CDs may be exchanged for money before its maturity date either in money markets or at commercial banks.A．RightB．WrongC．Doesn't say
CDs may be exchanged for money before its maturity date either in money markets or at commercial banks.
A．Right
B．Wrong
C．Doesn't say
相关考题：
听力原文： A certificate of deposit (CD) is a time deposit with a bank. Time deposits may not be withdrawn on demand like a check account. CDs are generally issued by commercial banks but they can be bought through brokerages. They bear a specific maturity date that usually lasts from 3 months to 5 years, a specified interest rate, and can be issued in any denomination, very similar to bonds. CDs offer a slightly higher yield than T-Bills because of the slightly higher default risk for a bank, but overall the likeliness of a large bank going broke is pretty slim. Of course, the amount of interest you earn depends on a number of factors such as the current interest rate environment, how much money you invest, the length of time, and your specific bank.24. What is a CD?25.Which of the followings generally issue CDs?26.How long does a specific maturity usually last?27.Why do CDs pay higher return to investors than T-bills?(24)A．A term deposit that can be drawn at any time.B．A time deposit with a bank.C．A current deposit.D．A cheek account.
You should deposit a certain amount of money with a bank before you buy a house.A．RightB．WrongC．Doesn't say
The recovery of funds of a commercial bank is ideally managed on a parallel with its expenditure.A．RightB．WrongC．Doesn't say
A commercial bank should try its best to increase the profits of its creditor and ownership sources.A．RightB．WrongC．Doesn't say
A sound bank will not suffer from the bankruptcy of other unrelated banks.A．RightB．WrongC．Doesn't say
A commercial bank shall establish and improve its system of internal control according to law.A．RightB．WrongC．Doesn't say
A credit card is a plastic card and the like to be used to obtain money, goods, or services and an overdraft is not allowed.A．RightB．WrongC．Doesn't say
What will happen if there is one commercial bank and no thrifts in a small town?A．The residents will deposit their money with the bank.B．The local bank will provide business loans to the commercial bank.C．Some large banks will transport money by check to the bank.D．People in the area will not deposit money with the bank.
A certificate of deposit (CD) is issued by a depository- institution (56) that the holder has deposited at the institution a certain mount of money for a certain period of time. By issuing a certificate of deposit, a bank, or (57) institution, gives its pledge to (58) the certificate at maturity and to pay a certain rate of interest for the use of the deposited funds.Certificates of deposit are issued in several different forms. They may be negotiable or nonnegotiable, If a CD is negotiable it may be sold on the secondary market (59) to maturity. Usually only large CDs are issued in negotiable form. CDs may also be issued either in bearer or registered form. Negotiable CDs are usually always issued in bearer form. because of the ease with which ownership may be (60) .(41)A．evidenceB．factC．proofD．prove
If a consumer wants to sell his CDs before the maturity date, he would do it in the primary markets.A．RightB．WrongC．Doesn't say
The bank (56) borrowers enough interest to pay the expense of the bank and have something left over for (57) . The interest cannot be higher than the legal rate, which is established by state law and in most states is 6% per year. (58) big loans, the interest rate is much less, even as low as 2%. The rate depends on the money market, when there is plenty of money (59) to be borrowed, banks charge low rates of interest. A savings bank may pay its depositors 2% and lend the money at 3.5% or 4%. But when money is tight, interest rates go up, and a savings bank may try to (60) depositors by offering 4% or 4.5% or even more and lending the money at 5% or 6%.(41)A．receivesB．getsC．chargesD．pays
The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.A．RightB．WrongC．Doesn't say
Which of the following statements is NOT true about the CCRIF?（ ）[A] The sources of its fund are private donations and financing of member countries.[B] Its supplemental payouts are attainable from international reinsurance markets.[C] The amount of the insurance payout is decided by the seriousness of the natural disaster.[D] The government can resume its overall operation with the insurance money after the strike.
共用题干第二篇Sometimes love really can be measured in pounds and pence.It's an annual argument.Do we or do we not go on holiday?My partner says no because the boiler could go bad,or the roof fall off,and we have no savings to save us.I say that you only live once and we work hard and what's the point if you can't go on holiday.The joy of a recession means no argument next year一we just won't go.Since money is reputed to be one of the things most likely to bring a relationship to its knees, we should be grateful.For many families the recession means more than not booking a holiday. A YouGov poll of 2,000 people in May this year found 22%said they were arguing more with their partners because of concerns about money.What's less clear is whether divorce and separation rates rise in a recession一financial pressures mean couples argue more but make splitting up less affordable.A recent report from ICOR(the online Information Centre on Relationships)cited research showing arguments about money were especially damaging to couple一even more so to their children.Disputes were characterised by intense verbal aggression,tended to be repeated and not re-solved,and made men,more than women,extremely angry.So why are arguments about money so emotive?Since they seem to be so even without a recession,they have to be about more than literally pounds and pence.Kim Stephenson,an occupational psychologist,believes money is such a big deal because of what it symbolises,which may be different things to men and women."People can say the same things about money but have different conceptions of what it is for,"he explains."They will say it's to save,to spend,for security,for freedom,to show someone you love them,to keep score."He says men are more likely to see money as a way of buying status,of trying to best the man down the road who's just bought a flash car,and of showing their parents that they've achieved something. He warns that,while couples need enough money not to struggle and be unhappy,an extra ￡5,000 above that amount won't make them any happier."The biggest problem is that couples assume each other knows what is going on with their finances,but they don't. There seems to be more of a taboo about talking about money than talking about death.But you both need to know what you are doing,who is paying what into the joint account and how much you keep separately.In a healthy relationship,you don't have to agree about money, but you have to talk about it."Research from a wholesome organization in the U.S. called the National Healthy Marriage Resource Center says that establishing a"fair and equitable pattern of handling money early in marriage appears to be important for the quality and stability of the marriage".Admitting your incomes to each other and making budgets for your household expenses may not seem romantic but it is,in fact, the real language of love.What does the author mean by saying "money is known···to bring a relationship to its knees"?A:Money is considered to be the root of all evils.B:Some people sacrifice their dignity for money.C:Few people can resist the temptation of money.D:Disputes over money may ruin a relationship.
资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.Maturity Period: Flexible to your needsYou may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.Minimum Amount: Easy to StartThe minimum amount accepted is USD 2000Other Features:1.FDIC Insurance Up to $100,0002.Facility to Open Joint & Corporate AccountsAdditional Deposits:Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.Early Withdrawal:Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.According to the passage, which of the following is NOT true about Star CD? （ ）A.The minimum amount to invest is USD 2000.B.You may choose any maturity date as you wish.C.The rates on certificate of deposits may vary day to day.D.Separate certificates of deposits will be issued for additional deposits.
资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.Maturity Period: Flexible to your needsYou may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.Minimum Amount: Easy to StartThe minimum amount accepted is USD 2000Other Features:1.FDIC Insurance Up to $100,0002.Facility to Open Joint & Corporate AccountsAdditional Deposits:Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.Early Withdrawal:Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.The CD’s annual percentage yield is （ ） annual interest rate.A.more thanB.less thanC.the same asD.not comparable with
资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.Maturity Period: Flexible to your needsYou may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.Minimum Amount: Easy to StartThe minimum amount accepted is USD 2000Other Features:1.FDIC Insurance Up to $100,0002.Facility to Open Joint & Corporate AccountsAdditional Deposits:Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.Early Withdrawal:Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.For deposit running for more than 30 days, early withdrawal may be （ ）, （ ） penalty or charge.A.allowed, withoutB.banned, withC.allowed, withD.banned, without
资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.Maturity Period: Flexible to your needsYou may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.Minimum Amount: Easy to StartThe minimum amount accepted is USD 2000Other Features:1.FDIC Insurance Up to $100,0002.Facility to Open Joint & Corporate AccountsAdditional Deposits:Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.Early Withdrawal:Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.Which of the following statements is true? （ ）A.CD is automatically renewed for the same period unless having other instruction.B.CD isn’t automatically renewed for the same period at the ruling rate of interest on the date of renewal.C.CD is automatically renewed for the same period without any other instruction.D.CD is automatically renewed for the same period with permission of the bank manager.
资料：Bank CD is the instrument uniformly figuring in the investment options of most investors. Bank of India CDs are safe, FDIC insured therefore, annual percentage yield is same as annual interest rate. The interest is payable on the day of maturity of deposit. Interest paid during the year is reported to Internal Revenue Services. For today’s rates please refer to Current Rates of Interest on STAR CDs.Maturity Period: Flexible to your needsYou may choose any maturity date with a minimum period of 7 days to a maximum period of 1 year to suit your needs. Your CD is automatically renewed for the same period in absence of any other instruction, at the ruling rate of interest on the date of renewal. There is no grace period for automatic renewal of deposits on maturity. For deposits issued for 1 year or more, we send maturity notices to the depositors 2 to 4 weeks before the due date.Minimum Amount: Easy to StartThe minimum amount accepted is USD 2000Other Features:1.FDIC Insurance Up to $100,0002.Facility to Open Joint & Corporate AccountsAdditional Deposits:Additional amounts deposited into an account will be treated as fresh deposits & separate certificates of deposits will be issued for such deposits.Early Withdrawal:Withdrawal of deposit before its date of maturity may be allowed at bank’s discretion. In that event, interest will be paid at the rate applicable for the period for which the deposit remained with the bank or the contracted rate, whichever is lower, as prevailing on the date of deposit, less one percent. However, no interest shall be paid on the deposit which runs for less than 30 days. There is no other penalty or charge on early withdrawal.Bank of India CDs are safe because （ ）A.CD is a safe instrument.B.Bank of India is safe.C.CD is insuredD.All of the above
共用题干第二篇Saving MoneyWhere you save your money often depends on what you are saving for.If you are saving to buy a dictionary or to go to a concert,then probably keep your money somewhere in your room.If you are saving for a big purchase like a mountain bike or a school trip,where would you save your money?One place to save money is the bank.Putting your money in a savings account will help your money earn more money.If you put your money in a piggy bank（猪形储蓄罐）,one year later you'll still have the same amount of money you put in.If you put your money in a savings account,one year later,you'll have more money than you put in.Why?When you keep your money in a bank,your money earns interest.Interest is the amount of money a bank pays you to use your money.The bank uses your money(and the money of other people,too)to loan money to people and businesses.The bank will send you a statement several times a year.A bank statement tells you how much money there is in your account.It also tells you how much interest you have earned.If you leave your money in the bank,you can watch it grow!Another way you can save money is to buy a certificate of deposit or CD.If you have some money that you don't need to use for a long time,this is a good way to make your money grow.You can buy a CD at a bank.You agree not to use the money for a certain period of time.That period might be from six months to five years.You can't touch your money during that time.If you do,you must pay a penalty,or fee.Since the bank is using your money for that time period,it will pay you interest.You will earn more interest with a CD than in a savings account.Can you guess why?It's because you promise to leave your money in the bank for a certain period of time.Banks pay different rates of interest.So,you may want to compare rates in newspaper ads before buying a CD.If you draw your money before it is due,A:you have to pay interest to the bank.B:you have to close your account.C:you have to open a new account.D:you have to pay a penalty or fee.
共用题干第三篇Saving MoneyWhere you save your money often depends on what you are saving for. If you are saving to buy a dictionary or to go to a concert,then probably keep your money somewhere in your room.If you are saving for a big purchase like a mountain bike or a school trip,where would you save your money?One place to save money is the bank.Putting your money in a savings account will help your money earn more money. If you put your money in a piggy bank（猪形储蓄罐）, one year later you'll still have the same amount of money you put in?If you put your money in a savings account,one year later,you'll have more money than you put in.Why?When you keep your money in a bank,your money earns interest.Interest is the amount of money a bank pays you to use your money.The bank uses your money(and the money of other people,too)to loan money to people and businesses.The bank will send you a statement several times a year. A bank statement tells you how much money there is in your account. It also tells you how much interest you have earned.If you leave your money in the bank,you can watch it grow!Another way you can save money is to buy a certificate of deposit or CD.If you have some money that you don't need to use for a long time,this is a good way to make your money grow. You can buy a CD at a bank.You agree not to use the money for a certain period of time.That period might be from six months to five years.You can't touch your money during that time.If you do,you must pay a penalty,or fee.Since the bank is using your money for that time period,it will pay you interest.You will earn more interest with a CD than in a savings account. Can you guess why?It's because you promise to leave your money in the bank for a certain period of time.Banks pay different rates of interest.So, you may want to compare rates in newspaper ads before buying a CD.A bank statement tells you_______.A:the amount of money you have in the bankB:the current rates of interestC:the current rates of exchangeD:the best way to save your money
In Money Everything I don’t think money is everything,but we can’t do without it.Fox example,money can’t buy us happiness and a good education.And for another example,money can’t buy us good health and a long life.But we can not live without money.We need it for our daily necessities such as food,clothes and transportation.What’s more,we need it to live a better life.In short,we should learn the value of money and make the most of its advantages.
单选题Haburi’s business model __________.Ais famous for its own Internet webpageBcould reach $10 billion in sales annuallyCwants to borrow the concept of out-of-town shopping mallsDtends to make money by selling cheaper commercial goods.
单选题Interest rates will usually increase after people have borrowed money.ARight.BWrong.CDoesn’t say.
单选题Haburi’s business model.Ais famous for its own Internet webpageBcould reach $10 billion in sales annuallyCwants to borrow the concept of out-of-town shopping mallsDtends to make money by selling cheaper commercial goods.
单选题Income Income may be national income and personal income. Whereas national income is defined as the total earned income of all the factors of production-namely, profits, interest, rent, wages, and other compensation for labor, personal income may be defined as total money income received by individuals before personal taxes are paid. National income does not equal GNP (Gross National Product) because the factors of production do not receive payment for either capital consumption allowances or indirect business taxes, both of which are included in GNP. The money put aside for capital consumption is for replacement and thus is not counted as income. Indirect taxes include sales taxes, property taxes , and excise taxes that are paid by businesses directly to the government and so reduce the income left to pay for the factors of production. Three-fourths of national income goes for wages, salaries, and other forms of compensation to employees. Whereas national income shows the income that the factors of production earn, personal income measures the income that individuals or households receive. Corporation profits are included in national income because they are earned. Out of these profits, however, corporation profit taxes must be paid to the government, and some money must be put into the business for expansion. Only that part of profits distributed as dividends goes to the individual; therefore, out of corporation profits only dividends count as personal income. The factors of production earn money for social security and unemployment insurance contributions, but this money goes to government (which is not a factor of production), not to individuals. It is therefore part of national income but not part of personal income. On the other hand, money received by individuals when they collect social security or unemployment compensation is not money earned but money received. Interest received on government bonds is also in this category, because much of the money received from the sale of bonds went to pay for war production and that production no longer furnishes a service to the economy. The money people receive as personal income may be either spent or saved. However, not all spending is completely voluntary. A significant portion of our income goes to pay personal taxes. Most workers never receive the money they pay in personal taxes, because it is withheld from their paychecks. The money that individuals are left with after they have met their tax obligations is disposable personal income. Disposable income can be divided between personal consumption expenditures and personal savings. It is important to remember that personal saving is what is left after spending.According to this passage, the money you get as interest from government bonds is（）Athe money earnedBthe money not earned but receivedCthe money received for the contribution you have made to the economyDthe money earned for the service you have furnished to the economy