國際結(jié)算選擇題(附答案)140題

1、Introduction1. To the exporter, the fastest and safest method of settlement is ( B )A. letter of credit B. cash in advance C. open account D. banker2. To the importer, the most favorable method of settlement is ( C )of credit B. cash in advance C. open account D. collection3. Which of the following

2、payment method is based on commercial credit( C )of creditsletter of guarantee C. collection D. standby credit4. An exporter sells goods to a customer abroad on FOB and on CIF terms, who isresponsible for the freight charges in each ( A ); exporter B. exporter; importerC. importer; importer D. expor

3、ter; exporter5. International cash settlement has the following disadvantages except ( B )A. expensive B. safe C. risky D. time-consuming6. CHIPS is the electronic clearing system for ( B )B. USD D. EUR7. CHAPS is the electronic clearing system for ( A )B. USD D. EUR8.From a Chinese banks point of v

4、iew , the current account it maintains ais known as ( A )A. a nostro account B. a vostro accountC. a current account home currency account9. From a Chinese banks point of view , the current account maintained bank with himis known as(B)nostro account vostro accountcurrent account foreign currency ac

5、counttrade settlement methods are used to complete the money transfers draftbroadby a foreign10. Internationalaroused by ( A)A. goods transactions B. services supplyC. current transfers D. investment incomes11. Documentary credit business is subject to ( A )A. UCP600 522 C. URDG758 D. ISP9812. Colle

6、ction business is subject to ( B )A. UCP600 522 C. URDG758 D. ISP9813. Standby credit business is subject to ( D )A. UCP600 522 C. URDG758 D. ISP98of guarantee business is subject to ( C )A. UCP600 522 C. URDG758 D. ISP9815. London is the clearing centre for ( B )A. USD B. GBP16. New York is the cle

7、aring centre for ( A )A. USD B. GBP17. Tokyo is the clearing centre for ( D )A. USD B. GBP18. Frankfurt is the clearing centre for ( C )A. USD B. GBP19. There are totally ten categories of messagetypes in SWIFT system, among which( A ) are used only to deal with remittance business.A. category 1 B.

8、category 2 C. category 4 D. category 720. There are totally ten categories of messagetypes in SWIFT system, among which( C ) are used only to deal with collection business.A. category 1 B. category 2 C. category 4 D. category 721. There are totally ten categories of messagetypes in SWIFT system, amo

9、ng which( D ) are used to deal with letter of credit business.A. category 1 B. category 3 C. category 4 D. category 722. BOJ-NET is the electronic clearing system for ( D )A. USD B. GBP23. TARGET is the electronic clearing system for ( C )A. USD B. GBP24. CHATS is the electronic clearing system for

10、( D )A. USD B. GBPthe following documents, the one which is not regarded as control documents is ( D ) A. authorizedsignaturesB. test keysC. schedule of terms and conditions D. correspondent arrangement26. The seller should arrange for the insurance of the goods transportation under ( C )Negotiable

11、instruments27. A cheque must be signed by(A)drawer B the drawee C. the payer D. the payeest28. If a cheque dated 1 Feb. 2007 was presented on(D), it would be post-dated. Mar. 2007 B. 2ndMay 2007 C. 1stFeb. 2008 D. 5th29.(A)cheque can be cashed over the counter of paying bank.A. An open B. A crossed

12、C. A general crossing D. A special crossing30. The effect of a blank endorsement is to make the cheque payable to the(C)A. specified person B, order of a specified person C. bearer D. named person31. The role of the(A)bank is to debit the cheque to the customers account.A. paying B, collecting C. ad

13、vising D. confirmingaccording to（C）A. the date of acceptance B. the date of presentationC. the date of issuance D. the date of maturity33. A（B）carries comparatively little risks and can be discounted at the finest rate of interest.A. sight bill B. bank bill C. time bill D. commercial bill34. A term

14、bill may be accepted by the（B）A. drawer B. drawee C. holder D. payee35. The party to whom the bill is addressed is called the（B）A. drawer B. drawee C. holder D. payee36. When financing is without recourse, this means that the bank has no recourseto the（D）if such drafts are dishonored.A. payer B. dra

15、wee C. acceptor D. drawer37. The（C）of a promissory note assumes the prime liability to make payment of the note.A. holder B. drawee C. maker D. acceptor38. The bill which must be presented for acceptance is（B）A. the bill payable at xx days after date B. the bill payable xx days after sightC. the bil

16、l payable on a fixed date D. the bill payable at sight39. In order to retain the liabilities of the other parties, a bill that has been dishonored must be（A）A. protestedB. given to the acceptorC. retained in the files D. presented to a bank40.（C）is not a holder of a billA. Payee B. Endorsee C. Drawe

17、r D. Bearer41. Which of the following is a relative essential item of a bill（B）32. If the bill is payable“60 days after date, the date of payment is decidedA. amount B. tenor C. payee D. drawee42. An endorsement ,which prohibits the further negotiation of the instrument ,is called（D）endorsement .A.

18、qualified B. general C. specific D. restrictive43. A check is a（D）draft drawn on a bankA. time C. direct D. demand44.An acceptance with“payable on delivery of bill of lading”on the draft is（D）acceptance acceptanceacceptance45. The（B）of the draft is the person who is instructed to make the payment .A

19、. drawer B. drawee C. payer D. payee46. The act which is never involved in promissory note business is（C）47. The act which is never involved in check business is（C）48.The draft with the tenor written as （ B ） must be presented for acceptance. at sightB.payable at 30days after sightC. payable at 30 d

20、ays after date D. payable at 30 days after shipment date49. The endorsement which has no intention to transfer the ownership of the instrument is （ D ）A. blank endorsement B. special endorsementC. conditional endorsement D. endorsement for collection50. Among the following persons, the one who has t

21、he right to endorse negotiable instruments is （ D ）A. drawer B. drawee C. endorser D. holder51. The person who has the right of recourse is the （ C ）of the negotiable instruments.A. drawer B. drawee C. holder D. acceptor52. The acceptor of a bill is the person who originallynamed as ( B ) of the bil

22、l.A. drawer B. drawee53. The first endorser of a bill is the ( C ) of the billA. drawer B. drawee54. The first holder of a bill is the ( C ) of the billA. drawer B. drawee55. Among the following crossed cheques, the one which contains the words ( D ) is a special crossedcheque.A. banker B. not negot

23、iable C. A/C payee D. Bank of ChinaRemittance56. The means of authenticating payment order in mail transfer is theA. SWIFT authentic key B. schedule of terms and conditionsC. test key D. authorized signaturesA. correspondent arrangement B. schedule of terms and conditionsC. test keyD. authorized sig

24、natures58. Which of the following is not a method of remittance(C)A. M/T B. T/T C. T/R D. D/D59. Open account as a payment method is usually used when(D)are sold under the sellers market condition are badly needed by the buyerare of special standards or special specificationsare sold under the buyer

25、s market condition60. In remittance business ,the remitting bank may send the payment order to the paying bank throughSWIFT by ( A )A. MT103 202 C. MT40057. The means of authenticatingpayment order in telegraphictransfer is the61. If the reimbursement instruction written on the payment order is expr

26、essed asin cover , we have credited your A/C with us, the A/C relationship between theremitting bank and the paying bank must be( A )A. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/C

27、s with a third bankD. remitting bank and paying bank have their A/Cs with two different banksthe reimbursement instruction written on the payment order is expressed asincover, please debit our A/C with you, the A/C relationship between the remitting bank and the payingbank must be( B )A. the paying

28、bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks63. If the reimbursement instruction written on the pa

29、yment order is expressed asin cover, we have authorized Bank A to debit our A/C and credit your A/C with them, the A/Crelationship between the remitting bank and the paying bank must be( C ) A. the paying bank maintainsan A/C with remitting bankB. the remitting bank maintains an A/C with paying bank

30、C. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and paying bank have their A/Cs with two different banks64. If the reimbursement instruction written on the payment order is expressed asin cover, we have instructed Bank X to transfer the proceeds to your

31、A/C with bank Y, the A/Crelationship between the remitting bank and the paying bank must beA. the paying bank maintains an A/C with remitting bankB. the remitting bank maintains an A/C with paying bankC. both remitting bank and paying bank maintain their A/Cs with a third bankD. remitting bank and p

32、aying bank have their A/Cs with two different banks65. In remittance business, if the paying bank maintains an A/C with remitting bank, the reimbursementinstruction should be given as ( A )cover , we have credited your A/C with uscover , please debit our A/C with youcover , we have authorized xxx ba

33、nk to debit our A/C and credit your A/C with them cover , we haveinstructed A bank to pay the proceeds to your A/C with B bank66. In remittance business, if the remitting bank maintains an A/C with paying bank, the reimbursementinstruction should be given as ( B )cover , we have credited your A/C wi

34、th uscover , please debit our A/C with youcover , we have authorized xxx bank to debit our A/C and credit your A/C with themcover , we have instructed A bank to pay the proceeds to your A/C with B bankremittance business, if both remitting bank and paying bank maintain their A/Cswith a third bank, t

35、he reimbursement instruction should be given as ( C )cover , we have credited your A/C with uscover , please debit our A/C with youcover , we have authorized xxx bank to debit our A/C and credit your A/C with themcover , we have instructed A bank to pay the proceeds to your A/C with B bank68. In rem

36、ittance business, if remitting bank and paying bank have their A/Cs withtwo different banks, the reimbursement instruction should be given as ( D )cover , we have credited your A/C with uscover , please debit our A/C with youcover , we have authorized xxx bank to debit our A/C and credit your A/C wi

37、th them cover , we haveinstructed A bank to pay the proceeds to your A/C with B bankCollection69. It will be more convenient if the collecting bank appointed by the seller（B）A. is a large bankB. is the remitting banks correspondent in the place of the importerC. is in the exporters countryD. acts on

38、 the importers instructions70. Under D/P, the documents will not be delivered to the buyer until（D）A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is paid by the buyer71. Under D/A, the documents will not be delivered to the buyer until（D）

39、A. the goods have arrivedB. the documents have arrivedC. the documents are presented to the buyerD. the bill is accepted by the buyer72. In collection business, dedailed instructions must be sent to the collecting bank（B）A. in the application formB in the collection orderC. in the documentsD. in the

40、 sales contract73. In collection business, dedailed instructions must be given to the remitting bank（A）A. in the application formB in the collection orderC. in the documentsD. in the sales contract74. In collection business, banks are obligated to verify the documents receivedto see that（C）A. they a

41、re authenticB. they are regularC. they are the same as those listed in the collection instructionD. they are in the right form75. The collecting bank will make a protest only when（C）A. the documents are rejectedB. the case of need is nominatedC. instruction to protest is given by the collection orde

42、rD. protective measures in respect of the goods are taken.76. All the parties to a collection are bound by（C）if the collection is subject to it.A. UCP500 600 C. URC52277. A bill of exchange which is accompanied by shipping documents is known as（B）A. a clean billB. a documentary billC. a clean collec

43、tionD. a documentary collection78. In documentary collection, after the goods have been shipped, the exporterpresents the documents to（B）for collectionA. the collecting bankB. the reimbursing bankC. the remitting bankD. the opening bank79. The instructions for collection are mainly（D）A. given in the

44、 S/CB. written on the bill of exchangeC. given by the importerD. given by the exporter80. Which type of collection offers the greatest security to the exporter（B）A. documents againstacceptance collectionB. documents against payment collectionC. clean collectionD. documentary collection81. Which of t

45、he following is not the obligation of the remitting bank（D）A. to complete a collection order strictly according to the principalsinstructions.B. to perform following all the instructions given by the principal.C. to keep the documents wellD. to examine the contents of documents in detail82. Which of

46、 the following is not the obligation of the collecting bank（B）verify the authenticity of the collection orderB. to take care of goodsrelease documents strictly on the delivery terms of documents.perform following all the instructions given by the remitting bank.83. Case of need in collection busines

47、s is the representative of（A）principal remitting bank collecting bank draweecollection business, the drawer of the draft for collection is （ A ）A. seller B. buyer C. remitting bank D. collecting bank85. In collection business, the drawee of the draft for collection is ( B )A. seller B. buyer C. remi

48、tting bank D. collecting bank86. If the collection instruction given by the principal specifies that collection charges are to be borne bythe drawee but with no express statement that they may be waived , charges will be for the account of( A ) providing the drawee refuses to pay them.A. principal B

49、. remitting bank C. collecting bank D. presenting banktakes the form as ( A )A. MT400 B. 410 CSWIFT takes the form as ( C )A. MT400 B. 410 C 89. The advice of dishonor sent by the collecting bank to remitting bank throughSWIFT takes the form as ( D )A. MT400 B. 410 C price term which is more favorab

50、le to the seller under collection is ( D )A. EXW B. FOB C. CFR D. CIFLetter of credit91. In L/C business , the exporter can receive the payment only when _CA. he has shipped the goods has presented the documents documents presentedconstitute a complying presentation importer has taken delivery of th

51、e goods.92. The issuing bank can refuse to pay the credit amount when _C_ applicantprevents him from making paymentgoods are not the same as those stipulated in the sales contract kind of documentrequired by L/C isnt presented.of the applicant s account is not enough for payment .93. Of the followin

52、g kinds of L/C , _B_is the L/C which require nodrafts at all.payment credit87. The adviceof payment sent by the collectingbank to remittingbank through SWIFT88. The advice ofacceptance sent bythe collecting bank to remittingbank throughpayment creditcreditcredit94. Of the following kindsof L/C , ( C

53、 ) isthe L/C in which drafts arealways required.payment creditpayment creditcreditcredit95. Of the following kinds of L/C, _ D_is the L/C which is especiallysuitable for use to settle the payment of trade conducted through a middleman.creditcreditcreditto back credit96. Of the following kinds of L/C

54、,_A_is the L/C which is especiallysuitable for use to settle the payment of trade conducted through a middleman.A. transferable creditB. reciprocal creditC.revolving credit credit97 Of the following kinds of L/C, _C_is the L/C which is especiallysuitable for use to settle the payment under a long te

55、rn contract covering goods to betransported by regular partial shipments.creditcreditcreditto back creditthe following kinds of L/C, _ B_is the L/C which is especiallysuitable for use to settle the payment under barter transaction. creditcreditcreditto back credit99. Confirmation of a credit may be

56、given by BA. the beneficiary at the request of the importerB. the advising bank at the request of the issuing bankC. the advising bank after the receipt of correct documentationD. the issuing bank after the receipt of correct documentation100. The credit may only be confirmed if it is so authorized

57、or requested by ( A )A. the issuing bankB. the supplierC. the advising bankD. the beneficiary101. The beneficiary of a transferred credit is ( C )A. the negotiating bankB. the middlemanC. the actual supplierD. the beneficiary of the transferable credit102. The second beneficiary of a transferable le

58、tter of credit is the( D )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the goods103. The first beneficiary of a transferable letter of credit is the( A )A. middlemanB. transferring bankC. the applicant of the transferred creditD. real supplier of the

59、goods104. The sum of the transferred credit will normally be ( B )A. the same as in the credit before transferB. less than in the credit before transferC. more than in the credit before transferD. equal to the original credit105. The terms and conditions of the transferred credit can be different fr

60、om theoriginal credit in the following aspects, with the exception of( C ).amount of the creditunit price stated in the creditquantity stated in the creditD. the expiry date, the period for presentation, or the latest shipment date106. Under the anticipatory credit,on which party does the finalrespo