金融英语问答

金融英语问答

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时间:2019-08-05

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1、Questions:-whatdoesPBCstandfor?OnDecember1,1948,thePeople’sBankofChinawasfoundedinShijiazhuangHeibeiProvince.--ThePBCwasestablishedbasedontheconsolidationofthreebanks.Whatwerethesethreebanks?HuabeiBank,BeihaiBankandXibeiFarmerBank.--HowmanybranchesdoesthePBChave?Can

2、youlistsome?Intotalninebranches.SuchasTianjinBrancheBankShanghaiBrancheBankChengduBrancheBankandsoon.--Whatarethebigfourstate-ownedcommercialbanksinChina?AgriculturalBankofChinaChinaConstructionBankIndustrialandCommercialBankofChinaBankOfChina--Whatarethethreepolicy

3、banksinChina?TheExport-ImportBankofChinaAgriculturalDevelopmentBankofChinaChinaDevelopmentBank--Canyoulistsomejoint-stockcommercialbanksinChina?BankofCommunicationsChinaMerchantsBankChinaCiticBankChinaMinshengBankingandsoon.--WhatisChina’scurrentexchangerateregime?O

4、nJuly21,2005,thePBCadoptedthemanagedfloatingexchangerateregimebasedonmarketsupplyandwithreferencetoabasketofcurrencies.--WhenwastheIMFestablished?ThisinternationalorganizationwasformallycreatedinJuly1944.--WhatisthefundamentalmissionoftheIMF?Thefundamentalmissionoft

5、heIMFistohelpensurestabilityintheinternationalsystem.--WhatobjectivesdoestheIMFpursue?TheIMFpursuestheobjiectivesof1)promotinginternationalmonetarycooperationandexchangeratestability;2)facilitatingthebalancedgrowthofinternationaltrade;and3)provdingresourcestohelpmem

6、bersinbalanceofpaymentdifficultiesortoassistwithpovertyreduction.--HowdomembercountriesoftheIMFpaytheirquotasubscriptions?Countriespay25percentoftheirquotasubscriptionsinSDRsormajorcurrencies,suchasU.S.dollars,euros,poundssterling,orJapaneseyen.Theypaytheremaining75

7、percentintheirowncurrencies.--WhataretheSDRs?Aninternationaltypeofmonetaryreservecurrency,Createdinresponsetoconcernsaboutthelimitationsofgoldanddollarsasthesolemeansofsettlinginternationalaccounts,SDRsaredesignedtoaugmentinternationalliquiditybysupplementthestandar

8、dreservecurrencies.--WhatarethefiveagenciesoftheWorldBankGroup?InternationalBankforReconstructionandDevelopmentInternationalDevelopmentAss

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