商业银行管理BankManagmentFinancialServices(7th))(复习练习题答案).doc

Fill in the Blank Questions(1 point for each) __consumer loans/__ consumer lending ____ is a newer service provided by banks where the bank lends money to individuals for the purchase of durable and other goods. The loosening of government regulation and control of financial institutions is called _ deregulation _____ . A bank which now offers all of the available financial services is known as a _ universal__bank. A(n) security broker 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. One tool that the Federal Reserve uses to control the money supply is _ open market operations __. The Federal Reserve will buy and sell T-bills when they are using this tool of monetary policy. The federal bank regulatory agency which examines the most banks is the ___ FDIC ___. The short term securities of the bank, including T-Bills and commercial paper, are often called __ secondary reserves ______ because they are the second line of defense to meet demands for cash. Answer: A(n)_ money market deposit account _ is a deposit account which pays an interest rate competitive with money market mutual funds and which generally has limited check writing ability. _ Now accounts__ can be held by individuals and nonprofit institutions, bear interest and permit drafts from being written against the account to pay third parties. The equity multiplier for a bank measures the amount of __ leverage(debt)____ of the bank and is one part of the evaluation of the banks ROE. _ liquidity risk _________________________ is the risk that the financial institution may not be able to meet the needs of depositors for cash. A traditional measure of earnings efficiency is the ___ earnings spread ____ or total interest income over total earnings assets less total interest expenses over total interest bearing bank liabilities. It measures the effect