单选题Directions: In this section, you will hear two short passages. At the end of each passage, you will hear some questions. The passages and the questions will be spoken only ONCE. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.{{B}}Passage One{{/B}}

单选题A.Oneacquiredtheother.B.Theyarebothbigbanks.C.Twobanksmergedintoonebank.D.Nothinghappenedtothem.

单选题A physical commodity that is valued in its own ______ and also used as a means of payment is commodity money.

单选题According to the Commercial Banking Law of our country' the total sum of the working capital to be allocated to all branches shall not exceed ______ of the total capital of the commercial bank.

单选题{{B}}Passage Three{{/B}}

单选题Commercial paper may either be dealer placed or directly placed. If it is dealer placed, the (61) sells its promissory notes to one of the ten-regular commercial paper dealers, which, in turn, sells it to others. If commercial paper is directly placed, the issuing corporation sells its notes directly in the market, without the intermediation of the (62) . This is the method used primarily by sales-finance companies because they (63) in the market on a virtually continuous basis. Sales-finance companies are companies that supply the credit for the installment purchase of major (64) items, for example, automobiles, refrigerators, and television sets. These companies find the commercial paper (65) particularly well suited to their needs since it enables them to adjust to swings in demand for installment purchases.

单选题A.almostthesameoneB.ratherdifferentC.alittledifferentD.doesn'tmention

单选题On first reading it appeared to offer some hope that the industrial world can achieve a soft ______ from its present overheated state.

单选题The following expenditure should be. debited to the asset account except ______. (a)additions that extend the life of an asset. (b)ordinary repair costs. (c)replacements that expand the uses of an asset. (d)None of the above.

单选题In many countries, before an insured person can take legal action against an insurer, he ______.

单选题To trade on an acceptance credit basis, the bill is accepted by ______.

单选题Foreign exchange is by definition foreign to the holder; otherwise, it would be domestic exchange or in modem practice, local currency and legal tender. Foreign exchange typically is not legal tender and is therefore not acceptable in exchange for goods and services to whom it is being offered; hence, the desire to exchange it into something closer to home in terms of acceptability. Foreign exchange markets are nearly always markets that convert issues of foreign money for local units. The New York foreign exchange market, for example, is essentially a market for exchange foreign currencies against the US dollar. It is possible in New York to exchange French francs for Swedish kronor, but the normal practice would be to sell French francs for U.S. as a first step and then to sell US dollars and buy Swedish kronor as a second step in order to complete the transaction. Markets in other countries would be similar in structure and mechanical operation.

单选题Banks who fail to comply with the formal remedial actions might face financial penalties or criminal punishment.

单选题Maturity of mortage loans is usually ______.

单选题What is the name of the document which can make a buyer feel confident that goods are of a certain standard? ______.

单选题The 40 per cent is tax deductible, suggesting that the provision was made simply to take advantage of this tax ______.

单选题When the issue is syndicated among the original investment banker and other institutions, ______.

单选题Which of the following is true of a mortgage? ______.

单选题Cutting taxes can lower investment through its impact on interest rates. This is an example of the: ()