在线测试
测试总体情况
满分分数45.0 分
参加⼈数260 ⼈
教师批语
一单项选择题
试题1满分值：1.0分  状态：已答
Looking at the Net Interest Margin indicates that the poor bank performance in the late 1980s
was not the result of interest-rate movements.
was not the result of risky loans made in the early 1980s.
resulted from a narrowing of the gap between interest earned on assets and inters paid on liabilities.
resulted from a huge decrease in provisions for loan losses.
[我的答案] was not the result of interest-rate movements.
试题2满分值：1.0分  状态：已答
For banks,
return on assets exceeds return on equity.
return on assets equals return on equity.
return on equity exceeds return on assets.
return on equity is another name for net interest margin.
[我的答案] return on equity exceeds return on assets.
试题3满分值：1.0分  状态：已答
All of the following are operating expenses for a bank except
service charges on deposit accounts.
salaries and employee benefits.
rent on buildings.
margin rateservicing costs of equipment such as computers.
[我的答案] service charges on deposit accounts.
试题4满分值：1.0分  状态：已答
One of the problems in conducting a duration gap analysis is that the duration gap is calculated assuming that interest rates for all maturities are the same. That means that the yield curve is
flat.
slightly upward sloping.
steeply upward sloping.
downward sloping.
[我的答案] flat.
试题5满分值：1.0分  状态：已答
Assume a bank has $200 million of assets with a duration of 2.5, and $190 million of liabilities with a duration of 1.05. The duration gap for this bank is
0.5 year.
1 year.
1.5 years.
2 years.
[我的答案] 1.5 years.
试题6满分值：1.0分  状态：已答
When banks calculate the losses the institution would incur if an unusual combination of bad events happened, the bank is using the ________ approach.
stress-test
value-at-risk
trading-loss
maximum value
[我的答案] stress-test
试题7满分值：1.0分  状态：已答
The principal-agent problem that exists for bank trading activities can be reduced through
creation of internal controls that combine trading activities with bookkeeping.
creation of internal controls that separate trading activities from bookkeeping.
elimination of regulation of banking.
elimination of internal controls.
[我的答案] creation of internal controls that separate trading activities from bookkeeping.
试题8满分值：1.0分  状态：已答
A reason why rogue traders have bankrupt their banks is due to
the separation of trading activities from the bookkeepers.
stringent supervision of trading activities by bank management.
accounting errors.
a failure to maintain proper internal controls.
[我的答案] a failure to maintain proper internal controls.
试题9满分值：1.0分  状态：已答
When banks involved in trading activities attempt to outguess markets, they are
forecasting.
diversifying.
speculating.
engaging in riskless arbitrage.
[我的答案] speculating.
试题10满分值：1.0分  状态：已答
Which of the following is not an example of a backup line of credit?
loan commitments
overdraft privileges
standby letters of credit
mortgages
[我的答案] mortgages
试题11满分值：1.0分  状态：已答
Examples of off-balance-sheet activities include
loan sales.
extending loans to depositors.
borrowing from other banks.
selling negotiable CDs.
[我的答案] loan sales.
试题12满分值：1.0分  状态：已答
If a banker expects interest rates to fall in the future, her best strategy for the present is
to increase the duration of the bank's liabilities.
to buy short-term bonds.
to sell long-term certificates of deposit.
to increase the duration of the bank's assets.
[我的答案] to increase the duration of the bank's assets.
试题13满分值：1.0分  状态：已答
Duration analysis involves comparing the average duration of the bank’s ________ to the average duration of its ________.
securities portfolio; non-deposit liabilities
assets; liabilities
loan portfolio; deposit liabilities
assets; deposit liabilities
[我的答案] assets; liabilities
试题14满分值：1.0分  状态：已答
If interest rates rise by 5 percentage points, say from 10 to 15%, bank profits (measured using gap analysis) will
decline by $0.5 million.
decline by $1.5 million.
decline by $2.5 million.
increase by $2.0 million.
[我的答案] decline by $0.5 million.
试题15满分值：1.0分  状态：已答
If interest rates rise by 5 percentage points, say, from 10 to 15%, bank profits (measured using gap analysis) will
decline by $0.5 million.
decline by $1.5 million.
decline by $2.5 million.
increase by $1.5 million.
[我的答案] decline by $1.5 million.
试题16满分值：1.0分  状态：已答
Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap times the change in the interest rate is called
basic duration analysis.
basic gap analysis.
interest-exposure analysis.
gap-exposure analysis.
[我的答案] basic gap analysis.
试题17满分值：1.0分  状态：已答
The difference of rate-sensitive liabilities and rate-sensitive assets is known as the
duration.
interest-sensitivity index.
rate-risk index.
gap.
[我的答案] gap.
试题18满分值：1.0分  状态：已答
If a bank has ________ rate-sensitive assets than liabilities, a ________ in interest rates will reduce bank profits, while a ________ in interest rates will raise bank profits.
more; rise; decline
more; decline; rise
fewer; decline; decline
fewer; rise; rise
[我的答案] more; decline; rise
试题19满分值：1.0分  状态：已答
All else the same, if a bank’s liabilities are more sensitive to interest rate fluctuations than are its assets, then ________ in interest rates will ________ bank profits.
an increase; increase
an increase; reduce
a decline; reduce
a decline; not affect
[我的答案] an increase; reduce
试题20满分值：1.0分  状态：已答
Credit risk management tools include
deductibles.
collateral.
interest rate swaps.
duration analysis.
[我的答案] collateral.
试题21满分值：1.0分  状态：已答
When a lender refuses to make a loan, although borrowers are willing to pay the stated interest rate or even a higher rate, the bank is said to engage in
coercive bargaining.
strategic holding out.
credit rationing.
collusive behavior.
[我的答案] credit rationing.
试题22满分值：1.0分  状态：已答
A bank that wants to monitor the check payment practices of its commercial borrowers, so that moral hazard can be prevented, will require borrowers to
place a bank officer on their board of directors.
place a corporate officer on the bank's board of directors.
keep compensating balances in a checking account at the bank.
purchase the bank's CDs.
[我的答案] keep compensating balances in a checking account at the bank.
试题23满分值：1.0分  状态：已答
A bank’s commitment to provide a firm with loans up to pre-specified limit at an interest rate that is tied to a market interest rate is called
an adjustable gap loan.
an adjustable portfolio loan.
loan commitment.
pre-credit loan line.
[我的答案] loan commitment.
试题24满分值：1.0分  状态：已答
Long-term customer relationships ________ the cost of information collection and make it easier to ________ credit risks.
reduce; screen
increase; screen
reduce; increase
increase; increase
[我的答案] reduce; screen
试题25满分值：1.0分  状态：已答
Provisions in loan contracts that prohibit borrowers from engaging in specified risky activities are called
proscription bonds.
restrictive covenants.
due-on-sale clauses.
liens.
[我的答案] restrictive covenants.
试题26满分值：1.0分  状态：已答
In one sense ________ appears surprising since it means that the bank is not ________ its portfolio of loans and thus is exposing itself to more risk.
specialization in lending; diversifying
specialization in lending; rationing
credit rationing; diversifying
screening; rationing