单选题A credit card is a plastic card and the like to be used to obtain money, goods, or services and an overdraft is not allowed.

单选题Documents presented to the bank under a commercial letter of credit may include all of the following except ______.

单选题Off- site surveillance can do nothing about the existing problems of banking institutions.

单选题A mortgage is a type of ______.

单选题The fact that interest _-- are tax deductible while dividends are not is a major consideration in the financial structure of an overseas subsidiary.

单选题 To finance the national debt, the government issues a variety of debt securities. The most widely held liquid security is the Treasury bill, which is commonly issued by the ministry of finance. However, some Treasury bills, like the Treasury bill of the U. S. government, do not actually pay interest. Instead they are issued at a discount from par (their value at maturity). The investor's yield comes from the increase in the value of the security between the time it was pm, chased and the time it matures. Treasury bills are attractive to investors because they are backed by the government and therefore are virtually free of default risk. Because even if the government ran out of money, it could simply print more to pay them off when they mature. The risk of unexpected changes in inflation is also low because of the short term to maturity. The markets for Treasury bills in most developed countries are deep and liquid. A deep market is one with many different buyers and sellers. A liquid market is one in which securities can be bought and sold quickly and with low transaction costs. Investors in markets that are deep and liquid have little risk that they will not be able to sell their securities when they want to.

单选题The IDA charges only three fourths of 1 percent as a service charge on ______ loan balances.

单选题Therefore, balance - of- payments deficits often lead to price ______ of a nation"s currency relative to the prices of other currencies.

单选题A cheque crossed" account payee" ______.

单选题The bank uses a ______ to find out how prospective borrowers repaid their past debts.

单选题The ratio of liquid assets to liquid liabilities of a commercial bank shall not fall short of ____ percent.

单选题 Passage 2 A financial future is a contract to buy or sell certain forms of money at a specified future date, with the price agreed at the time of the deal. Under such a contract, if the market price of the financial instrument concerned should be higher on the delivery date than the price specified in the contract or if its yield should be lower, the seller undertakes to meet the different and, by collecting this, the buyer can obtain a price or yield which is settled at the time the contract is agreed. Conversely, if the market price of the financial instrument should be lower or its yield higher than is specified in the contract, the seller will gain and the buyer will lose the difference: but at least the buyer still has the comfort of knowing the price or yield in advance, as it was fixed at the date the contract was entered into. The London International Financial Futures Exchange brings together those buyers and sellers who wish to hedge against interest rate and exchange rate fluctuations. On the exchange, "standard" agreements ( or contracts ), are available for : 1 ) interest rate movements--by trading interest bearing securities, such as bank deposit certificates, in sterling or Eurodollars, gilt-edged stocks and United States Treasury Bonds ; 2) exchange rate fluctuations--by trading a range of currencies, for example the United States dollar against the pound sterling, the United States dollar against the Swiss franc and so on. On LIFFE, in order to make the contracts more tradable and to enable keener prices to be quoted, a limited range of standard contracts is available with fixed settlement dates. For example, the contract size for sterling bank deposit certificates is GBP 500 000 with delivery on the second Wednesday of the delivery month which could be March, June, September or December. With a contract covering the movement of interest rates, the market brings together those who wish to take delivery of specific financial instruments, with those who are prepared to supply the same financial instrument on the same terms. Similarly, with a contract coveting exchange rate fluctuations, the market brings together those who wish to sell a stated amount of a certain foreign currency at an agreed future date, and those who wish to buy on the same terms.

单选题If the money supply lags behind production, tike economy may suffer from ______ with equally undesirable effects.

单选题Economic growth is measured by a positive change in which of the following? ()

单选题A.thebudgetB.thesalesC.theestimationD.theprospectofthecompany

单选题Which of the following is not a characteristic of a competitive industry? ()

单选题There are three ways in which a banker may take security for an advance: (1) lien (2) by pledge (3) by mortgage (4) by indemnity A. (1), (2), (3) B. (1), (2), (4) C. (2), (3), (4) D. (1), (3), (4)

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单选题 Directions: There are 10 blanks in the following passages. For each blank, there are four choices marked A, B, C and D. You are supposed to choose the best answer and mark the corresponding letter on the ANSWER SHEET by drawing a single line through the center.{{B}}Passage One{{/B}} FLOOR BROKERS, when a commission broker has {{U}}(56) {{/U}} that he cannot execute personally because of their number or because of the activity of the market, he engages the services of a floor broker. These floor brokers were once referred to as $ 2 brokers, because at one time they charged a fee of $2 per {{U}}(57) {{/U}}; today this fee is {{U}}(58) {{/U}} higher. Commissions are shared on these orders. It is easy to see that smaller commission brokers are especially prone to {{U}}(59) {{/U}} by an influx of orders. The floor broker, as a freelance operator, provides a {{U}}(60) {{/U}} function in ensuring that the exchange's business is conducted rapidly and efficiently.