51题库考试学习网来告诉大家：国际内审师考试科目

A derivative is a security which "derives" its value from another underlying (61) instrument, index, or other investment. Derivatives are available based on the performance of stocks, interest rates, currency exchange rates, as well as (62) contracts and various indexes. Derivatives give the buyer greater leverage for a (63) cost than purchasing the actual underlying instrument to achieve the same position. For this reason, when used properly, they can serve to "hedge" a (64) of securities against losses. However, because derivatives have a date of (65) , the level of risk is greatly increased in relation to their term. One of the simplest forms of a derivative is a stock option. A stock option gives the holder the right to buy or sell the underlying stock at a fixed price for a specified period of time.

(46)

A．bank

B．financial

C．mathematic

D．securities

Under a standby letter of credit, ______.

A．evidences of the underlying transaction should be filed first

B．the applicant may be exempted from any liabilities

C．the issuing bank has to pay the beneficiary

D．the issuing bank should pay when the applicant fails to fulfill his obligations

听力原文：Credit card customers are given a credit limit on the credit card account.

(8)

A．Credit card customers are given a right to buy goods and services.

B．The cardholder can buy goods and services within the credit limit.

C．Normally, banks will set different credit lines to different groups of cardholders.

D．Each month the cardholder receives a statement from the bank.

Although banking transaction load is ever heavier, ______.

A．there is less money among the people

B．more funds are managed in commercial banks

C．money management shows higher efficiency

D．there is a gradual decline of funds in gross national product