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 ______.

单选题What will be introduced to improve the basis for the required reserves?

单选题A.Husbandandwife.B.Bankclerkandcustomer.C.Creditofficerandcustomer.D.Estateagentandhousebuyer.

单选题A firm has fixed costs of ￡100,000 per month and variable costs of ￡25 for item. It proposes to sell these items for ￡50 each. What is the break-even output for this firm? ()

单选题Julie plans to sell delicate paper boxes in her retail shop. The selling price is ＄10, while the cost is ＄5 per unit. The fixed costs she encounters will be ＄600. Then the breakeven is ______. (a)40 units. (b)60 units. (c)80 units. (d)120 units.

单选题A.Thecollectingbankisthebankattheseller'scountry.B.Thecollectingbankactsonlyasanagentfortheremittingbank.C.Thecollectingbankknowsthebuyerverywell.D.Thecollectingbanknoticedthatthedraftandthedocumentwerereceived.

单选题An investor currently has a portfolio valued at $700,000. The investor’s objective is long-term growth, but the investor will need $30,000 by the end of the year to pay her son’s college tuition and another $10,000 by year-end for her annual vacation. The investor is considering four alternative portfolios: 　　Portfolio Expected Return Standard Deviation of Returns 1．8% 10% 　　2．10% 13% 　　3．14% 22% 　　4．18% 35% 　　Using Roy’s safety-first criterion, which of the alternative portfolios minimizes the probability that the investor’s portfolio will have a value lower than $700,000 at year-end? ()

单选题{{B}}Passage Two{{/B}}

单选题[此试题无题干]

单选题A primary market is a financial market in which new issues of a security, such as a bond or a stock, are sold to initial buyers by the corporation or government agency borrowing the funds. A secondary market is a financial market in which securities that have been previously issued (and are thus secondhand) can be sold. The primary markets for securities are not well known to the public because the selling of securities to initial buyers takes place behind closed doors, gal important financial institution that assists in the initial sale of securities in the primary market is the investment bank.. It does this by underwriting securities, that is, it guarantees a price for a corporation"s securities and then sells them to tile public. The New York Stock Exchange (NYSE), in which previously issued stocks are, traded, is the best - known example of secondary markets, although the bond markets, in which previously issued bonds of major corporations and the U.S. government are bought and sold, actually have a larger trading volume. Other examples of secondary markets are foreign exchange markets, futures markets, and options markets. Securities brokers and dealers are crucial to a well - functioning secondary market. Brokers are agents of investors who match buyers with sellers of securities; dealers link buyers and sellers by buying and selling securities at stated prices.

单选题{{B}}Passage Two{{/B}} A banking organization's management should ensure that documents governing securitizations it sponsors do not include any covenants related to supervisory actions or thresholds. Effective immediately, the use of covenants that provide for the early amortization of a securitization or compel the transfer of servicing as a result, directly or indirectly, of the occurrence of a supervisory action or event will, under appropriate circumstances, be criticized as an unsafe and unsound banking practice. Moreover, banking organization management is encouraged to amend, modify, or remove these covenants from existing transactions. Any impediments a banking organization may have to taking such actions should be documented and discussed immediately with its Reserve Bank.

单选题{{B}}Section One{{/B}} Directions: In this section, you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer.