Which banks may become a transferring bank？ （1)（) Confirming bank （2)（) Nominated bank （3)（) S

ct on which the credit may be based.

(3)

A．Banks will deal with the documentary credit along with the sales contract.

B．Banks take no care of the sales contract while dealing with the documentary credit.

C．Documentary credit and the sales contract are both important to banks.

D．Banks will care for either the documentary credit or the sales contract.

In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.

Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.

(46)

A．alter

B．vary

C．turn

D．convert

听力原文： The inter-bank market is important because through banks' lending and borrowing, a short-term interest rate can be determined. This interest rate indicates the marginal cost of acquiring short-term liquidity needed by banks in the money market. Thus, the lending is usually for short-term liquidity needs which is usually overnight. Some lending transactions may be arranged for a longer period of time, usually up to 3 months. The inter-bank money market is well established and active in Hong Kong, with an average daily turnover of HK $ 38 billion in late 1991. Lenders are mostly the locally incorporated banks and major borrowers are the foreign banks that do not have adequate deposit base in local currency.

28. What can be determined through inter-bank lending and borrowing？

29.How long is the usual period of short-term liquidity needed by banks？

30.Who are the major lenders in the inter-bank market？

(28)

A．A long-term interest rate.

B．A long-term loan.

C．A short-term interest rate.

D．A short-term loan.

The bank (56) borrowers enough interest to pay the expense of the bank and have something left over for (57) . The interest cannot be higher than the legal rate, which is established by state law and in most states is 6% per year. (58) big loans, the interest rate is much less, even as low as 2%. The rate depends on the money market, when there is plenty of money (59) to be borrowed, banks charge low rates of interest. A savings bank may pay its depositors 2% and lend the money at 3.5% or 4%. But when money is tight, interest rates go up, and a savings bank may try to (60) depositors by offering 4% or 4.5% or even more and lending the money at 5% or 6%.

(41)

A．receives

B．gets

C．charges

D．pays

hich he may demand at any time. Primarily, the bank customer relationship is that of debtor and creditor—【C1】______ is which depending on whether the customers account is in credit or is overdrawn. However, 【C2】______addition to that basically simple concept, the bank and its customer owes a large number of obligations to one another. Many of these obligations can give【C3】______ to problems and complications but a bank customer, unlike, say, a buyer of goods, cannot complain that the law is loaded against him. The bank must body its customers【C4】______ , and not those of anyone else. When, for example, a customer first opens an account, he instructs the bank to debit his account【C5】______in respect of cheques drawn by himself. He gives the bank specimens of his【C6】______, and there is a very firm rule that the bank has no right or authority to pay out a customers money on a cheque on which its customers signature has been【C7】______ . It makes no【C8】______ that the forgery may have been a very skillful one: the bank must【C9】______ its customers signature. For this reason there is no risk to the customer in the modern practice, adopted by some banks, of printing the customers name on his cheques. 【C10】______this facilitates forgery, it is the bank that will lose, not the customer.

【C1】

A．what

B．when

C．who

D．why

听力原文： Some banks offer other types of loans repayable by monthly installments, such as business development loans, house improvement loans, and farm development loans. These may be either secured or unsecured. Secured loans attract a slightly lower rate of interest than unsecured loans. Some banks offer revolving credit schemes. These normally involve loans repayable by regular monthly installments, but they differ from other loans repayable by installments in two respects. First, the borrower need not take up the full amount of the loan at the outset. Secondly, as his repayments reduce his indebtedness, he can "top up" his loan by borrowing more, provided that the total debt outstanding does not exceed his agreed credit limit. In 1967 some banks introduced a new form. of account called a "budget account". The object is to allow personal customers to spread the incidence of normal personal and household expenditure.

24. Which of the following loans is not repaid by installments？

25.Which of the following loans would attract a lower rate of interest？

26.How does a borrower "top up" his loan？

27.What is the objective of introduction of the budget account？

(24)

A．Business development loans.

B．House improvement loans.

C．Farm development loans.

D．Overdrafts.

Until recently the opportunities for criminal activities on the Internet have been low. However， the volume of business done on the Internet is growing rapidly，as people order books and other products and make money transactions. All this is creating temptations for hackers(黑客).

Hackers are often young people who are interested in computers. They use them to move quietly to the Internet，looking for ways to break into computers systems run by banks，telephone companies and even Government departments. They look for examples of credit cards and try to steal the numbers.

Hackers rarely admit to a successful break-in. The first indication of a hacking may be when a customer discovers a wrong money transaction on a credit card account. It is harder to check on somebody misusing an online connection unless there is a massive down load of information which would call the attention of the consumer.

The main idea of the first paragraph is that ______.

A. the opportunities for criminal activities on the Internet have been low

B. the opportunities for criminal activities on the Internet are low

C. there are more opportunities for criminal activities on the Internet

D. people should not make money transactions on the Internet

The word "temptations" in the first paragraph is closest in meaning to ______.

A. interests

B. attractions

C. benefits

D. profits

In the passage， it's said that hackers may attack the Internet system of all the following institutions except _____.

A. banks

B. telephone companies

C. universities

D. government departments

Which of the following is not the reason for a hacking being found？

A. The customer found something wrong with his account.

B. There was a huge amount of information being downloaded.

C. There was a wrong money transaction.

D. The hacker proudly admitted his successful break-in.

In the last sentence of the paragraph， "somebody" refers to a______.

A. customer

B. card user

C. hacker

D. bank clerk

wo-year period. Repayment of the loan begins six months after the student leaves school. These loans carry on interest until this time. The current interest rate is 5 percent. Students may borrow up to $4， 500 annually from a bank， credit union， savings and loan association or other eligible lender.

Repayment on these loans usually begins six months after the student leaves school. These loans carry no interest until this time. This current interest rate is 9 percent. Parents may borrow up to $ 300 annually for each dependent college. Repayment begins forty-five days after receiving the loan， and the interest rate is 12 percent.

Which of the following is the main purpose？

A.To remind students and their families to repay their loan.

B.To compare interest rates.

C.To inform students and parents of the various loans available.

D.To show that government loans charge the least interest.

The highest interest rate is charged to _______.A.full-time students

B.parents

C.students borrowing from a credit union

D.half-time students

If parents had three children in college how much could they borrow annually？A.900

B.3， 000

C.300

D.9，000

According to the passage which of the following is true？A.The government lends students enrolled at least half time up to 3， 000 annually.

B.Students may borrow up to $4， 500 annually from four sources.

C.Students enrolled less than half time may borrow money.

D.The current interest rate from banks is 5 percent.

It can be inferred from the passage that _______.A.the student‘s school determines who is an eligible lender

B.money is available for student loans

C.students need not be enrolled half time to borrow money

D.the interest rate on student loans is increasing

请帮忙给出每个问题的正确答案和分析，谢谢！

When anyone opens a current account at a bank, he is lending the bank money. He may (1)_____ the repayment of the money at any time, either (2)_____ cash or by drawing a check in favor of another person.(3)_____, the banker-customer relationship is that of debtor and creditor who is (4)_____ depending on whether the customer's account is (5)_____ credit or is overdrawn. But, in (6)_____ to that basically simple concept, the bank and its customer (7)_____ a large number of obligations to one another. Many of these obligations can give (8)_____ to problems and complications but a bank customer, unlike, say, a buyer of goods, cannot complain that the law is (9)_____ against him.

The bank must (10)_____ its customer's instructions, and not those of anyone else. (11)_____, for example, a customer opens an account, he instructs the bank to debit his account only in (12)_____ of checks drawn by himself. He gives the bank (13)_____ of his signature, and there is a very firm rule that the bank has no right or (14)_____ to pay out a customer's money (15)_____ a check on which its customer's signature has been (16)_____. It makes no difference that the forgery may have been a very (17)_____ one: the bank must recognize its customer's signature. For this reason there is no (18)_____ to the customer in the practice, (19)_____ by banks, of printing the customer's name on his checks. If this (20)_____ forgery, it is the bank that will lose, not the customer.

A．acquire

B．deposit

C．demand

D．derive

Banks are subject to various forms of legal risk, including inadequate or incorrect (56) advice or documentation that may result in unexpected decline in the value of (57) or unexpected increase in the value of liabilities. In addition, existing laws may (58) resolve legal issues involving a bank; a court case involving a (59) bank may have wider implications for banking business and involve costs to it and many or all other banks; and, laws (60) banks or other commercial enterprises may change. Banks are particularly susceptible to legal risks when entering new types of transactions and when the legal right of a counterpart to enter into a transaction is not established.

(41)

A．bank

B．financial

C．legal

D．governmental