金融英语问答.docx

Questions：-what does PBC stand for? On December 1，1948，the People’s Bank of China was founded in Shijiazhuang Heibei Province. --The PBC was established based on the consolidation of three banks. What were these three banks? Huabei Bank，Beihai Bank and Xibei Farmer Bank. -- How many branches does the PBC have? Can you list some?In total nine branches.Such as Tianjin Branche Bank Shanghai Branche Bank Chengdu Branche Bank and so on.--What are the big four state-owned commercial banks in China?Agricultural Bank of China China Construction Bank Industrial and Commercial Bank of China Bank Of China--What are the three policy banks in China?The Export-Import Bank of China Agricultural Development Bank of China China Development Bank-- Can you list some joint-stock commercial banks in China?Bank of Communications China Merchants Bank China Citic Bank China Minsheng Banking and so on .-- What is China’s current exchange rate regime?On July 21，2005，the PBC adopted the managed floating exchange rate regime based on market supply and with reference to a basket of currencies.--When was the IMF established?This international organization was formally created in July 1944.--What is the fundamental mission of the IMF? The fundamental mission of the IMF is to help ensure stability in the international system.-- What objectives does the IMF pursue? The IMF pursues the objiectives of 1) promoting international monetary cooperation and exchange rate stability; 2)facilitating the balanced growth of international trade ; and 3)provding resources to help members in balance of payment difficulties or to assist with poverty reduction.-- How do member countries of the IMF pay their quota subscriptions? Countries pay 25 percent of their quota subscriptions in SDRs or major currencies,such as U.S. dollars,euros,pounds sterling,or Japanese yen.They pay the remaining 75 percent in their own currencies. -- What are the SDRs?An international type of monetary reserve currency，Created in r