《商业银行经营学》(复习题附答案).docVIP

Fill in the Blank Questions _______________________ is a newer service provided by banks where the bank lends money to individuals for the purchase of durable and other goods. Answer: Consumer lending The loosening of government regulation and control of financial institutions is called ______ . Answer: deregulation A bank which now offers all of the available financial services is known as a __________bank. Answer: universal A(n) buys and sells securities on behalf of their customers and for their own accounts. Examples of this type of financial service provider include Merrill Lynch and Charles Schwab.Answer: security broker (or dealer) One tool that the Federal Reserve uses to control the money supply is ___________. The Federal Reserve will buy and sell T-bills when they are using this tool of monetary policy. Answer: open market operations The federal bank regulatory agency which examines the most banks is the ______________. Answer: FDIC The short term securities of the bank, including T-Bills and commercial paper, are often called __________________________ because they are the second line of defense to meet demands for cash. Answer: secondary reserves A(n)__________________________ is a deposit account which pays an interest rate competitive with money market mutual funds and which generally has limited check writing ability. Answer: money market deposit account __________________________ can be held by individuals and nonprofit institutions, bear interest and permit drafts from being written against the account to pay third parties.Answer: Now accounts The equity multiplier for a bank measures the amount of _____________________ of the bank and is one part of the evaluation of the banks ROE. Answer: leverage (debt) __________________________ is the risk that the financial institution may not be able to meet the needs of depositors for cash. Answer: Liquidity risk A traditional measure of earnings effic