第十一章测试
1.China's financial service is fully opened since April 1, 2020 ( )
A:False B:True
答案:B
2.QDII program started in 2004. ( )
A:True B:False 3.“Four trillion RMB” stimulus package led to a surge in investment demand, which is the main reason for China to relax capital inflow. ( )
A:True B:False 4.China’s Chinn-Ito index has remained unchanged since 1993. ( )
A:True B:False 5.China is more open than advanced economies. ( )
A:False B:True 6.Capital account opening-up may serve as a commitment device to financial reforms. ( )
A:True B:False 7.Greater capital account convertibility will help RMB expand. ( )
A:False B:True 8.Which of the following are the reasons for China's massive capital outflow in 2014-2016? ( )
A:the Shanghai-Hong Kong Stock Connect B:the Shenzhen-Hong Kong Stock Connect C:expanded the existing QFII, QDII and RQFII programs D:“Belt and Road” 9.What are the shortcomings of China's financial market ( )
A:financial institutions have limited foreign competition B:financial institutions have limited incentives to improve products and services C:financial laws and regulations are more likely to be twisted D:lenient to excessive leveraging and risk-taking 10.When did China unveil the Shanghai-London Stock Connect in mid-2019:( )
A:2018 B:2020 C:2019 D:2021 11.When did China reform the RMB-dollar central parity to more closely align with previous trading day’s closing price? ( )
A:August 12, 2015 B:August 12, 2016 C:August 11, 2015 D:August 11, 2016

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