单选题
Companies with large scale need a way to reach the
savings of the public at large. The same problem, on a smaller scale, faces
practically every company trying to develop new products and create new jobs.
There can be little prospect of raising the sort of sums require from friends
and people we know, and while banks may agree to provide short term finance,
they are generally unwilling to provide money on a permanent basis for long-term
projects. So companies turn to the public, persuading people to lend them money,
or take a share in the business in exchange for a share in future profits. Thus
they do by issuing stocks and shares in the business through the Stock Exchange.
Only by doing so can they put into circulation the savings of individuals both
at home and abroad. When the saver needs his money back, he
does not have to go to the company with whom he originally placed it. Instead,
he sells his shares through a stockbroker to some other savers who is ear- nest
to invest his money. A lot of the services needed both by
industry and by each of us are provided by the Government or by local
authorities. The governments at all levels furnish us with hospitals, roads,
electricity, telephones, equipment and other new development. The money raised
through taxes alone can't serve us properly. The government, local authorities,
and nationalised industries therefore frequently need to borrow money to support
major capital expenses, and they too, come to the Stock Exchange.
There is hardly a man or woman in this country whose job or whose living
standard does not rely on the ability of his or her employers to raise money to
finance new development. In one way or an- other, the money needed must be
gathered from the public at home or abroad. The Stock Exchange exists to supply
a channel through which these savings can reach those who need finance.
单选题
Almost all companies involved in new production and development must
______.
A. depend on their own financial resources
B. invite the banks to provide long-term finance
C. borrow large sums of money from friends and people they know
D. rely on the population as a whole for finance
【正确答案】
D
【答案解析】[解析] 从下列句子中可以判断出来，D选项是最佳答案。“Companies with large scale need s way to reach the savings of the public at large.”So companies turn to the public, persuading people to lend them money...。
单选题
The money which enables these companies to continue their projects is
______.
A. repaid to its original owners as soon as possible
B. raised by the selling of shares in the companies
C. exchanged for part ownership in the Stock Exchange
D. invested in different companies in the Stock Exchange
【正确答案】
B
【答案解析】[解析] 由56题的分析可知公司通过"selling of shams in the companies"，使人们"take a share in the business in exchange for a share in future profits"，来达到"raise money"的目的。
单选题
When the savers want their money back, they ______.
A. ask another company to obtain their money for them
B. look for other people to borrow money from
C. put their shares in the company back on the market
D. transfer their money to a more successful company
【正确答案】
C
【答案解析】[解析] 由文中直接找信息“when the saver needs his money back...he sells his shares through a stockbroker to some other savers who is earnest to invest his money"，即"put their shares in the company back on the market"。
单选题
All the essential services on which we depend are ______.
A. run .by local authorities
B. in constant need of financial support
C. financed wholly by rates and taxes
D. unable to provide for the needs of the population
【正确答案】
B
【答案解析】[解析] 正如文中所述"the government, local authorities and nationalized industries therefore frequently need to borrow money to support major capital expenses and they too, come to the Stock Ex-change."和"The money raised through taxes None can't serve us properly."故推知选项B为正确选项。
单选题
The Stock Exchange makes it possible for the Government, local
authorities and nationalised industries