As for a collection, the presenting bank makes presentation to the drawer for acceptance/payment.
A.Right
B.Wrong
C.Doesn't say
第1题:
The banks will be punished by the Reserve Bank if they refuse to cooperate.
A.Right
B.Wrong
C.Doesn't say
第2题:
A commercial bank should try its best to increase the profits of its creditor and ownership sources.
A.Right
B.Wrong
C.Doesn't say
第3题:
A sound bank will not suffer from the bankruptcy of other unrelated banks.
A.Right
B.Wrong
C.Doesn't say
第4题:
If employees of a bank gamble in foreign exchange dealings with the bank's money, the bank will suffer heavy losses of foreign currencies.
A.Right
B.Wrong
C.Doesn't say
第5题:
The remitting bank in the procedure of a collection may not be the collecting bank.
A.Right
B.Wrong
C.Doesn't say
第6题:
In foreign collection basis the importer and exporter trade upon their reputation.
A.Right
B.Wrong
C.Doesn't say
第7题:
听力原文:M: Well, what other documents shall I hand in to your bank besides bills of lading?
W: A sight draft, an insurance policy, and a collection order which contains instructions on collection operation to our bank.
Q: What are they talking about???
(18)
A.Presentation of bill of exchange for payment.
B.Documents required for a collection operation.
C.Application for a letter of credit.
D.What are contained in a collection order.
第8题:
"Balance Sheet" means the statement on which a bank's assets and liabilities are listed.
A.Right
B.Wrong
C.Doesn't say
第9题:
In the case of documents payable at sight the presenting bank must make presentation for payment without delay.
第10题:
W e will present the draft _______acceptance by your bank.
第11题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. Under D/A , the importer can gets what he needs – the shipping documents only by().
第12题:
对
错
第13题:
The recovery of funds of a commercial bank is ideally managed on a parallel with its expenditure.
A.Right
B.Wrong
C.Doesn't say
第14题:
听力原文:The bank has special obligation to depositors, because it makes profits from their money as well as its own.
(4)
A.The bank makes profits only from its own money.
B.The bank makes profits from not only the deposits but also its own money.
C.The bank has special obligation to make profits.
D.The bank makes profits by having special obligations to depositors.
第15题:
听力原文:The encashing bank forwards the cheque to the drawer's bank for payment and reimbursement.
(5)
A.The paying bank sends the check to the remitting bank for repayment.
B.The remitting bank sends the check to the paying bank for repayment.
C.The collecting bank sends the check to the remitting bank for repayment.
D.The remitting bank sends the check to the collecting bank for repayment.
第16题:
听力原文:If a remitting bank fails to take proper care in the outward collection, the exporter will soon transfer his account to one which does.
(7)
A.If a remitting bank cannot take proper care in collection, the exporter will do it himself.
B.If a remitting bank cannot fulfill its obligation in collection, the exporter will claim indemnify for it.
C.If a remitting bank cannot take proper care in collection, it will lose a customer.
D.If a remitting bank cannot fulfill its obligation in collection, it will cause loss to the exporter.
第17题:
The collecting bank only acts upon the instructions given in the collection order of the presenting bank.
A.Right
B.Wrong
C.Doesn't say
第18题:
The exporter has gotten the funds before he ships the goods in foreign collection.
A.Right
B.Wrong
C.Doesn't say
第19题:
The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.
A.Right
B.Wrong
C.Doesn't say
第20题:
In the case of documents payable at sight the presenting bank must make presentation for payment without delay.
A对
B错
第21题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. In a transaction, if payment is made by collection, then the remitting bank is always located in()
第22题:
Questions from 31 to 35 are based on the following passage: The exporter, as drawer of a draft (bill of exchange), hands the draft to his bank, the remitting bank, who in turn forwards it to the buyer through a collecting bank in the buyer’s country. A draft (also called a bill) is a written order to a bank or a customer to pay someone on demand or at a fixed time in the future a certain sum of money. If shipping documents accompany the draft, the collection is called “documentary collection.” Documentary collection falls into two major categories: one is documents against payment(D/P); the other, documents against acceptance (D/A). Documents against payment, as the term suggests, is that the collecting bank will only give the shipping documents representing the title to the goods on the condition that the buyer makes payment. Where the paying arrangement is D/A, the collecting bank will only give the buyer the shipping documents after buyer’s acceptance of the bill drawn on him, i.e. the buyer signs his name on the bill promising to pay the sum when it matures. In return he gets what he needs – the shipping documents. Under D/A, the seller gives up the title to the goods – shipping documents before he gets payment of the goods. Therefore, an exporter must think twice before he accepts such paying arrangement. Under D/P , the importer can obtain the goods only by().
第23题:
The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. ()