金融英语业务知识练习试卷15(题后含答案及解析)

金融英语业务知识练习试卷15(题后含答案及解析) 题型有： 2. 单项选择题
单项选择题
1．Since Property and Casualty Insurance Companies have a greater possibility of loss of funds if major disasters occur, their funds are invested in______. i. municipal bonds ii. corporate bonds iii. high grade corporate stocks iv. government securities v. mortgages
A．i, ii, and iii
B．i, ii and iv
C．i, iv and v
D．i, ii, iii and iv
正确答案：D
解析：答案为D项。

财产和灾害保险公司很可能会遇到短期流动性的要求。

因此，它们购买市政债券、公司债券、高级别股票、政府债券和短期货币市场金融工具等，但不会投资于住房抵押贷款。

故本题选D项。

知识模块：金融英语业务知识
2．The principal attraction of passbook saving accounts relative to time deposits is______.
A．higher yield
B．liquidity
C．borrowing privileges
D．resale value in open market
正确答案：B
解析：答案为B项。

活期存折存款账户相比定期存款而言，主要优势在于其具有的流动性。

故本题选B项。

知识模块：金融英语业务知识
3．The Federal Reserve System is ultimately responsible to______.
A．the member banks
B．the President
C．the Congress
D．the Treasury
正确答案：C
解析：答案为C项。

美国联邦储备系统对国会负责，国会要求联邦储备系统定期汇报，并有权在它认为合适的任何时候，修改已实施的立法——《联邦储备法案》。

故本题选C项。

知识模块：金融英语业务知识
4．The one Federal Reserve district bank which is always represented on the Federal Open Market Committee is______.
A．Chicago
B．Cleveland
C．New York
D．Washington, D.C.
正确答案：C
解析：答案为C项。

由于纽约在美国乃至世界经济金融中的重要地位，纽约联邦储备银行的行长是联邦公开市场委员会的永久成员，其他11个联邦储备银行的行长轮流坐余下的4个席位。

故本题选C项。

知识模块：金融英语业务知识
5．Thrift institutions consist of______. i. Savings and Loan Associations ii. commercial banks iii. credit unions iv. mutual savings banks
A．i, ii and iv
B．i, iii and iv
C．only iii and iv
D．i, ii, iii and iv
正确答案：B
解析：答案为B项。

储蓄机构(thrift institution)由储蓄贷款协会、储蓄互助社和互助储蓄银行构成。

故本题选B项。

知识模块：金融英语业务知识
6．Certificates of deposit are______.
A．given by the bank to deposit account holders
B．negotiable securities issued by banks
C．issued for a minimum period of one month
D．current assets minus current liabilities
正确答案：A
解析：答案为A项。

存单是银行签发给储户的凭证。

故本题选A项。

知识模块：金融英语业务知识
7．Well-functioning financial markets______.
A．cause inflation
B．promote political instability
C．produce an efficient allocation of capital
D．cause financial crisesE．eliminate the need for indirect finance
正确答案：C
解析：答案为C项。

运转良好的金融市场可以促成资本的有效配置。

故本题选C项。

知识模块：金融英语业务知识
8．When two banks agree to be correspondents with each other, they first exchange their______to verify signatures with authorized ones for different transactions.
A．passbooks
B．signature books
C．general ledgers
D．remittance orders
正确答案：B
解析：答案为B项。

两个银行欲建立代理行关系，应首先交换各自的印鉴簿(signature book)，以便在发生业务往来时核对签字。

故本题选B项。

知识模块：金融英语业务知识
9．Which of the following securities are not traded on the New York Stock Exchange?______.
A．Common stocks
B．Preferred stocks
C．Corporate bonds
D．Financial futures contracts
正确答案：D
解析：答案为D项。

纽约证券交易所买卖的是大公司的股票和债券，金融期货合同不在其交易品种之列。

故本题选D项。

知识模块：金融英语业务知识
10．The job of the specialist is______.
A．to underwrite the securities of corporations
B．to specialize in the trading of securities within markets
C．to maintain orderly trading for the securities he is in charge of
D．to arbitrage away the price discrepancies of securities traded in more than one market
正确答案：C
解析：答案为C项。

specialist“专业证券商”，证券交易所的会员，主要职责是通过为他自己的账户及其客户的账户买卖证券来保持一些特定种类股票的市场有序运行。

故本题选C项。

知识模块：金融英语业务知识
11．Which of the following is considered a market-maker?______.
A．A dealer
B．A specialist
C．An investment banker
D．All of the above
正确答案：D
解析：答案为D项。

market-maker“做市商”，指场外市场上负责维持某种
股票的正常交易，并就相应股票对外报价的机构投资者。

在我国，指那些实力雄厚，能够在一定程度上决定某种证券市场价格和市场走势的机构投资者，即“庄家”。

本题中A项、B项、C项都是做市商，故选D项。

知识模块：金融英语业务知识
12．Which of the following assets would not qualify as an international reserve to China?______.
A．U.S. dollars
B．Gold
C．RMB
D．EUR
正确答案：C
解析：答案为C项。

international reserve“国际储备”，指用作国际支付的外汇储备。

国际货币基金将会员国的国际储备规定为：黄金；特别提款权(special drawing rights，SDR)；外汇；以及会员国在国际货币基金的储备净额。

人民币不能作为中国的国际储备。

故本题选C项。

知识模块：金融英语业务知识
13．The Federal Open market Committee meets approximately______.
A．once a month in Washington, D.C.
B．once a week in Washington, D.C.
C．once a month in New York City
D．once a week in New York City
正确答案：A
解析：答案为A项。

美国的公开市场委员会成员每个月在华盛顿碰头一次。

故本题选A项。

知识模块：金融英语业务知识
14．Which of the following Federal Reserve bodies has the final say in the setting of the discount rate?
A．The Federal Open Market Committee
B．The Board of Governors
C．The Federal Reserve Banks
D．B and C have an equal say in this matter
正确答案：B
解析：答案为B项。

在确定贴现率上联邦储备委员会具有最终发言权。

故本题选B项。

知识模块：金融英语业务知识
15．Large certificates of deposit are “negotiable”, meaning that______.
A．they make regular interest payments until maturity
B．they return the original purchase price at maturity
C．the buyer is free to negotiate over price
D．they trade on a secondary market
正确答案：D
解析：答案为D项。

大额存单可转让意味着它们可以在二级市场中进行交易转让。

故本题选D项。

知识模块：金融英语业务知识
16．Federal Reserve banks are owned by______.
A．the U.S. government
B．the Board of Governors of the Federal Reserve System
C．member commercial banks
D．wealthy private citizens
正确答案：C
解析：答案为C项。

每个联邦储备银行都由它所监督管理的商业银行所私有。

故本题选C项。

知识模块：金融英语业务知识
17．Members of the Board of Governors of the Federal Reserve System are______.
A．elected by the people
B．appointed by the President of the United States
C．appointed by the Congress of the United States
D．chosen by the presidents of the twelve district Federal Reserve banks
正确答案：B
解析：答案为B项。

联邦储备委员会7名成员是由美围总统任命的，故本题选B项。

知识模块：金融英语业务知识
18．Which of the following is most frequently regarded as a reference rate of interest for loans in international financial markets?______.
A．SIBOR
B．HIBOR
C．LIBOR
D．TIBOR
正确答案：C
解析：答案为C项。

SIBOR(Singapore interbank offered rate)“新加坡银行同业拆放利率”。

HIBOR(Hong Kong interbank offered rate) “香港银行同业拆放利率”。

TIBOR(Tokyo interbank offered rate)“东京银行同业拆放利率”。

LIBOR(London interbank offered rate)“伦敦银行同业拆放利率”。

一种国际利率的重要指标，是伦敦银行同业市场的放出价，即银行在同业市场拆入资金的成本。

国际银行多以此作为放贷国际货币的定息基准(reference rate)。

故本题选C项。

知识模块：金融英语业务知识
19．The European Central Bank has set two pillars to guide their action. The pillars are respectively monitored by______.
A．a targeted CPI increase at 2.5% or less and an annual monetary base increase at 4%
B．a targeted GDP increase at 2%~2.5% and fiscal deficit to GDP less than 3% C．an annualized growth rate of a broad monetary aggregate at 4.5% and a year-on-year HICP increase targeted at 2% or less
D．none of the above
正确答案：C
解析：答案为C项。

HICP(the Harmonized Index of Consumer Price)“消费物价协调指数”。

欧洲中央银行为实现“维持物价稳定”的首要货币政策目标，将公布广义货币供应量的参考值和运用一系列经济指标(如经济增长率、消费、工业生产、就业、汇率、对外贸易等)对欧元区价格变动趋势及物价稳定的风险进行评估作为两个支柱。

其中明确规定广义货币供应量的参考值为年增长率5％，消费物价协调指数低于2％。

故本题选C项。

知识模块：金融英语业务知识
20．One of the problems that thrift institutions face is that______.
A．they are unable to go to the discount window at the Federal Reserve to borrow short-term funds because they are not members of the Fed
B．in periods of high short-term interest rates, they have to pay more to obtain new funds or retain existing funds than they get from their long-term mortgages C．they are holding short-term assets and long-term liabilities. This mismatching of maturities puts a squeeze on their profits when short-term interest rates are low D．they are unable to offer demand deposits at low cost because they are not part of the Federal Reserve System
正确答案：B
解析：答案为B项。

储蓄机构所面临的一个共同的困境是在利率上升期，它们为了获取新的资金或保住大量现有资金，因此必须付出更高的利率，但是它们大部分资产的收益却山于长期限的抵押贷款业务是在几年前发生的且一般采用固定利率而无法同时提高。

故本题选B项。

知识模块：金融英语业务知识。