商业银行管理罗斯答案
【篇一：商业银行管理彼得s.罗斯英文原书第8版 英语
试题库chap002】
>the impact of government policy and regulation on the financial-services industry fill in the blank questions
1. the _____________________ was created as part of the glass steagall act. in the beginning it insured deposits up to $2,500. answer: fdic
2. the________________________ is the law that states that a bank must get approved from their
regulatory body in order to combine with another bank. answer: bank merger act
3. one tool that the federal reserve uses to control the money supply is _________________federal reserve will buy and sell t-bills when they are using this tool of monetary policy. answer: open market operations
4. the__________________________ was created in 1913 in response to a series of economic
depressions and failures. its principal role is to serve as the lender of last resort and to stabilize the financial markets. answer: federal reserve
5. the __________________________ prevented banks from crossing state lines and made national
banks subject to the branching laws of their state.this act was later repealed by the riegle neal interstate banking law. answer: mcfadden-pepper act
6. because the fdic levies fixed insurance premiums regardless of risk, this leads to a problem called
the ____________________ among banks. the fixed premiums encourage all banks to accept greater risk. answer: moral hazard
7. in 1980, __________________________ was passed and lifted government ceilings on deposit
interest rates in favor of free market interest rates. answer: didmca 15
8. one tool that the federal reserve uses to control the money supply is _________________. the
federal reserve will change the interest rate they charge for short term loans when they are using this tool of monetary policy.
answer: changing the discount rate
9. the first major federal banking law in the u.s. was the __________________________. this law
was passed during the civil war and set up a system for chartering national banks and created the occ. answer: national banking act
10. the_________________________ was passed during the great depression. it separated
investment and commercial banks and created the fdic. answer: glass-steagall act
11. the__________________________ brought bank holding companies under the jurisdiction of the federal reserve.
answer: bank holding company act
12. the__________________________ allows bank holding companies to acquire banks anywhere in
the united states. however, no one bank can control more than 30 percent of the deposits in any one state or more than 10 percent of the deposits across the country. answer: riegle-neal interstate banking act
13. firms either through a holding company or as a subsidiary. answer: gramm-leach-bliley act (financial services modernization act)
14. customers of financial-service companies may _____________________ of having their private
information shared with a third party such as a telemarketer. however, in order to do this they must tell the financial-services company in writing that they do not want their personal information
shared with outside parties. answer: opt out
15. the federal bank regulatory agency which examines the most banks is the ______________. answer: fdic
16. the _________________ requires financial service companies to report suspicious activity in
customer accounts to the treasury department. answer: u.s. patriot act 16 test bank, chapter 2
17. the central bank of the new european union is known as the _______________________.
answer: european central bank or ecb
18. the _____________________ act prohibits banks and other publicly owned firms from
publishing false or misleading financial performance information.
answer: sarbanes-oxley
19. they use today to carry out this role; open market
operations, the discount rate and legal reserve requirements. answer: monetary policy
20. reserve. it consists of seven members appointed by the president for terms not exceeding 14 years. answer: board of governors
21. answer: state insurance commissions
22. answer: the national credit union administration.
23. and allows the public to apply for a free credit report once a year.
answer: fair and accurate credit transactions act (fact act) 24. allows for banks to electronically send check images instead of shipping paper checks across the country. answer: check 21 act
25. treasury department. it is the primary regulator of national banks.
answer: office of the comptroller of the currency (occ) 26. the _________________________ proposes various regulations applying to the financial markets
to combat the recent credit crisis. this “bail-out” bill granted the us treasury the means to
purchase troubled loans, allowed the fdic to temporarily increase deposit insurance, and
permitted the government to inject additional capital into the banking system.
answer: the emergency economic stabilization act of 2008 true/false questions
商业银行管理罗斯答案
