii)You hold this bond for a year and then sell it. At this time the market interest rate decreases to 5%. What is the return rate?Answer:(i)$1000 (4分) (ii)Price=1093 (3分) Return rate=9.3%简答题：A卷：1.If the Fed sells $10 million of bonds to the 1st bank, and adepositor of firstbank transfer her $1 million to the 2nd bank. A depositor of 2nd closes hisaccount by withdrawing $2 million. Use T-accounts to explain whathappened.Answer:Sell bond 4分(2 marks per account) Transfer fund 5分(2.5 marks per account) Close account 6分(2 marks per account)2.In a recession, a country faces problems of low aggregate output and highunemployment. The government desires to accelerate the growth of economy.However, the government also suffers the budget deficit and debt cap. What should the government stimulate the growth of economy? (Fiscal policy?Monetary policy? Or both?) Which tools should the central bank use to deal with? How to use each tool? Please explain the process each tool?Answer:Monetary policy (1 mark)Because the government suffers the budget deficit and debt cap, it can not expand the government expenditure, no matter by government revenue orexpanding debt size. (2 marks)Open market operation (1 marks)The central bank buys government securities. Both banks and nonbank public may sell their government securities, which leads both reserves and currency in circulation increase. Because monetary base includes reserves and currency, it will increase too.Finally, the aggregate money supply increases. (3 marks if the logic chain is given, otherwise 1 mark)Discount policy (1 marks)The central bank decrease discount rate, which leads the expense/cost of borrowing from the central bank decrease. Banks may borrow more from thecentral bank, which causes the reserves increase. Because monetary base includes reserves, it will increase too. Finally, the aggregate money supply increases. (3 marks if the logic chain is given, otherwise 1 mark)Reserve requirement (1 marks)The central bank decrease required reserve rate, which leads the capacity of multiple deposit creation increase. The money multiplier will increase. Finally, theaggregate money supply increases. (3 marks if the logic chain is given, otherwise1 mark)B卷:1.Talking about bank capital Required:a.How to measure a bank’s profitabilityb.What is the relation between banks’ capital and profitabilityc.How to balance safety and returns to equity holdersAnswer:a. ROA 3分b. ROE 3分c.ROE= ROA *EM Or given the return on assets, the lower the bank capital, the higher the return for the owners of the bank 4分d.Expected in expansion, high leveraged 2.5分Expected in recession, low leveraged…………………………2.5分2.Please talking about the basic tools of monetary policy and the monetary transmission mechanisms.Answer:Required ReservesAdvantages: Powerful effectDisadvantages:Small changes have very large effect on M sRaising causes liquidity problems for banksFrequent changes cause uncertainty for banksTax on banks 3分Discount LoansAdvantages :Announcement EffectCentral bank is passive 3分Open Market OperationFed has complete controlFlexible and preciseEasily reversedImplemented quickly 3分传导机制3分机动3分论述题1．If the Fed sells $10 million of bonds to the 1st bank, and a depositor of first bank transfer her $1 million to the 2nd bank.A depositor of 2nd closes his account by withdrawing $2 million. Use T-accounts to explain what happened.2．Talking about Friedman’s Quantity Theory（劳A）计算题2：1．If we know required reserves rate =0.10, C=280 billion,D=800 billion, ER=40 billion, please calculate (1)c, e , m, RR, R and MB;(2) If central bank reduce the required reserve rate of the checkable deposit to 0.08, monetary base remain constantly, please calculate m, M, D, C, RR and ER.2．A bond makes semiannual (half year) interest payments of $10. This bond’s face (or par) value of $1,000. The maturity is 2 years.REQUIRED:Calculate the price of bond if the yield to maturity:(i) Drops to 6 percent;(ii) Rises to 10 percent3．(1)For the fix payment 100$ per year consol, yield to maturity in the first of year is 10%,the end of the year is 5%.calculate return rate of the bond.(2)There is a coupon bond 2 year remained to maturity date. Its coupon rate is 10%, sold at par, if the first of year's yield to maturity is 10%,the end of year's 5%.calculate the bond's return rate.(3)Which bond is better worth to invest?。

金融英语试题及答案一、选择题（每题2分，共20分）1. Which of the following is NOT a type of financial instrument?A. StocksB. BondsC. DerivativesD. Real estate答案：D2. What is the term used to describe the process of converting interest into capital?A. AmortizationB. CompoundingC. DiscountingD. Accrual答案：D3. In finance, what is the term for the risk that an investor faces due to changes in interest rates?A. Credit riskB. Market riskC. Interest rate riskD. Operational risk答案：C4. Which of the following is NOT a function of a central bank?A. Monetary policy implementationB. Financial regulationC. Currency issuanceD. Stock trading答案：D5. What is the term for the practice of borrowing in a foreign currency to take advantage of lower interest rates?A. ArbitrageB. HedgingD. Carry trade答案：D6. What is the term for a financial contract that obligates the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price?A. Forward contractB. Futures contractC. Options contractD. Swap contract答案：A7. What is the term used to describe the process of evaluating an investment based on its risk and potential return?A. Portfolio managementB. Risk assessmentC. Due diligenceD. Valuation8. What is the term for the difference between the bid and ask prices of a financial instrument?A. SpreadB. YieldC. DiscountD. Margin答案：A9. In finance, what is the term for the risk that a borrower will default on a loan?A. Liquidity riskB. Credit riskC. Market riskD. Interest rate risk答案：B10. What is the term for a financial institution that provides loans and other financial services to individuals and businesses?A. Investment bankB. Commercial bankC. Insurance companyD. Hedge fund答案：B二、填空题（每题2分，共20分）11. The process of converting future cash flows into their present value is known as ________.答案：Discounting12. A ________ is a financial institution that accepts deposits and channels those deposits into lending activities.答案：Bank13. The ________ is the risk that an asset's value will decrease due to a change in the market or economic conditions.答案：Market risk14. A ________ is a financial instrument that represents an ownership position in a corporation.答案：Stock15. The ________ is the process of determining the value of an asset or security by using financial models.答案：Valuation16. A ________ is a financial instrument that represents a creditor relationship with a financial organization.答案：Bond17. The ________ is the risk that a financial institution will not be able to meet its short-term obligations.答案：Liquidity risk18. A ________ is a financial instrument that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price.答案：Option19. The ________ is the risk that a financial institution will not be able to meet its long-term obligations.答案：Solvency risk20. A ________ is a financial institution that provides services such as underwriting or acting as a client's agent in the issuance of securities.答案：Investment bank三、简答题（每题10分，共40分）21. Explain the concept of "leverage" in finance.答案：Leverage in finance refers to the use of borrowed funds to increase the potential return of an investment. It is the process of using various financial instruments or borrowed capital to increase the potential return of an investment. However, leverage also increases the risk of loss if the investment's value declines.22. What are the main differences between a commercial bank and an investment bank?答案：A commercial bank primarily deals with retail banking services such as accepting deposits, providing loans, and offering basic financial services to individuals and businesses. An investment bank, on the other hand, focuses on services like securities underwriting, mergers and acquisitions advice, and other capital market activities. Investment banks are typically involved in more complex financial transactions and services related to corporate finance.23. Describe the role of a central bank in an economy.答案：A central bank plays a crucial role in an economy by implementing monetary policy, regulating financial institutions, issuing currency, and maintaining the stability of the financial system. It also acts as a lender of last resort to banks and other financial institutions, and it oversees the payment systems within the country.24. What is the purpose of financial regulation, and why is it important?答案：The purpose of financial regulation is to ensure the stability, integrity, and efficiency of financial markets while protectingconsumers and investors. It is important because it helps to prevent financial crises, maintain confidence in the financial system, and promote economic growth by reducing the risk of fraud, market manipulation, and other unethical practices.四、论述题（每题20分，共20分）25. Discuss the importance of risk management in financial institutions and how it can be implemented.答案：Risk management is crucial in financial institutions as it helps to identify, assess, and mitigate potential risks that could lead to financial losses. It involves the use of various tools and strategies such as diversification, hedging, and stress testing to manage risks effectively. Implementing risk management involves setting up a robust framework that includes risk identification, risk assessment, risk control, and monitoring and reporting. This ensures that financial institutions can operate within acceptable risk parameters and maintain their financial health and stability.。

第一课II. Translate the terms.1. credit union 参考答案信用协会2. savings account：参考答案储蓄账户3. portfolio：参考答案资产组合4. mortgage：参考答案不动产抵押贷款5. ATM：参考答案自动提款机6. debt consolidation：参考答案债务重整7. 支票账户：参考答案checking account8. 存款：参考答案deposit (savings)9. 资产：参考答案asset10. 信用卡：参考答案credit cardIII.Translate the following sentences into English:1. 金融中介使小额储户和借款人能得益于金融市场的存在，因此提高了经济效率。

参考答案Financial intermediaries allow small savers and borrowers to benefit from theexistence of financial markets, thereby increasing the efficiency of the economy.2. 一些经济学家认为，发展中国家经济发展缓慢的原因之一是他们不具备发达的金融市场。

参考答案Some economists think that one of the reasons that economies in developingcountries grow so slowly is that they do not have well-developed financial markets.3. 你把钱存入支票账户，在需要付款或获取现金时你可以开支票。

参考答案You deposit money into a checking account and then write checks when you need to pay for something or get cash.4. 储蓄账户是一种安全、方便的存款方式。

《金融服务英语》期末考试试卷附答案一、名词解释（每小题10分，共40分）1、Financial market（金融市场）2、Primary markets（一级市场）3、liquidity（流动性）4、Stocks（股票）二、简答（每小题20分，共60分）1、Risk of Trading Futures Contracts.2、The Fed can use three monetary policy tools to either increase or decrease the money supply:3、What are the characteristics of corporate bonds?金融服务英语参考答案：一、名词解释（每小题10分，共40分）1、Financial market（金融市场）is a market in which financial assets (securities) such as stocks and bonds can be purchased or sold.2、Primary markets（一级市场）facilitate the issuance of new securities. The issuance of new corporate stock or new treasury securities is a primary market transaction.3、liquidity（流动性）, which is the degree to which securities can easily be liquidated (sold) without a loss of value.4、Stocks（股票）(also referred to as equity securities股权类证券) are certificates representing partial ownership in the corporations that issued them. They are classified as capital market securities.二、简答（每小题20分，共60分）1、Risk of Trading Futures Contracts1）Market risk: refers to fluctuations in the value of the instrument as a result of market conditions. (wrong expectation)2）Basis risk: the position being hedged by the futures contracts is not affected in the same manner as the instrument underlying the futures contract.3）Liquidity risk: refers to potential price distortions due to a lack of liquidity. (no traders) 4）Credit risk: is the risk that a loss will occur because a counterparty defaults on the contract.5）Prepayment risk: refers to the possibility that the assets to be hedged may be prepaid earlier than their designated maturity.6）Operational risk: is the risk of losses as a result of inadequate management or controls.2、The Fed can use three monetary policy tools to either increase or decrease the money supply:1）Open market operations2）Adjustments in the discount rate3）Adjustments in the reserve requirement ratio3、What are the characteristics of corporate bonds?（1）The bond indenture, trustee（2）Sinking-Fund Provision(偿债基金准备)（3）Protective Covenants(保护条款)。

Ⅰ. translations（每小题2分，共30分）1. central bank2. payment and settlement services3. invite bid4. market maker5. IOU6. derivative investments7. gold exchange standard8. fiat money 9. letters of credit 10.cash position11.国际收支 2.改革开放13.软贷款14.货币替代15.浮动利率贷款1.中央银行2.支付清算服务3.招标4.做市商5.欠条6.衍生工具7.金汇兑本位制8.法币9.信用证10.现金头寸11.balance of payment 12.reform and opening-up 13.soft loan 14.currency substitution 15.floating rate lendingⅡ.Multiple choices.(每小题2分，共10分)1.The price in the foreign exchange market is called __B____.A. the trade surplusB. the exchange rateC. the money priceD. the currency rate2. Which of the following statements is not true of central banks? _D____A. They pay the government's salariesB. They always undertake the regulation of the banking systemC. They are always the lender of last resortD. None of the above3. The main liability on a bank balance sheet is _A____.A. depositsB. capital and reservesC. loans and overdraftsD. cash4. Market risk refers to the risk of__A_.A. financial prices fluctuationsB. defaultC. fraudD. deferred payments5. A refers to refuse to discharge a debt or an obligation.A. debt defaultB. debt reschedulingC. debtorD. creditⅢ.Read the following passages and choose the one best answer to each of the questions.（每小题2分，共20分）Passage oneNorth China’s Tianjin Municipality(直辖市) has started a ―Blue Sky Project‖ to control the air pollution. Under the project requirements, the air quality in Tianjin is expected to measure up to the national standard by 2007, when two thirds of days in the year will enjoy fairly good or excellent air quality. In order to achieve the goal, Tianjin will take a series of measures such as controlling the use of coal, reducing the dust floating from construction sites, planting trees along the major streets, and replacing petrol with liquid natural gas as the fuel for vehicles. Since people paid little attention to the environmental protection, the air quality in Tianjin has worsened during the past decade. The project has received wide praise and support from the natives. The newly-discovered ―Great Wall‖ in south China’s Hunan ProvincNE-HEe will open to visitors in the near future. ―We will try to make it an internationally famous attraction for tourists, ‖ said Y uan Xinhua, director of the Hunan Provincial Tourism Administration. The main part of the 190-km ―Southern China Great Wall‖ is located in Fenghuang County in western Hunan. Built during the Ming Dynasty(1368—1644)by the local Miao minority people, the Southern China Great Wall is 2.3 m high and 1.7 m wide.The Chinese have been enjoying themselves by sightseeing or traveling during the Spring Festival this year rather than engaging in the traditional gathering of relatives and friends at home. In the past five days, over 200 000 Beijingers spent the one-week Spring Festival holiday shopping in Tianjin. Low prices of consumer goods and the convenient railway service enable Beijingers to visit the neighboring city during the day. Meanwhile unlike previous years, an increasing number of Tianjiners went to Beijing during the Spring Festival to visit places of interest in the capital. Tourism had been heating up in the last few years. An increase in income and longer holidays have made it possible for Chinese to relax after a year of work.1. If ―Blue Sky Project‖ is completed __B___.A. there will be no air pollution in TianjinB. the natives can enjoy good air quality most of the yearC. liquid natural gas will have taken the place of coal and petroD. people will pay less attention to environmental protection2. According to Mr. Yuan from Hunan, the opening of the Southern China Great Wall is a good way to __D__.A. rebuild the wallB. help local Miao minority peopleC. discover the historyD. arouse foreigners’ interest3. The Chinese would like to go sightseeing or travel during the Spring Festival this year mainly because _D____.A. prices are higher in their native placesB. railway service is getting better and betterC. they are tired of meeting relatives and friends at homeD. they have longer holidays and more money4.what does this article mainly talk about? CA. environmental problems solved by governmentsB. changes in Chinese traveling conceptC. some local governmental construction projectsD. relation of environment and tourism5. According to the author, what is the main function of ―Blue Sky Project‖? AA. to improve environmentB. to make people take more attention on environmentC. to stimulate tourismD. to spend the one-week Spring Festival holiday shopping in TianjinPassage TwoWhat determines the rate of exchange between currencies will be examined later in this booklet, but first it is useful to consider the mechanics of international transactions. To enable a UK importer to pay his American supplier, for example, the facilities of two or more banks are used, firstly in handling the often complex documentation and secondly, through the foreign exchange market, in obtaining the currency required. At one time payments to and from other countries were made by bills of exchange ; hence in part the term ‖exchange rate‖, which was maintained even though other methods of payment have largely superseded the bill of exchange. The British importer will probably need to pay his American supplier in dollars and his British bank can offer him several alternative methods of settlement. It can provide him with a banker’s draft drawn in dollars. The bank is able to do this because it will have an account with another bank (called a correspondent bank) in an American city and it simply issues a dollar cheque or draft drawn on that account. The British importer can then send this draft by airmail to the supplier.Since there is a danger that the draft may be lost or fall into the wrong hands, the safer and more normal method would be for the British bank to arrange for payment by mail transfer. Instructions are sent by airmail to the correspondent bank in the British bank’s dollar account. This mail transfer system is very flexible since the instructions for payment can be varied or elaborated to suit practically every kind of requirement.6. How many methods of settlement are mentioned in this passage when the British importer needs dollar to pay his American supplier? BA. TwoB. ThreeC. OneD. Several7. Why is the British bank able to offer its customer a banker’s draft drawn in dollar? CA. Its US correspondent bank prefers to make the payment.B. It will send dollar in cash by airmailC. It has a dollar account with another bank in an American city where the beneficiary lives.D. Its customer has a dollar account with it.8. What will the correspondent bank do in the settlement according to this passage? AA. It will make payment in dollars against the banker’s draft.B. It will send the draft to the bank in Britain.C. It will issue a documentary credit.D. It will have an agreement with the bank mentioned.9. What is the safer and more normal method for the importer’s bank to effect the settlement? BA. To issue a banker’s draft.B. To arrange for payment by mail transfer.C. To make the payment to its correspondent bank.D. To ask the importer to pay the money on his dollar account.10. Who is the ―recipient‖ in the settlement? DA. the correspondent bankB. the British bankC. the British importerD. the American supplierⅣ. Answer questions.（每小题10分，共20分）1．what are the basic functions of the PBC according to the central bank law? And please list three or more particular functions.2. What is money? And what are functions of money?Ⅳ. answer some questions.（每小题10分，共20分）1. The central bank law provides that PBC’s basic functions are to conduct monetary policy and supervise the financial system under the leadership of the State Council. For example, it shall formulate and implement monetary policy; issue Renminbi and regulate its circulation; act as fiscal agent, etc.2. Money is any commodity or token that is generally acceptable as a means of payment for goods and services. Money has four functions: medium of exchange; unit of account; store of value; standard of deferred payment. Ⅴ.Translations.(本题共5小题，共20分)1．Under the all-in-one monopolistic banking system,which lasted until 1978, PBC engaged in both central banking and commercial banking operations.2. Many companies are suppliers to borrowers in group-financed projects, and these borrowers spend billions of dollars each year buying goods and services from businesses.3.As well as claims there are also derivative instruments-contracts relating to the prices of securities, interest rates or foreign exchange rates at some date in the future.4. Another reason foreigners accepted so many US dollars was that these dollars provided liquidity to support world trade and investment, which grew rapidly in the post-world war Ⅱ.5. Most important among these changes was that the supply and composition of international liquidity became endogenously determined, that is, the international monetary system was based on a fiat system and departed from a commodity standard.Ⅴ.Translate the English into Chinese.(每小题4分，共20分)1.我国商业银行基本上是“大一统”的垄断体制，中国人民银行既行驶中央银行的职能，又办理商业银行业务。

金融英语期末试题及答案一、选择题（每题2分，共20分）1. Which of the following is not a type of financial instrument?A. StockB. BondC. DerivativeD. Real estate2. The term "Bull Market" refers to a market condition where:A. Prices are fallingB. Prices are stableC. Prices are risingD. There is no trading activity3. In finance, what does the acronym "IPO" stand for?A. Initial Public OfferingB. International Private OfferingC. Inflation Protection OptionD. Interest Payment Option4. What is the primary role of a central bank?A. To manage the national economyB. To provide banking services to individualsC. To regulate the money supply and interest ratesD. To sell financial products to the public5. The risk associated with the potential changes in exchangerates is known as:A. Market riskB. Credit riskC. Liquidity riskD. Currency risk6. What does "leverage" mean in the context of finance?A. The use of borrowed money to increase the potential return of an investmentB. The process of buying and selling securitiesC. The ability to influence the marketD. The amount of capital a company has7. A "futures contract" is an agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future. What is the main purpose of futures trading?A. To speculate on price movementsB. To provide a means of transferring riskC. To invest in commoditiesD. To earn interest on investments8. In finance, "beta" is a measure of:A. The volatility of a security or a portfolio in comparison to the market as a wholeB. The amount of risk a security or a portfolio carriesC. The market capitalization of a companyD. The rate of return on an investment9. Which of the following is a type of investment strategy?A. DiversificationB. ArbitrageC. HedgingD. All of the above10. The term "blue chip" is used to describe:A. A company with a high market capitalizationB. A company that is financially stable and has a history of reliable performanceC. A company that is new to the stock marketD. A company that is involved in high-risk ventures二、填空题（每题1分，共10分）11. The process of converting interest rates from an annual rate into a rate for a shorter period is known as ______. 12. A ______ is a type of investment fund that pools money from many investors to invest in a diversified portfolio of assets.13. The ______ is the difference between the bid price and the ask price of a security.14. An investor who believes that the price of a securitywill rise is said to have a ______ position.15. The ______ is a measure of the performance of a company's investments.16. A ______ is a financial contract that obligates the buyer to purchase an asset or a service, including a financial instrument, from the seller at a predetermined future date and price.17. The ______ is the process of evaluating an investment based on its risk and potential return.18. A ______ is a type of financial derivative that gives the holder the right, but not the obligation, to buy or sell anunderlying asset at a specified price within a specified period.19. The ______ is the risk of default by a borrower or issuer of debt.20. An ______ is a financial statement that shows a company's financial performance over a period of time.三、简答题（每题5分，共20分）21. Define the term "leverage" in the context of finance and explain its potential benefits and drawbacks.22. What is the difference between a "bear market" and a "bull market"?23. Explain the concept of "diversification" and why it is important in portfolio management.24. Describe the role of a futures contract in risk management.四、论述题（每题15分，共30分）25. Discuss the importance of understanding financial ratios for investors and provide examples of commonly used financial ratios.26. Analyze the impact of inflation on the economy and on individual investments.五、案例分析题（共20分）27. (a) Assume you are an investor considering the purchase of a company's stock. Describe the factors you would consider before making an investment decision.(b) Based on the information provided in the case study (not included in this template), evaluate the company's financial health and make。

名词解释1、Financial market（金融市场）is a market in which financial assets (securities) such as stocks and bonds can be purchased or sold.2、Those participants that provide funds are called surplus units（盈余方）.3、Participants that enter financial markets to obtain funds are called deficit units（赤字方）4、Those financial markets that facilitate the flow of short-term funds (with maturities of less than one year) are known as money markets（货币市场）.5、Those that facilitate the flow of long-term funds are known as capital markets（资本市场）.6、Primary markets（一级市场）facilitate the issuance of new securities. The issuance of new corporate stock or new treasury securities is a primary market transaction.7、Secondary markets（二级市场）facilitate the trading of existing securities. The sale of existing corporate stock or treasury security holdings by any business or individual is a secondary market transaction.8、liquidity（流动性）, which is the degree to which securities can easily be liquidated (sold) without a loss of value.9、over-the-counter (OTC) market（场外市场）, which is a telecommunications network.10、A secondary stock offering（二次发行）is a new stock offering by a specific firm whose stock is already publicly traded.11、Money Market Securities（货币市场证券）are debt securities that have a maturity of one year or less.12、Capital Market Securities（资本市场证券）securities with a maturity of more than one year are called Capital Market Securities.13、Bonds（债券）are long-term debt obligations issued by corporations and government agencies to support their operations. (Treasury notes and bonds).14、Mortgages（抵押贷款）are long-term debt obligations created to finance the purchase of real estate15、Stocks（股票）(also referred to as equity securities 股权类证券) are certificates representing partial ownership in the corporations that issued them. They are classified as capital market securities.16、Derivative securities（衍生证券）are financial contracts whose values are derived from the values of underlying assets (such as debt securities or equity securities).17、Speculation（投机）: derivative securities allow an investor to speculate on movements in the underlying assets without having to purchase those assets.18 、Hedging（套期保值）: Derivative securities can be used in a manner to generate gains if the value of the underlying assets declines.19、Foreign exchange rates（外汇汇率）: is the price of one money in terms of another one. 20、Mutual Funds（共同基金）: they sell shares to surplus units and use the funds received to purchase a portfolio of securities.21、The Loanable Funds theory（可贷资金理论）, commonly used to explain interest rate movements, suggests that the market interest rate is determined by the factors that control the supply of and demand for loanable funds.22、This relationship between interest rate and expected inflation is often referred to as the Fisher Effect（费舍效应）.23、Crowding-out effect.（挤出效应）Given a certain amount of loanable funds supplied to the market( through saving), excessive government demand for these funds tends to “crowd out” the private demand (by consumer and corporation) for funds.24、Repurchase Agreements（购回协议）The Trading Desk purchases Treasury securities from government securities dealers with an agreement to sell back the securities at a specified date in the near future—to ensure adequate liquidity25、The Federal Reserve System (the Fed)(联邦储备系统), as the central bank of the United States, has the responsibility for conducting national monetary policy. 26、Commercial paper（商业票据）is a short-term debt instrument issued only by well-known creditworthy firms and is typically unsecured.27、Negotiable Certificates of Deposit (NCDs)（可转让存单）are issued by large commercial banks and other depository institutions as a short-term source of funds.28、Repo（回购）refers that one party sells securities to another with an agreement to repurchase the securities at a specified date and price.29、Federal funds（联邦基金）market allows depository institutions to effectively lend or borrow short-term funds from each other at the so-called federal funds rate.30、A banker’s acceptances（银行承兑）indicates thata bank accepts responsibility for a future payment. They are commonly used for international trade transactions.31、The U.S. dollar deposits in non-U.S. banks is called Eurodollar certificates of deposit or Eurodollar CDs（欧洲美元存款）.32、Bond markets(债券市场)facilitate the flow of long-term debt from surplus units to deficit units.33、Bearer bonds（无记名债券）: require the owner to clip coupons attacked to the bonds and send them to the issuer to receive coupon payments.34、Registered bonds（记名债券）: require the issuer to maintain records of who owns the bond and automatically send coupon payments to the owners. 35、An initial public offering（首次公开募股）is a first-time of shares by a specific firm to the public.36、Over-the-Counter Market（场外交易市场）:Trades through a telecommunications network37、Financial futures markets（金融期货市场）精品文档facilitate the trading of financial future contracts.38、financial futures contract（期货合约）is a standardized agreement to deliver or receive a specified amount of a specified financial instrument at a specified price and date.39、price movements of bond futures contracts Economic growth: employment, GDP, retail sales, industrial production, and consumer confidence40、A bond index futures contract allows for the buying and selling of a bond index for a specified price at a specifies date.41、Open Market OperationsThe buying and selling of government securities (through the Trading Desk) is referred to as open market operations.42、Stripped treasury bondsStripped Treasury BondsThe cash flows of bonds are commonly transformed(转化) by securities firms so that one security represents the principal payment only while a second security represents the interest payments1.depository institution（存款类金融机构）：1Commercial Banks.2Saving institutions include savings and loan associations (S&Ls) and saving banks.3 Interaction between Savings Institutions and Other Financial Institutions. 4Credit unions(信用合作组织)2.Nondepository Financial Institutions（非存款类金融机构）1Finance Companies2Mutual Funds (共同基金)3 Securities firms4Insurance Companies 5 Pension Funds3.Depository institutions are popular financial institutions for the following reasons:They offer deposit accounts that can accommodate the amount and liquidity characteristics desired by most surplus units.Repackage funds received from deposits to provide loans of the size and maturity desired by deficit units. They act as a creditor.Accept the risk on loans provided.Have more expertise than individual surplus units in evaluating the creditworthiness of deficit unitsDiversify their loans among numerous deficit units and therefore can absorb defaulted loans better than individual surplus units could.4.Demand for loanable funds1）Household demand 2）Business demand 3)Government demand 4)Foreign demand 5)Aggregate demand5.The Fed has five major components:Federal Reserve district banks(联储地区银行)Member banksBoard of Governors(联邦储备理事会)Federal Open Market Committee (FOMC)Advisory committees(顾问委员会)6.The Fed can use three monetary policy tools to either increase or decrease the money supply:1）Open market operations2）Adjustments in the discount rate3）Adjustments in the reserve requirement ratioparison of Monetary Policy Tools1）Open market operations are convenient and used without signaling the Fed’s intent ions.2）Adjustment to loans by adjusting discount rate is only temporary.3）Adjustment in the reserve requirement ratio can cause erratic (反复无常的)shifts in the money supply.6 M1 = Currency + checking depositsM2 = M1 + saving deposits, MMDAs, Eurodollars, small time depositsM3 = M2 + money market mutual funds, large time deposits, repurchase agreements8.popular money market securities are:Treasury bills, commercial paper, negotiable certificates of deposit, repurchase agreements, federal funds and banke r’s acceptances9.The reasons that the Eurodollar market are attractive for both depositors and borrowers:the spread between the rate banks pay and the rate they charge is relatively smallOnly governments and large corporations participate in this market—lower riskInvestors in the market avoid some costs (no deposit insurance, lower taxes, no government-mandated credit allocations)Eurodollar CDs are not subject to reserve requirements Less regulations and restrictions10.The purpose for call provisions（提前赎回条款）: End up paying a higher rate when interest rates decline Retire bonds as required by a sinking-fund provision 11.Futures and forward contracts are similar in the following ways:Both are derivative securities for future delivery. The parties agree today on price and quantity for settlement in the future.Both are used to hedge currency risk, interest rate risk or commodity price risk.They differ in these ways:Forward contracts are private, customized定制contracts between a bank and its clients depending on the client’s needs (OTC). There is no secondary market for forward contracts since they are private contractual agreements.Forward contracts are settled at expiration. Futures contracts are continually settled (mark to market) Profits/losses for a futures contract accumulate on a daily basis unlike a forward contract where profits/losses are realized at once at contract expiration. Futures markets have daily price limits. If the settlement price changes by the daily price limit, trading is stopped精品文档until the next day.12.Risk of Trading Futures Contracts1）Market risk: refers to fluctuations in the value of the instrument as a result of market conditions. (wrong expectation)2）Basis risk: the position being hedged by the futures contracts is not affected in the same manner as the instrument underlying the futures contract.3）Liquidity risk: refers to potential price distortions due to a lack of liquidity. (no traders)4）Credit risk: is the risk that a loss will occur because a counterparty defaults on the contract.5）Prepayment risk: refers to the possibility that the assets to be hedged may be prepaid earlier than their designated maturity.6）Operational risk: is the risk of losses as a result of inadequate management or controls.13 Foreign stock offerings in U.S.Advantages: enhance the global image, easily place the issue of new stock, obtain large amount of fund, diversifies the shareholder base, increase the liquidity, protect a firm against hostile takeovers(恶意收购) Disadvantages: stringent(严格的) regulations, entail some costs14、How does the Fed use the monetary policy tools to adjust the money supply?（1）When the Fed issues securities, the commercial banks purchase those that are most attractive. The total funds decrease and the money supply falls.When the Fed purchase securities, the total funds increase, which represents a loosening of money supply growth.（2）To increase the money supply, the Fed can authorized a reduction in the discount rate; to decrease the money supply, the Fed can increase the discount rate.（3）The lower the reserve requirement ratio, the greater the lending capacity of depository institutions, so a larger money supply.Money multiply15、What are the characteristics of corporate bonds?（1）The bond indenture, trustee（2）Sinking-Fund Provision(偿债基金准备)（3）Protective Covenants(保护条款)16、What is the relationship between the government demand for loanable funds and interest rate? (Explain by pictures)The federal government demand-for-loanable-funds schedule is Dg1, if new bills are passed that cause a net increase in the deficit of USD20 billion, the federal government demand for loanable funds will increaseby that amount. The new demand schedule is Dg2. 17、What are the ways by which the money flows from individual surplus units to deficit units?a major type of financial intermediary is the depository institution which accepts deposits from surplus units and provides credit to deficit units through loans and purchases of securities.18、How does the level of tax, do you think, affect the demand of household for loanable funds (please explain by pictures)?An investment tax credit will increase the incentive to borrow，it increases the demand for loanable funds.精品文档。

金融英语期末复习Ⅰ.Choose correct answer.1.The dollar,the mark and the yen are all________A.currenciesB.fundsC.monies2.Current account means a demand account , which is called ________ in the West.A. fixed accountB. time accountC. checking accountD. term account3.To get a refund , you usually have to show the ________.A. receiptB. recipeC. paymentD. Invoice4.Regular bank statements will be sent to you by post , listing recent ________.A. paymentB. eventsC. transactionsD. interest5. I am sorry , sir. We find this One hundred-dollar note is ________.A. dirtyB. intactC. counterfeitD. True6. If the addition in the ease of one borrower is 800 basic points , then that borrower will pay a rate that is 8% _________base rate , each basic point adding 0.01%.A. belowB. as high asC. aboveD. of7. _________ is a loan that is made for a long period to help someone buy or improvea home.A. An educational loanB.A personal consumer loanC. A card loanD. A mortgage8.Borrowed money that has to be paid back constitutes a ________ .A.debtB.fundC.subsidy9.All the money received by a person or a company is known as_____ . .A.aidB.incomeC.wages10.The interest rate of the loan depends upon the ________ .A.amount of the loanB.term of the loanC.mortgagee of the loanD.guarantee of the loan11.I am sorry that Russian ruble is not ________ ，so we can'tmake the conversion for you.A.currencyB.freelyC.our currencyD.freely convertible12.________ Would you like to have it,in RMB or in US dollars ?A.WhyB.How muchC.How manyD.How13.I want to________ 500 Australian dollars for RMB Yuan.A.changeB.takeC.exchangeD.convert14.Why is the money I have received less than the ________ remittance amount ?A.originalB.paimaryC.sourceD.raw15.I am expecting a one hundred－pound________ from London .Has it arrived ?A.exchangeB.remittanceC.cashD.traveler's check16.Stock are also referred to as ________ .A.SecuritiesB.equityD.A,B,C17.What is the advantage of investing in bonds?A.bonds are generally of lower risk than stocks.B.bonds offer a good return.C.bonds do not mature.D.all of the above.18.________ have a higher priority than ________ when the firm is in trouble.A.stockholders ,bondholders ./doc/7015361533.html,mon shareholders ,bondholders .C.bondholders ,stockholders .D.preferred stockholders ,bondholders.19.A person who reviews the insurance proposal and decides whether the company should assume a particular risk is called a________.A.insurerB.claim adjusterC.insurance underwriterD. insured20.Your home insurance premium will be higher if you live ina ________ area .A.big riskB.riskyC.high riskD.lower risk21.A person who has taken out insurance cover is konwn as the ________.A.insurerC.insuranceD.beneficiary22. Telegraphic transfer is the quickest way and the commission is higher. _________ is cheaper , but it will take a longer time.A. Demand draftB. Telegraphic transferC. Bank acceptance draft D .Commercial acceptance draft23. The business of any insurance company is to pay ________ to the insured in the case of a loss in return for the payment of premiums.A. fundsB. claimsC. interestsD. principalsⅡ.Complete the sentences with the following expressions. withdraw , balance , sign , valid , payinterest , report a loss , cash , save , apply1.You can make a(an) _withdrawal_ at any time if you wish with your current deposit account.2.Overdraft means that the depositor writes the check for the amount exceeding _balance_ in his current account.3.Driving license is _invalid_ ,we can not open the account with it.4.To open a checking account the customer is to present his or her specimen _sign_.5.He made a(an) _payment_by writing a check.6.A time account is better than a current because your money earn _interest_.7.If you lose your _passbook_,don′t panic. Just call you bank immediately to makea(an) _ report a loss_.8.The bank is closed now ,you can′t _cash_your check today.9.Don′t keep your _save_ under the pillow, they'll be safer in the bank.10.Before doing business with banks, people have to make a(an) _application_ to open an account.Ⅲ.Translate the following terms.1.最低余额(1’) __________________2..浮动利率__________________3.担保贷款__________________4.股息、红利__________________5.直接标价法与间接标价法__________________6.bull and bear market __________________7.closed-end fund __________________8.insurance contract __________________9.property insurance __________________10.settle a claim __________________11.定期存款的利率比活期存款高。