金融英语模拟题四T4P2ReadingWord文档格式.docx

1、 C. 1995 D. 199634. C in the ROCA system refers to _. A. capital B. cash C. capacity D. compliance35. _ is not included in current account A. Trade account B. Invisible trade account C. Short term capital flow D. Unilateral transfer 36. Department of Credit must consider budgetary target, net revenu

2、e and _. A. risk B. liquidity C. cost D. others37. When average loans is 100, net credit losses is 4.2, then, the credit loss ratio is _. A. 4.2% B. 95.8% C. 0 D. 2.1%38. In credit mix, tenor refers to _. A. term of loan B. term structure of loan C. term structure of asset D. term of asset 39. If ne

3、t sales is 1,000, cost of goods sold is 600, the gross profit is _. A. 1,600 B. 400 C. 1,000 D. 600 40. Securities subject to mortgage are excluding _. A. title deeds B. life policies C. contract of property insurance D. stocksSection Two （10%） There are 10 blanks in the following passages. For each

4、 blanks there are four choices marked A, B, C, D. You should choose the best answer.Passage OneBanks face a risk of losses in _41_arising from movements in exchange rates. Established accounting principles cause these risks to be typically most _42_in a banks trading activities. Banks act as market-

5、makers in foreign exchange markets by quoting_43_to their customers and by taking _44_positions in foreign currencies. The risks inherent in foreign exchange business, particularly in running open foreign exchange positions, _45_during periods of instability in exchange rates. 41. A. positions B. ro

6、les C. importance D. currencies42. A. invisible B. visible D. difficult43. A. data B. numbers C. information D. rates44. A. open B. close C. short D. long45. A. decrease B. increaser C. lessen D. minimizePassage Two Under CAMELS rating system, banks rated 1 are _46_in every aspect, while those rated

7、 5 are likely to_47_ in the absence of immediate and substantial corrective action and external support. The composite is not determined by calculating a simple_48_ of the separate components. Rather, it is the result of a _49_assessment by the examiner-in-charge of the overall condition of the bank

8、. The composite includes additional considerations, such as the banks competitive position, including its future prospects and trends in its financial performance. Thus, the summary rating provides a broad _50_of the examiners findings regarding a banks overall financial condition and immediate pros

9、pects.46. A. bad B. sound C. worse D. reasonable47. A. fail B. succeed C. be improved D. fall48. A. average B. amount C. number D. sum49. A. extensive B. intensive C. comprehensive D. total50. A. category B. view C. measure D. prospectSection Three （10%） Read the following passages, and determine wh

10、ether the sentences are Right or Wrong. If there is not enough information to answer Wrong. choose Doesnt say. The economic internal rate of return is a generally accepted quantitative measure of the economic attractiveness of a project. It is the discount rate at which the discounted economic benef

11、its of the project are equal to the costs. If the EIRR of a project is equal to, or greater than the opportunity cost of capital in the country, the project is considered acceptable. Economic costs and benefits exclude transfer payments （such as duties and taxes） and rely on international or border

12、prices for traded goods and shadow prices for non-traded goods. In the case of goods consumed in the domestic market, the economic value （benefits） of a product equals border price （CIF） of a similar imported product plus any differences in local transport and handling costs. On the other hand, if t

13、he project exports part or all of its output, the FOB export price is the correct border price to use for the volume exported.51. The EIRR is the discounted rate which leads to the discounted economic benefits of the project equal to the costs. A. Right B. Wrong C. Doesnt say52. Economic costs and b

14、enefits include transfer payments.53. If the EIRR of a project is less than the opportunity cost of capital in a country, the project is considered acceptable.54. Border price is an important factor in economic costs and benefits.55. The FOB export price is the right border price to use for the volu

15、me of product exported.Passage TwoThe emphasis of credit portfolio management is on the importance of assets and earnings diversification, the immediate recognition as losses of all credits judged to be uncorrectable, and the maintenance of an appropriate credit loss allowance.Risk rating includes b

16、orrowers risk rating and facility risk rating. Risk rating is assigned on a scale of 1 to 10, 1 being highest quality and lowest risk.Borrowers risk rating is to differentiate credit worthiness of various customers by objective rating methodology, including default norms.To assess probability of def

17、ault, the credit officer needs to consider the borrowers financial strength, size, industry trend, market position, relation with banks and its auditors reputation.Risk rating is reviewed at least annually, based on new financial information, or any material change in financial and business conditio

18、n.Facility risk rating reflects the risk associated with a facility to the borrower and more specifically reflects the portfolio risk profile. For unsecured lending, the, facility risk rating is borrowers risk rating, for secured lending, the facility risk rating will depend on collateral risk. For

19、example, for facility with cash as collateral, the risk rating is 1, for facility secured by securities at acceptable loan ratio, the risk rating can be worse of 5, or equal to the risk rating of the securities, for facility secured by bonds at acceptable loan to value ratio, the risk rating is that

20、 of the bond.Country risk rating is assessed as follows by evaluation of a countrys creditworthiness based on its debt servicing ability, foreign exchange generation ability, and foreign exchange reserves. External credit ratings by rating agencies such as Moodys and S & P are closely followed by ma

21、ny analysts. It should be noted that local currency facility risk rating is better than country risk rating, while foreign currency facility risk rating cannot be better than country risk rating due to transferability （country） risk.56. Assets and earnings diversification is the only purpose for cre

22、dit portfolio management.57. In risk rating, 1 refers to the highest risk and lowest quality.58. Facility risk rating is also associated with the borrowers rating.59. Based on the text, local currency facility risk rating is better than foreign currency facility risk rating.60. Analysts only follow

23、the credit ratings made by Moody P.Section Four （20%） There are 4 passages in this sections. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C, D. You should choose the best answer.Getting a Bank Loan What are the three c s?Tr

24、aditionally bankers look at what are called the three s: character, credit and collateral. Character means more than not having a criminal record. It means that the banker feels confident that you are not going to suddenly disappear for parts unknown if the business runs into trouble. Specifically b

25、ankers like to see ties to the community such as long residence, family ties, and home ownership. A clean credit history is important. A couple late credit card payments shouldnt be a factor, but missing mortgage payments for three months in a row will require a good explanation. Bankers like good c

26、haracter and good credit, but they live for solid collateral. Equipment, buildings and trucks-thats the kind of stuff that bankers really like for collateral-solid value and likely to be worth a lot even if the business goes bust. Inventory, raw material and goods are second choices for collateral-t

27、hey will lose their value more quickly than fixed assets but still be worth something.Can you get a business loan?The criteria for business loans varies much more widely than for consumer loans and often varies quite a bit from one banker to the next at even the same bank! However here are some rules of thumbs to give you an idea of your chances of getting a loan.Get