商业银行管理彼得S.罗斯英文原书第8版-英语试题库Chap002Word文档下载推荐.doc

商业银行管理彼得S.罗斯英文原书第8版-英语试题库Chap002Word文档下载推荐.doc

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openmarketoperations

4. The__________________________wascreatedin1913inresponsetoaseriesofeconomicdepressionsandfailures.Itsprincipalroleistoserveasthelenderoflastresortandtostabilizethefinancialmarkets.

FederalReserve

5. The__________________________preventedbanksfromcrossingstatelinesandmadenationalbankssubjecttothebranchinglawsoftheirstate.ThisactwaslaterrepealedbytheRiegleNealInterstateBankinglaw.

McFadden-PepperAct

6. BecausetheFDICleviesfixedinsurancepremiumsregardlessofrisk,thisleadstoaproblemcalledthe____________________amongbanks.Thefixedpremiumsencourageallbankstoacceptgreaterrisk.

moralhazard

7. In1980,__________________________waspassedandliftedgovernmentceilingsondepositinterestratesinfavoroffreemarketinterestrates.

DIDMCA

8. OnetoolthattheFederalReserveusestocontrolthemoneysupplyis_________________.TheFederalReservewillchangetheinterestratetheychargeforshorttermloanswhentheyareusingthistoolofmonetarypolicy.

changingthediscountrate

9. ThefirstmajorfederalbankinglawintheU.S.wasthe__________________________.ThislawwaspassedduringtheCivilWarandsetupasystemforcharteringnationalbanksandcreatedtheOCC.

NationalBankingAct

10. The_________________________waspassedduringtheGreatDepression.ItseparatedinvestmentandcommercialbanksandcreatedtheFDIC.

Glass-SteagallAct

11. The__________________________broughtbankholdingcompaniesunderthejurisdictionoftheFederalReserve.

BankHoldingCompanyAct

12. The__________________________allowsbankholdingcompaniestoacquirebanksanywhereintheUnitedStates.However,noonebankcancontrolmorethan30percentofthedepositsinanyonestateormorethan10percentofthedepositsacrossthecountry.

Riegle-NealInterstateBankingAct

13. Theallowsbankstoaffiliatewithinsurancecompaniesandsecuritiesfirmseitherthroughaholdingcompanyorasasubsidiary.

Gramm-Leach-BlileyAct（FinancialServicesModernizationAct）

14. Customersoffinancial-servicecompaniesmay_____________________ofhavingtheirprivateinformationsharedwithathirdpartysuchasatelemarketer.However,inordertodothistheymusttellthefinancial-servicescompanyinwritingthattheydonotwanttheirpersonalinformationsharedwithoutsideparties.

optout

15. Thefederalbankregulatoryagencywhichexaminesthemostbanksisthe______________.

16. The_________________requiresfinancialservicecompaniestoreportsuspiciousactivityincustomeraccountstotheTreasuryDepartment.

U.S.PatriotAct

17. ThecentralbankofthenewEuropeanUnionisknownasthe_______________________.

EuropeanCentralBankorECB

18. The_____________________Actprohibitsbanksandotherpubliclyownedfirmsfrompublishingfalseormisleadingfinancialperformanceinformation.

Sarbanes-Oxley

19.OneofthemainrolesoftheFederalReservetodayis.Theyhavethreetoolsthattheyusetodaytocarryoutthisrole;

openmarketoperations,thediscountrateandlegalreserverequirements.

monetarypolicy

20.TheisthecenterofauthorityanddecisionmakingwithintheFederalReserve.Itconsistsofsevenmembersappointedbythepresidentfortermsnotexceeding14years.

BoardofGovernors

21.Themainregulatorsofinsurancecompaniesare.

stateinsurancecommissions

22.FederalCreditUnionsareregulatedandexaminedby.

theNationalCreditUnionAdministration.

23.Themakesiteasierforvictimsofidentitythefttofilefraudalertsandallowsthepublictoapplyforafreecreditreportonceayear.

FairandAccurateCreditTransactionsAct（FACTAct）

24.Themakesitfasterandlesscostlyforbankstoclearchecks.Itallowsforbankstoelectronicallysendcheckimagesinsteadofshippingpaperchecksacrossthecountry.

Check21Act

25.ThewascreatedbytheNationalBankingActandispartoftheTreasuryDepartment.ItistheprimaryregulatorofNationalBanks.

OfficeoftheComptrolleroftheCurrency（OCC）

26.The_________________________proposesvariousregulationsapplyingtothefinancialmarketstocombattherecentcreditcrisis.This“bail-out”billgrantedtheUSTreasurythemeanstopurchasetroubledloans,allowedtheFDICtotemporarilyincreasedepositinsurance,andpermittedthegovernmenttoinjectadditionalcapitalintothebankingsystem.

TheEmergencyEconomicStabilizationActof2008

True/FalseQuestions

T F 27. FederalReserveActauthorizedthecreationoftheFederalDepositInsuranceCorporation.

False

T F 28. IntheUnitedStates,fixedfeeschargedfordepositinsurance,regardlessofhowriskyabankis,ledtoaproblemknownasmoralhazard.

True

T F 28. Government-sponsoreddepositinsurancetypicallyencouragesindividualdepositorstomonitortheirbanks'

behaviorinacceptingrisk.

T F 29. TheFederalReservechangesreserverequirementsfrequentlybecausetheaffectofthesechangesissosmall.

T F 30. TheBankMergerActanditsamendmentsrequiresthatBankHoldingCompaniesbeunderthejurisdictionoftheFederalReserve.

T F 31. NationalbankscannotmergewithoutthepriorapprovaloftheComptrolleroftheCurrency.

T F 32. TheTruthinLending（orConsumerCreditProtection）ActwaspassedbytheU.S.Congresstooutlawdiscriminationinprovidingbankservicestothepublic.

T F 33. Thefederallawthatstatesindividualsandfamiliescannotbedeniedaloanmerelybecauseoftheirage,sex,race,nationaloriginorreligiousaffiliationisknownastheCompetitiveEqualityinBankingAct.

T F 34. Underthetermsofthe1994Riegle-NealInterstateBankinglawbankholdingcompaniescanacquireabankanywhereinsidetheUnitedStates,subjecttoFederalReserveBoardapproval.

T F 35. The1994federalinterstatebankingbilldoesnotlimitthepercentageofstatewideornationwidedepositsthataninterstatebankingfirmisallowedtocontrol.

T F 36. Theterm"

regulatorydialectic"

referstothedualsystemofbankingregulationintheUnitedStatesandselectedothercountrieswhereboththefederalorcentralgovernmentandlocalgovernmentsregulatebanks.

T F 37. Themoralhazardproblemofbanksiscausedbythefixedinsurancepremiumspaidbybanksandcausesbankstoacceptgreaterrisk.

T F 38. WhentheFederalReservebuysT-billsthroughitsopenmarketoperations,itcausesthegrowthofbankdepositsandloanstodecrease.

T F 39. WhentheFederalReserveincreasesthediscountrateitgenerallycausesotherinterestratestodecrease.

T F 40. TheNationalBankAct（1863）createdtheFederalReservewhichactsasthelenderoflastresort.

T F 41. FIRREA（1989）allowedbankholdingcompaniestoacquirenonblankdepositoryinstitutionsand,ifdesired,convertthemintobranchoffices.

T F 42. TheSarbanes-OxleyActallowsbanks,insurancecompanies,andsecuritiesfirmstoformFinancialHoldingCompanies（FHCs）.

T F 43. TheGramm-Leach-BlileyActof1999essentiallyrepealstheGlass-SteagallActpassedinthe1930s.

T F 44. Passedin1977,theEqualCreditOpportunityActprohibitsbanksfromdiscriminatingagainstcustomersmerelyonthebasisoftheneighborhoodinwhichtheylive.

T F 45. ThetoolusedbytheFederalReserveSystemtoinfluencetheeconomyandbehaviorofbanksisknownasmoralhazard.

False

T F 46. Oneoftheprincipalreasonsforgovernmentregulationoffinancialfirmsistoprotectthesafetyandsoundnessofthefinancialsystem.

True

MultipleChoiceQuestions

47.Banksareregulatedforwhichofthereasonslistedbelow?

A） Banksareleadingrepositoriesofthepublic'

ssavings.

B） Bankshavethepowertocreatemoney.

C） Banksprovidebusinessesandindividualswithloansthatsupportconsumptionandinvestmentspending.

D） Banksassistgovernmentsinconductingeconomicpolic