《商業(yè)銀行經(jīng)營學》復習題附答案

1、1、FillintheBlankQuestions(1)_______________________isanewerserviceprovidedbybankswherethebanklendsmoneytoindividualsfthepurchaseofdurableothergoods.Answer:Consumerlending(2)Thelooseningofgovernmentregulationcontroloffina

2、ncialinstitutionsiscalled______.Answer:deregulation(3)Abankwhichnowoffersalloftheavailablefinancialservicesisknownasa__________bank.Answer:universal(4)A(n)buyssellssecuritiesonbehalfoftheircustomersftheirownaccounts.Exam

3、plesofthistypeoffinancialserviceproviderincludeMerrillLynchlesSchwab.Answer:securitybroker(dealer)(5)OnetoolthattheFederalReserveusestocontrolthemoneysupplyis___________.TheFederalReservewillbuysellTbillswhentheyareusing

4、thistoolofmoarypolicy.Answer:openmarketoperations(6)Thefederalbankregulatyagencywhichexaminesthemostbanksisthe______________.Answer:FDIC(7)TheshttermsecuritiesofthebankincludingTBillscommercialpaperareoftencalled________

5、__________________becausetheyarethesecondlineofdefensetomeetdemsfcash.Answer:secondaryreserves(8)A(n)__________________________isadepositaccountwhichpaysaninterestratecompetitivewithmoneymarketmutualfundswhichgenerallyha

6、slimitedcheckwritingability.Answer:moneymarketdepositaccount(9)__________________________canbeheldbyindividualsnonprofitinstitutionsbearinterestpermitdraftsfrombeingwrittenagainsttheaccounttopaythirdparties.Answer:Nowacc

7、ounts(10)Theequitymultiplierfabankmeasurestheamountof_____________________ofthebankisonepartoftheevaluationofthebanksROE.Answer:leverage(debt)(11)__________________________istheriskthatthefinancialinstitutionmaynotbeable

8、tomeettheneedsofdepositsfcash.Answer:Liquidityrisk(12)Atraditionalmeasureofearningsefficiencyisthe__________________totalinterestincomeovertotalearningsassetslesstotalinterestexpensesovertotalinterestbearingbankliabiliti

9、es.Itmeasurestheeffectivenessofafirm’sintermediationfunctioninthebrowinglendingofmoney.Answer:earningsspread(13)The__________________istheinterestratethatequalizesthecurrentmarketpriceofabondwiththepresentvalueofthefutur

10、ecashflows.Answer:yieldtomaturity(YTM)(14)_________________________isthedifferencebetweeninterestsensitiveassetsinterestsensitiveliabilities.Answer:Dollarinterestsensitivegap(15)A(n)_________________________allowsthehold

11、ertherighttoeithersellsecuritiestoanotherinvest(put)buysecuritiesfromanotherinvest(call)fasetpricebefetheexpirationdate.Answer:option(16)A(n)_________________________isacontractwheretwopartiesexchange1、TrueFalseQuestions

12、(1)Accdingtothetextbookbanksarethosefinancialinstitutionsthattodayofferthewidestrangeoffinancialservicesofanybusinessfirmintheeconomy.Answer:True(2)Theroleperfmedbybanksintheeconomyinwhichtheytransfmsavingsintocreditiskn

13、ownastheintermediationrole.Answer:True(3)Theagingofthepopulationmeanslesssavingsintheeconomyfbankstowkwithaccdingtothetextbook.Answer:False(4)Bankswhichoffervirtuallyallfinancialservicesareknownasuniversalbanks.Answer:Tr

14、ue(5)IntheUnitedStatesfixedfeesgedfdepositinsuranceregardlessofhowriskyabankisledtoaproblemknownasmalhazard.Answer:True(6)WhentheFederalReservebuysTbillsthroughitsopenmarketoperationsitcausesthegrowthofbankdepositsloanst

15、odecrease.Answer:False(7)LoansleasesarefinancialoutputsonafinancialinstitutionsbalancesheetReptofCondition.Answer:True(8)Offbalancesheetitemsfabankarefeegeneratingtransactionswhicharenotrecdedontheirbalancesheet.Answer:T

16、rue(9)AbanksROAequalsitsROEtimestheratiooftotalassetsdividedbytotalequitycapital.Answer:False(10)Inthetextbooktheratioofpretaxoperatingincometototaloperatingrevenuesisdescribedasameasureoftheeffectivenessofafinancialinsi

17、tutionsexpensecontrolefficiency.Answer:True(11)geoffsrepresentsecuritiesabankdecidestosellbecausetheyhavedeclinedinvalue.Answer:False(12)Usuallytheprincipalgoalofassetliabilitymanagementistomaximizeatleaststabilizeabanks

18、marginspread.Answer:True(13)Aliabilitysensitivebankwillexperienceanincreaseinitsinterestmarginifinterestratesrise.Answer:False(14)Afutureshedgeagainstinterestratechangesgenerallyrequiresabanktotakeanoppositepositioninthe

19、futuresmarketfromitscurrentpositioninthecashmarket.Answer:True(15)Thelonghedgeinfinancialfuturescontractsismostlikelytobeusedinsituationswhereabankwouldsufferlossesduetorisinginterestrates.Answer:False(16)Thebuyerofaloan

20、participationmustwatchboththebrowerthesellerbankclosely.Answer:True(17)InaCMOthedifferenttiers(tranches)ofsecuritypurchasersfacethesameprepaymentrisk.Answer:False(18)Mostloansthatbankssellofftheirbalancesheetscarryintere