金融英语考试报名

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2021金融英语(FECT)考试真题卷

本卷共分为1大题50小题，作答时间为180分钟，总分100分，

60分及格。

一、单项选择题（共50题，每题2分。每题的备选项中，只有一

个最符合题意）

fthefollowingisnottrueofforfaiting______.

A．Forfaitingisaformoftradefinancewithrecour

B．Forfaitingistheactofpurchasinganexporter's

receivables(theamounttheimporterowestheexporter)at

adiscountbypayingcash

C．Theforfeitertakesoverthebuyerrisk

D．Thepurchaisusuallyguaranteedbyabankinthebuyer's

country

mentarycollection,theexportersprentthe

documentsto______aftergoodshavebeenshipped.

A．theremittingbank

B．thecollectingbank

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C．thereimbursingbank

D．theopeningbank

fthefollowingisusuallyleastimportantasa

measureofshort-termliquidity______.

A．Quickratio

B．Currentratio

C．Debtratio

D．Cashflowsfromoperatingactivities

riskreferstotheriskof______.

A．default

B．financialpricesfluctuation

C．fraud

D．deferredpayment

fthefollowingstatementsistrue______.

A．Todecreaareceivable,debittheaccount

B．Todecrearevenue,debittheaccount

C．Toincreaowner'quity,debittheaccount

D．Toincreaanexpenaccount,credittheaccount

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itesacheckonhisABCBankaccounttopayforgoods

hedrawee

A．John

B．ABCBank

C．Peter

D．BothAandC

hinebank'spointofview,thecurrencyaccount

whichitmaintainsabroadisknownas______,whileaRMB

accountoperatedinChinaforaforeignbankistermed

A．avostroaccount...anostroaccount

B．anostroaccount...avostroaccount

C．amirroraccount...anostroaccount

D．avostroaccount...amirroraccount

mentbanksare______.

A．banksthatspecializeinthemanagementofwealthy

people'sinvestments

B．financialinstitutionsthatmakeloanstocorporations

C．dealersinprimarymarkets

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D．noneoftheabove

thenameofthedocumentwhichcanmakeabuyer

feelconfidentthatgoodsareofacertainstandard______.

A．Certificateoforigin

B．Commercialinvoice

C．Insurancepolicy

D．Inspectioncertificate

fthefollowingistrueofamortgage______.

A．Themortgageeretainsposssionofthemortgaged

property

B．Themortgagorretainsposssionofthemortgaged

property

C．Thelenderacquirestherighttoretainthemortgaged

propertyuntilthemortgagedebtisrepaid

D．Noneoftheabove

epayabletoABCCompanyiscreditedtothe

k______.

A．iscorrectincreditingtheaccount

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B．ismerelydoingwhatisrequestedbyitscustomer

C．hascommittedanactofnegligence

D．willmakeaclaimonitsprincipal

ationalpaymentsandothermessagesareoftennt

throughaninternationalcomputernetworkcalled______.

A．CHAPS

B．SWIFT

C．CHIPS

D．CHATS

ndingloans,oneoftheprinciplesthata

commercialbankpersistsinis______.

A．freefrominterferenceoflocalgovernment

B．againstcollateral

C．badonsoleresponsibilitytoitsprofitsandloss

D．inpursuanceofthelawofthePeople'sBankofChina

ecrosd"accountpayee"______.

A．canonlybeacceptedfortheaccountofthenamedpayee

B．canbeacceptedforthecreditofanaccountotherthan

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thatofthenamedpayeeprovidedthecollectingbankmakes

enquiries

C．preventsnegotiationofthechequeand,therefore,has

thesameeffectasa"notnegotiable"crossing

D．isanexampleofaspecialcrossing

erstradingabroadinforeigncurrenciesmay

protectagainsttheexchangeriskbyarranging______.

A．acontractofinternationalsaleofgoods

B．acontractofmarineinsurance

C．aforwardcontracttofixtheexchangerateinadvance

D．contractforthedeliveryofgoodsbyinstallment

ninterestratewillcau______.

A．anincreainborrowingandaslowing-downofcredit

creation

B．adecreainborrowingandanincreaincreditcreation

C．anincreainborrowingandanincreaincredit

creation

D．adecreainborrowingandadecreaincreditcreation

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rethreewaysinwhichabankermaytakecurity

foranadvance:(1)lien(2)bypledge(3)bymortgage

(4)byindemnity

A．(1),(2),(3)

B．(1),(2),(4)

C．(2),(3),(4)

D．(1),(3),(4)

nythathastheuofavehicleuponpaymentof

asumofmoneyonaregularbasisoveralongperiodoftime

isusingthefinancerviceof______.

A．factoring

B．hirepurcha

C．leasing

D．installmentcredit

tomerasksyourbanktohandleacolleetion

nkare______.

A．thereimbursingbank

B．thenegotiatingbank

C．theremittingbank

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D．thecollectingbank

lowingarethebasicfunctionsofabilloflading

excepttoactas______.

A．areceiptforthegoodsfromtheshippingcompanytothe

exporter

B．acertificateoforigin,whichcertifiesthatthegoods

wereproducedinaparticularcountry

C．adocumentoftitletogoodsbeingshippedoveras

D．aquasinegotiabledocument

areattractivebecautheyarereadilyaccepted

andprovideformal______ofpayment.

A．credit

B．verification

C．clarity

D．collection

dflowsofworldcapitalintensifyfinancial

endplacespressureson

nationalgovernmenttotheirdomesticmarketsand

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liberalizeinternationalcapitalmovements.

A．remove

B．ttle

C．deregulate

D．control

nk'sperspective,liabilitieshavebecomemore

interestelastic,sothatsmallratechangescanproduce

largefluctuationsin______balances.

A．outstanding

B．outreaching

C．remaining

D．demanding

singovernmentandprivatecuritiesneedshort

-termfinancingtopurchanewcuritiesandcarrytheir

existingportfoliosofcuritiesuntilthocurities

aresoldtocustomersorreach

A．business

B．markets

C．maturity

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D．objective

ghthecompanyshowedaprofit,thebalancesheet

looksincreasingly______.

A．bright

B．dim

C．shallow

D．fragile

nancialtransactionsare______sheetitemssuch

asinterestrateswapsandarenotclearlyidentified

throughtheusualreportingchannels.

A．zero

B．capital

C．off-balance

D．major

interestrate______ondepositsorrestrictions

onmaturities,bankscanofferanydepositproductcustomers

demand.

A．cut

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B．ceilings

C．demand

D．contract

kers______thesteelcompany'snewshares,which

meanstheshareissuewillbesoldtothebankersinstead

ofthepublicdirectly.

A．underwrite

B．undercharge

C．undertake

D．underestimate

ly,______capitalloansarecuredbyaccounts

receivableorbypledgesofinventoryandcarryafloating

interestrateontheamountsactuallyborrowedagainstthe

approvedcreditline.

A．current

B．stock

C．working

D．long-term

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30.______moneyreferstocurrencyissuedonthebasisof

bank'screditinsteadofgoldrerve.

A．Fair

B．Fiduciary

C．Fixed

D．Deposit

-sitesurveillanceenablesbanksupervisorstobe

awareofthenationwideeconomictrendsandthusfacilitates

policydevelopmentinthebankingctor.

A．

B．

C．'tsay

-sitesurveillancehelpstoidentifythebanking

institutionswithpotentialproblems.

A．

B．

C．'tsay

-sitesurveillancecandonothingabouttheexisting

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problemsofbankinginstitutions.

A．

B．

C．'tsay

banksareundercapitalizedbutreluctanttotake

necessarycorrectivemeasuresvoluntarily,thesupervisor

mighttakeformalactionstoorderthebanktostopengaging

inaspecifiedpracticeorviolation.

A．

B．

C．'tsay

hofailtocomplywiththeformalremedialactions

mightfacefinancialpenaltiesorcriminalpunishment.

A．

B．

C．'tsay

anctionshererefertolegalapproval.

A．

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B．

C．'tsay

ketsfortreasurybillsinmostdeveloped

countrieshavemanydifferentbuyersandllers.

A．

B．

C．'tsay

rybillsareshort-termandvirtuallyfreeof

defaultrisk.

A．

B．

C．'tsay

orsindeepandliquidmarketsfaceimmenrisk

thattheywillnotbeabletolltheircuritieswhenthey

wantto.

A．

B．

C．'tsay

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treasurybillsdonotactuallypayinterest,they

arenotattractivetoinvestors.

A．

B．

C．'tsay

hefollowingstatementsarecorrectexcept______.

A．tradingonadocumentarybillbasisoffersmoreprotection

thantradingonthebasisofcleanbillsofexchange

B．totradeonadocumentarybillbasis,thedocumentsare

handedovertotheimporteronlyagainstacceptanceor

paymentofthebill

C．totradeonacleanbillbasis,thedocumentsarehanded

overtotheimporteronlyagainstacceptanceorpaymentof

thebill

D．totradeonadocumentarycreditbasis,thedraweris

assuredofacceptanceandpaymentbytheissuingbank

eonadocumentarybillbasis,thedocumentsare

______.

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A．releadtotheimporteronlyagainstpayment

B．releadtotheimporteragainstacceptanceandpayment

C．releadtotheimporteronlyagainstacceptance

D．releadtotheimportereitheragainstacceptanceor

paymentofthebill

/A,documentsare______.

A．releadtotheimporteragainstpaymentofthebill

B．releadtotheimporteragainstacceptanceofthebill

C．releadtotheimporteragainstpaymentoracceptance

ofthebill

D．releadtotheimporteragainstacceptanceofthesight

bill

fthefollowingstatementsiscorrect

A．Documentarycreditisalsoreferredtoasdocumentarybill.

B．Documentarycreditanddocumentarybillaredifferentin

thatunderadocumentarycredit,thedrawercanbeassured

ofacceptanceandpaymentbytheissuingbank.

C．Tradeonadocumentarycreditbasisismuchmorerisky

fromthepointofviewoftheexporter.

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D．Whenabillofexchangeisdrawnunderadocumentarycredit,

theissuingbankshouldmakeunconditionalpaymenttothe

drawer.

illofexchangeisdrawnunderadocumentary

credit,thedrawercanbeassuredofacceptanceandpayment

bythe______.

A．openingbank

B．advisingbank

C．negotiatingbank

D．theopenerofthedocumentarycredit

ingtothepassage,alloffollowingbillsof

ladingareconsidereddocumentsoftitleexcept______.

A．shortformbilloflading

B．linerbillsoflading

C．charterpartybilloflading

D．negotiablehilloflading

ladingissuedbyfreightforwarders______.

A．willbe,acceptedbythebankwithoutanycondition

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B．willnotbeacceptedbythebankevenifitappearson

itsfacetoindicatethenameofthefreightforwarderas

acarrierandtohavebeensignedbythefreightforwarder

ascarrier

C．willbeacceptedbythebankifitappearsonitsface

toindicatethenameofthefreightforwarderasacarrier

antitohavebeensignedbythefreightforwarderascarrier

D．willbeacceptedbythebankiftheletterofcreditgives

suchpermission

erpartybillofladingisusually______.

A．abillofladingindependentofthecharterparty

B．abillofladingdependentonthecharterparty

C．abillofladingdependentonthesalescontract

D．consideredtobeadocumentoftitle

ingtothepassage,the"charterparty"means

______.

A．hiringdocument

B．hiringperson

C．eitherhiringdocumentorhiringperson

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D．Noneoftheabove.

hefollowingstatementsarecorrectexcept______.

A．evenifshortformbillofladingdoesnotcontainthe

fulldetailsofthecontractofcarriage,itcanfulfillall

theotherfunctionsofbillsoflading

B．thelinerbillofladingindicatesthatgoodsarebeing

transportedonashipwhichtravelsonascheduledroute

C．acharterpartybillofladingisissuedonlybytheowner

ofashiptotheexporter

D．unlessotherwiauthorizedinthecredit,bankswillonly

acceptabillofladingissuedbyafreightforwarderifit

appearsonitsfacetoindicatethenameofthecarrierand

tohavebeensignedbythefreightforwarderasanamedagent

forthecarrier