单选题Advances to the importer can be given in the following ways except ______. A. limits for issuing letters of credit B. inward bill receivables C. packing loans D. delivery against bank guarantee

单选题 Directions: In this section, you will hear ten short conversations. At the end of each conversation, a question will be asked about what was said. The conversation and question will be spoken only once. During the pause, you must read the four choices marked A,B,C, D, and decide which is the best answer.

单选题A life insurance policy that has a constant premium through the life of the policy is called a ______.

单选题There are two general ways in which the term "market" is used in economics. First, a market is thought of as a formal or informal organization of buyers and sellers who conduct trades in particular commodities or services. The market may be located at a geographical meeting place, such as your friendly neighborhood bookstore or shopping center (a retail market). A market may be organized over wide areas connected through phones or computer terminals. Although the trading room of the New York Stock Exchange is located in New York City, buyers and sellers who actively participate in this market may conduct their trades from distant locations. This description is the institutional way of looking at a market. The second meaning of the word "market" is used in formal economic models. Here the equations that explain the demand and supply of a commodity such as money are sometimes grouped together. Although money is traded in all markets, the reasons for supplying and holding money are thought to be specific enough to warrant separate equations. This is an abstract way to think of the money market. New financial assets are traded in primary markets. Financial assets that are resold are traded in secondary markets. Finns that specialize in trading either new or reissued financial assets are called primary and secondary dealers, respectively. Both new and reissued securities are traded in many markets, such as the U. S money market. The New York Stock Exchange, however, is a secondary market.

单选题The monthly statement gives you a record of all the ______ of your checking account. A. subtracted B. negotiable C. transactions

单选题A.Customsofficerandtravelers.B.Employerandemployee.C.Businessassociates.D.Bankclerkandcustomer.

单选题According to the passage, the method of guarantee can take the following forms except ______.

单选题Money also functions as a store of value; it is a ______ of purchasing power over time.

单选题A balance sheet shows

单选题The market for large business certificates of deposit or negotiable certificates of deposit (CDs) in denominations of $100,000 or more has been active since 1961. It is a money market specializing in the sale of Marketable, interest-yielding deposit certificates with specified maturity dates, issued by four types of financial intermediaries. Domestic CDs are issued by US banks. Dollar-de- nominated CDs issued by banks outside the United States are called Euro CDs. The CDs issued by US branches of foreign banks are called Yankee CDs. Thrift CDs are the name used to designates CDs issued by domestic thrifts. The holder of a CD who wishes to exchange it for money before its maturity date will ask a money market participant (often a commercial bank) to arrange a sale through a specialized dealer. There is an active secondary market in CDs centered in New York. There are approximately 25 dealers in CDs. The CD is an instrument that allows the depository intermediaries to raise funds at competitive market rates. It is called one of their managed liabilities. Since they loan out funds at their lending rates, they would normally keep their advertised prime rate above the CD rate. As noted previously, the prime rate formula that had been used by Citibank set the prime one-and-a-half percentage points above the previous three-week average of 90-day (3-month) CDs sold in the secondary market. The yield on 3-month CDs is usually higher than 3-month Treasury bills. Treasury bills have a lower default risk and exempt from state and local tax. This may explain the extent of the spread.

单选题______ measure the company' s ability to meet short-term obligations through the cash conversion cycle. A. Activity ratio B. Liquidity ratio C. Leverage ratio D. Profitability ratio

单选题Unless otherwise stated in the letter of credit, banks will not accept_________ presented by the beneficiary.

单选题The bank records all transactions of an account in the customer's ______.

单选题A.2.B.5.C.4.D.3.

单选题Reserve Banks have expressed an interest in using non-employee experts or consultants on bank supervision matters for a number of reasons. A Reserve Bank may seek to engage retired examiners to address fluctuating resource demands, for example, in the event of a rapid but temporary need for examiners experienced in loan underwriting and credit review. An external expert may be used to provide supplemental training, for example, to expose examiners to new analytical techniques, or to provide on-the-job training to examiners who have not experienced an economic downturn, problem loans, or problem banks. While it is important to maintain adequate resources and expertise on an ongoing basis, a Reserve Bank may decide in a particular situation that using a consultant is a more cost effective or efficient approach to meeting a specialized skill need. For example, a consultant may be engaged for a one-time assignment that does not justify a full-time expert on staff, particularly if a System expert is not available. Similarly, an external expert with industry-specific knowledge may be retained to evaluate a business activity that is nontraditional to banking, such as brokerage services or insurance.

单选题When a commercial bank which was established ______ is found to have its ratios of assets and liabilities at variance with the stipulations within a designated time limit. A. superior to the promulgating of this law B. inferior to the promulgation of this law C. priority to the promulgation of this law D. prior to the promulgation of this law

单选题{{B}}Passage Two{{/B}} Commercial banks provide long-term mortgage loans to borrowers (consumers) to purchase houses/land. The ownership of the {{U}}(61) {{/U}} remains in mortgagee and the possession of property usually remains in {{U}}(62) {{/U}} unless and until the occurrence of default or full repayment. Maturity of such loans is usually 30 years and the interest rates are {{U}}(63) {{/U}} Maximum amount of such loans is {{U}}(64) {{/U}} of the property value, and the balance should be paid {{U}}(65) {{/U}} as down payment.

单选题When a bill of exchange is drawn under a documentary credit, the drawer can be assured of acceptance and payment by the ______.