Many of the banks and travel services in the western countries provide convenience for
A.checks
B.credit cards
C.cash
A.checks
B.credit cards
C.cash
第1题
第2题
听力原文:Many banks in America now carry accounts with the Bank of China, Shanghai.
(5)
A.Many banks in America accept accounts with the Bank of China, Shanghai.
B.Many banks in America start business with the Bank of China, Shanghai.
C.Many banks in America have accounts with the Bank of China, Shanghai.
D.Many banks in America owe money to the Bank of China, Shanghai.
第3题
A.The governments of many countries want to control banks
B.There are too many troubles in banking sector
C.It is crucial to stabilize the financial sector and the whole economy
D.The banks make much more deposit insurance fund
第4题
A.Right
B.Wrong
C.Doesn't say
第5题
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
第6题
The restrictive laws that the courts are interpreting are mainly a legacy of the bank failures of the 1930s. The current high rate -- higher than at any time since the Great Depression -- has made legislators afraid to remove the restrictions. While legislative timidity is understandable, it is also mistaken. One reason so many American banks are getting into trouble is precisely that the old restrictions make it hard for them to build a domestic base large and strong enough to support their activities in today's telecommunicating round-the-clock, around-the-world financial markets. In trying to escape from these restrictions, banks are taking enormous, and what should be unnecessary, risks. For example, would a large bank be buying small, failed savings banks at inflated prices if federal law and states' regulations permitted that bank to expand through the acquisition of financially healthy banks in the region7 Of course not. The solution is clear American banks will be sounder when they are not geographically limited. The House of Representative's banking committee has shown part of the way forward by recommending common-sensible, though limited, legislation for a five-year transition to nationwide banking. This would give regional banks time to group together to form. counterweights to the big money-center banks. Without this breathing space the big money-legislation should be regarded as only a way station on the road towards a complete examination of American's suitable banking legislation.
The author’s attitude towards the current banking laws is best described as one of _______.
A.concerned dissatisfaction
B.tolerant disapproval
C.uncaring indifference
D.great admiration
第7题
A.a bank is closed for one or more days
B.too many depositors try to draw out their money at one time
C.there is not enough money to pay all its depositors at one time
D.tellers of a bank take their own money from the bank
第8题
听力原文: A house is the most expensive thing most people will ever buy. Very few people have enough money of their own to buy a home, so they have to borrow money from a bank. Borrowing money from a bank to buy a house is called taking a mortgage. The hank usually lends money or gives a mortgage for 25 years. This means that the person who borrows has 25 years to pay back the money. The bank lends this money with interest, and the borrower makes equal monthly payments to the hank until he has paid the mortgage. Houses are so expensive that many people nowadays have to borrow as much as $50,000. In other words, they will have a $50,000 mortgage.
How can you get a mortgage? When you find a house you like, you go to a bank, sometimes it is necessary to go to a few banks, before applying for a mortgage at once. The bank will investigate your financial history and decide if they think you axe a good risk. They will want to know what kind of job you have. In addition, the banks will require a down payment. Depending on which state you live in, the bank may require as much as 30% of the price of the house as a down payment. The bank will then lend you the rest of the money to buy the house. Many people are never able to buy a house because they cannot save enough money for the down payment.
(30)
A.It means to rent a house for 25 years.
B.It means to buy an old house at a low price.
C.It means to borrow money from a bank to buy a house.
D.It means to borrow money from a friend to buy a house.
第9题
A major function of self-help networks is financial support. Most scholars agree that minority business owners have depended primarily on family funds and ethnic community resources for investment capital. Personal savings have been accumulated often through frugal living habits that require sacrifices by the entire family and are thus a product of long-term family financial behavior. Additional loans and gifts from relatives forthcoming because of group obligation rather than narrow investment calculation, have supplemented personal savings. Individual entrepreneurs do not necessarily rely on their kin because they cannot obtain financial backing from commercial resources. They may actually avoid banks because they assume that commercial institutions either cannot comprehend the special needs of minority enterprise or charge unreasonably high interest rates.
Within the larger ethnic community, rotating credit associations have been used to raise capital. These associations arc informal clubs of friends and other trusted members of the ethnic group who make regular contributions to a fund that is given to each contributor in rotation. One author estimates that 40 percent of New York Chinatown firms established during 1900-1950 utilized such associations as their initial source of capital. However, recent immigrants and third or fourth generations of older groups now employ rotating credit associations only occasionally to raise investment funds. Some groups like Black Americans, found other means of financial support for their entrepreneurial efforts. The first Black-operated banks were created in the late nineteenth century as depositories for dues collected from fraternal or lodge groups, which themselves had sprung from Black churches. Black banks made limited investments in other Black enterprises. Irish immigrants in American cities organized many building and loan associations to provide capital for home construction and purchase. They in turn, provided work for many Irish home-building contractor firms. Other ethnic and minority groups followed similar practices in founding ethnic-directed financial institutions.
Which of the following can be inferred from the passage about rotating credit associations?
A.They were developed exclusively by Chinese immigrants.
B.They accounted for a significant portion of the investment capital used by Chinese immigrants in blew York in the early twentieth century.
C.Third- generation members of an immigrant group who started businesses in the 1920's would have been unlikely to rely on them.
D.Recent immigrants still frequently turn to rotating credit associations instead of banks for investment capital.
第10题
Section B
Directions: In this section, you will hear 3 short passages. At the end of each passage, you will hear some questions. Both the passage and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D.
听力原文: Do you know how to advertise for a bank? If you ask people about the functions of a bank, they would probably say that the bank is where you can deposit money and cash a check. But it's much more than these. And we have to tell people this in our advertisement.
There are several things to think about for a bank advertisement. (26)The first problem is to decide who should be our audience. Should our advertisement be aimed at adults with full employment only? Or should it also appeal to students, housewives, retired workers, or even children? It is a good idea to address the largest possible audience. If we introduce the name of our bank to children they will never forget it.
The next question is how to attract people of different social groups to our bank. The usual tip is to offer free gifts, for example, portable radios or T-shirts for the young and gold pens for business executives. That always works. But what do we give to our best customers? That's another question. What about leather diaries, for example?
Banks are very competitive. We have to think of something new to offer our customers. That's the third problem. Ours is one of the first banks to have drive-in service and to open on Saturdays, but now many banks do. Most banks also offer a variety of checking and saving accounts and a full range of investment plans to suit the needs of their customers, as well as the 24-hour ATM banking which makes it much faster and easier for customers to withdraw cash or do other things. (27)To attract more customers to our bank, it is essential that we have something that no other bank offers.
(27)
A.Business executives, housewives and college students.
B.Parents planning for their children's education.
C.Adults with or without full employment, students, housewives, and retired people.
D.Best customers only.