金融英语练习3.docVIP

Part 3 The Chinese Foreign Exchange System Section A Directions: Make the best answers from the following choices marked A, B, C, and D to accomplish the unfinished statements. 1. is the agency responsible for the examination and approval of borrowing of international commercial loans by domestic entities in China. A. The SAFE B. The PBC C. The AIC D. The State Council 2. takes the responsibility for the nationwide collection and monitor of data on external debts in China. A. The SAFE B. The PBC C. The AIC D. The State Council 3. is in charge of giving the reference rate for RMB against U.S. dollar. A. The SAFE B. The PBC C. The AIC D. The State Council 4. is responsible for foreign exchange administration in China. A. The SAFE B. The PBC C. The MOFTEC D. The State Council 5. is responsible for the supervision of foreign exchange accounts with domestic firms in China. A. The SAFE B. The PBC C. The designated banks D. The State Council 6. is in charge of supervision of overseas investments in China. A. The SAFE B. The PBC C. The AIC D. The State Council 7. is responsible for the supervision of foreign exchange accounts for capital account transactions in China. A. The SAFE B. The PBC C. The AIC D. The State Council 8. is the agency for the examination, approval, administration and registration of external guarantees in China? A. The SAFE B. The PBC C. The AIC D. The State Council 9. When you see a quotation of RMB for Hong Kong dollar is HKD 106.07 in China, with the unit of 100 HKD, this is an approach of . A. giving quotation B. offering quotation C. dollar quotation D. indirect quotation 10 When you want a quotation of Euro against Japanese Yen, you are given a price of USD against Euro, and USD against JPY. This is an approach of . A. giving quotation