首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read the article below about education and answer the questions. For each question 23-28, choose the correct answer. Mark one
Read the article below about education and answer the questions. For each question 23-28, choose the correct answer. Mark one
admin
2013-01-10
44
问题
Read the article below about education and answer the questions.
For each question 23-28, choose the correct answer.
Mark one letter (A,B or C) on your Answer Sheet.
Chinese currency is the Renminbi (RMB) . It is also known as "yuan". The sign of it is " ¥ ", the same as that of Japanese currency. But Japanese currency is called "yen".
The Renminbi, China’s legal tender, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued by the State Administration of Exchange Control. China operates foreign exchange in a unified way, with the State Administration of Exchange Control exercising the functions and powers of exchange control.
Before 1994, the Chinese government managed the system as a dual-track foreign-exchange system. The dual-track system provided for two government-approved exchange rates, one was the official exchange rate, the other was the swap-market rate. The State Administration of Exchange Control (SAEC) set the official exchange rate for the RMB based on China’s balance of payments and the exchange rates of her major competitor countries, such as South Korea. In 1986, the SAEC first set the official rates at 3.72 RMB per dollar.
Primarily state-owned companies used the official exchange rate, mostly to buy Foreign Exchange Certificates (FECs) . FECs are a separate form of currency developed in 1980 for the foreigners to use when they paid for their expenses in China. But, in 1994, the People’s Bank of China stopped issuing FECs and gradually withdrew them from circulation.
The swap market, the other half of the dual-market system, was created in Shenzhen (the newly-built modern city located opposite Hong Kong) in 1985 for foreign and local businesses that had received official approval to exchange RMB and hard currency, there were quite a lot of swap centres, the one in Shanghai being the largest. During that period, about 80% of the hard-currency transactions in this country took place in the swap market. The swap rate was 8.7 RMB per dollar. The dual-track foreign exchange system was not favorable to China’s international trade and affected China’s application for joining the WTO. So in 1994 the Chinese government decided to close the swap centres. The swap centre in Shanghai was replaced by the National Foreign Exchange Centre, which is a national inter-bank centre at which authorized banks can trade and settle foreign currencies.
The Chinese currency is issued by______.
选项
A、Bank of China
B、People’s Bank of China
C、Both A and B
答案
B
解析
原文是:“The Renminbi,China’s legaltender,is issued and controlled solely by thePeople’s Bank of China.”由此可知,中国 的法定货币——人民币是由中国人民银行单独发行和管理的。
转载请注明原文地址:https://jikaoti.com/ti/gtrYFFFM
本试题收录于:
BEC初级阅读题库BEC商务英语分类
0
BEC初级阅读
BEC商务英语
相关试题推荐
•Readtheextractedreportbelowaboutbusinessintelligence.•ChoosethebestwordtofilleachgapfromA,B,CorDonthe
•Readthearticlebelowaboutprofit.•Choosethebestsentencetofilleachofthegaps.•Foreachblank812markonelett
•Lookatthestatementsandthematerialsaboutmarketingdisastersbelow.•Whichstory(A,B,CorD).doeseachstatement1—7
•Readthetextbel6waboutasuccessfulcompany.•ChoosethecorrectwordA,B,CorDontheoppositepagetofilleachgap.•F
•Readthetextbel6waboutasuccessfulcompany.•ChoosethecorrectwordA,B,CorDontheoppositepagetofilleachgap.•F
•LookatthestatementsbelowandthefollowingcommentsbyMP3retailers.•Whichsection(A,B,CorD)doeseachstatement(1-
•Readthetextbelowaboutmarketinginformation.•Inmostofthelines34—45thereisoneextraword.Itiseithergrammatica
Questions13—18Lookatthearticleaboutthepollandthequestionsbelow.Forthequestion13-18,markoneletterA,B,CorD
BUSINESSSERVICESATranslationservicesBMapsandplans-paperandothermediaCMultimedia-electronicpublishingD
随机试题
公证机构
在肾小球滤过中阻碍带电荷的蛋白质通过滤过膜最主要的结构是()。
急性胰腺炎之胃肠热结证宜选用方
下列各项中,不会引起留存收益变动的有()。
关于开放式办公室优点的描述,不正确的是()。
美国心理学家布鲁纳认为学习的实质在于()。
【2016河南郑州】在中国古代教育中形成了“六艺”教育。“六艺”是_______、乐、射、御、书、数。
()对于争斗相当于桃李对于()
Everyonemusthavehadatleastonepersonalexperiencewithacomputererrorbythistime.Bankbalancesaresuddenlyreported
Theworld’stropicalrainforestscomprisesome6%oftheEarth’slandareaandcontainmorethanhalfofallknownlifeforms,o
最新回复
(
0
)