1、对外经济贸易大学银行管理学试卷库之八一、选择题：（每题1分，共40分）以下选择题中有且仅有一个正确答案，请将正确答案标在本试卷第1页的答案表格中。 得分_1. Why have banks historically been among the safest businesses?(A) Banks invest heavily in risk management technologies.(B) Banking is one of the most regulated businesses.(C) The government has never allowed a bank to fai
2、l.(D) The products of a bank, loans and deposits, are always in strong demand.(E) Banking has traditionally employed conservative risk-averse managers.2. Which of the following is not a cause of financial innovation?(A) Banks may want to increase their capital base.(B) Advancement in technology.(C)
3、A decrease in competition.(D) Entering new geographic markets.(E) New regulations.3. Common size financial statements convert figures to a common size by:(A) dividing balance sheet items by total assets and income statement items by net income.(B) dividing balance sheet items by sales and income sta
4、tement items by net income.(C) dividing balance sheet items by total assets and income statement items by sales.(D) dividing balance sheet items by sales and income statement items by total assets.(E) dividing balance sheet items by total equity and income statement items by sales.4. Regulatory dial
5、ectic can be described as:(A) the consolidation of the banking industry.(B) the process by which banks respond to regulations and the imposition of new regulations.(C) the investment banking process.(D) the securitization of bank assets.(E) the facilitating of corporate mergers.5. Banks generate the
6、ir largest portion of income from:(A) loans.(B) short-term investment.(C) demand deposits.(D) long-term investments.(E) certificates of deposit.6. A banks core deposits are:(A) vault cash.(B) stable deposits that are not typically withdrawn over short periods of time.(C) the banks deposits at the Fe
7、deral Reserve.(D) the most interest rate sensitive liabilities of a bank.(E) deposits held in foreign offices.7. Which of the following adjustments are made to gross loans and leases to obtain net loans and leases?(A) The loan and lease loss allowance is subtracted from gross loans (B) Unearned inco
8、me is subtracted from gross interest received(C) Investment income is added to gross interest received(D) a. and b.(E) a. and c.8. Which of the following would be the least sensitive to changes in interest rates?(A) Demand deposits(B) Repurchase agreements(C) Federal funds purchased(D) Eurodollar li
9、abilities(E) Jumbo CDs9. Recoveries refer to:(A) the dollar value of loans actually written off as uncollectible.(B) the dollar amount of loans that were previously charged-off but now collected.(C) net charge-offs.(D) loans not currently accruing interest.(E) loans that regulators have required the
10、 bank to “recover”.10. A change in net interest income would occur when:(A) the composition of the assets of the bank change.(B) the average asset yield changes.(C) the volume of the assets of the bank change.(D) the average interest expense changes.(E) All of the above11. A bank that deals primaril
11、y with commercial customers is called:(A) an Edge Act bank.(B) a retail bank.(C) a wholesale bank.(D) a uniform bank.(E) a liability bank.12. Which of the following does not have an embedded option?(A) A callable Federal Home Loan Bank bond.(B) Demand deposit accounts.(C) A home mortgage loan.(D) An
12、 auto loan.(E) All of the above have embedded options.13. Interest expense varies between banks because of: (A) rate effects.(B) composition effects.(C) volume effects.(D) all of the above.(E) a. and c.14. To increase asset sensitivity, a bank can:(A) buy longer-term securities.(B) pay premiums on s
13、ubordinated debt.(C) shorten loan maturities.(D) make more fixed rate loans.(E) All of the above.15. What does a banks duration gap measure?(A) The duration of short-term buckets minus the duration of long-term buckets.(B) The duration of the banks assets minus the duration of its liabilities.(C) Th
14、e duration of all rate-sensitive assets minus the duration of rate-sensitive liabilities.(D) The duration of the banks liabilities minus the duration of its assets.(E) The duration of all rate-sensitive liabilities minus the duration of rate-sensitive assets.16. With “relationship pricing“:(A) banks
15、 unbundle services and charge separate prices for each.(B) service charges decline with larger customer deposit balances.(C) interest rates paid on deposit accounts decreases with customer deposit balances. (D) large depositors pay the highest fees.(E) small depositors receive the highest interest r
16、ates.17. Which of the following are likely to occur when interest rates rise sharply?(A) Fixed-rate loans are pre-paid.(B) Bonds are called.(C) Deposits are withdrawn early.(D) All of the above occur when interest rates rise sharply.(E) a. and b.18. Which of the following is considered a measure of
17、bank productivity?(A) Return on assets(B) Return on equity(C) Assets per depositor(D) Assets per employee(E) All of the above are measures of bank productivity19. Everything else the same, financial leverage works to a banks advantage when:(A) the return on assets is positive.(B) the return on asset
18、s is negative.(C) fixed assets are high.(D) fixed assets are low.(E) a. and d.20. All of the following are sources of cash except:(A) an increase in long-term debt.(B) a decrease in inventory.(C) a new equity issue.(D) a decrease in notes payable.(E) an increase in accounts payable.21. Which of the
19、following is not considered a cash asset?(A) Marketable securities(B) Cash items in process of collection(C) Demand deposits at private financial institutions(D) Demand deposits at the Federal Reserve(E) Vault cash22. Which of the following is false regarding duration gap analysis?(A) Duration gap a
20、nalysis does not classify assets as rate-sensitive.(B) Duration gap analysis indicates the potential change in a banks net interest income.(C) Duration gap accounts for bank leverage.(D) Duration gap accounts for the present value of cash flows associated with all liabilities.(E) Duration gap analys
21、is indicates the potential change in a banks market value of equity.23. Which of the following would not be considered “hot money“?(A) Jumbo CDs(B) Fed funds purchased(C) Eurodollar time deposits(D) Retail demand deposits(E) Repurchase agreements24. Why do regulators prefer higher capital requiremen
22、ts?(A) It justifies the existence of regulatory agencies.(B) It better protects the deposit insurance fund.(C) It enhances bank asset quality.(D) It decreases bank profitability.(E) It increases bank leverage.25. How do capital requirements constrain bank growth?(A) By discouraging investments in Tr
23、easury securities.(B) By disallowing the ownership of mortgage loans.(C) By decreasing a banks net interest margin.(D) By limiting the amount of new assets that a bank can acquire through debt financing.(E) By reducing a banks CAMELS ratings.26. Which of the following is not an advantage of larger c
24、ash balances for a bank?(A) Larger cash balances reduce the need to borrow at the discount window.(B) Larger cash balances reduce the risk of bank runs.(C) Larger cash balances reduce the risk of paying penalties to the Federal Reserve.(D) Larger cash balances increase reserve balances.(E) Larger ca
25、sh balances reduce a banks interest expense.27. The liability management theory suggests that:(A) banks can obtain liquidity by selling Treasury securities prior to maturity.(B) banks can obtain liquidity by purchasing Fed funds.(C) loan repayments should match the borrowers cash flows to repay the
26、loan.(D) there is a tradeoff between liquidity and solvency.(E) banks should only make short-term self-liquidating loans.28. Which of the following indicates the potential demand for new loans?(A) Low business growth and activity(B) A relatively large percentage of demand deposits(C) Large, unused c
27、ommercial credit lines outstanding(D) Large deposits held by a single customer(E) The level of uninsured deposits29. When increasing liabilities to meet liquidity needs, a bank should consider all of the following except:(A) brokerage fees.(B) required reserves.(C) FDIC insurance premiums.(D) lost i
28、nterest income.(E) A bank should consider all of the above when increasing liabilities to meet liquidity needs.30. Which of the following is not one of the essential issues in evaluating commercial loan requests?(A) The structure of the borrowers board of directors.(B) The character of the borrower.
29、(C) The use of the loan proceeds.(D) The source of repayment for the loan.(E) The amount the customer needs to borrow.31. In the credit process, which of the following activities falls under Business Development and Credit Analysis?(A) Loan committee reviews(B) Loan documentation review(C) Officer c
30、all programs(D) Perfect security interest(E) Process loan payments32. Why is liquidating collateral not a preferred means of loan repayment?(A) The bank must manage the repossessed collateral until it is sold.(B) Transaction costs on liquidating collateral are often quite high.(C) Bankruptcy laws ma
31、y prevent liquidation to occur in a timely manner.(D) All of the above.(E) b. and c. only33. Which of the following characteristics should collateral have?(A) The value of the collateral should not exceed the value of the loan.(B) The collateral should be highly liquid.(C) The lender must be able to
32、 perfect a lien on the collateral.(D) a. and b. only.(E) b. and c. only.34. How efficiently a firm is using its assets is measured by:(A) liquidity ratios.(B) market value ratios.(C) profitability ratios.(D) activity ratios.(E) leverage ratios.35. Banks account for different default risks in pricing
33、 a loan by:(A) reducing the proportion of equity financing used in the cost of funds estimate.(B) varying the loan payment over the life of the loan to reflect varying risk.(C) tying the loan rate to the banks base cost of funds.(D) adding a risk premium to the loan rate.(E) charging a dollar fee at
34、 loan origination that varies inversely with risk.36. Which of the following classes of securities are recorded at amortized cost on the balance sheet?(A) Held to maturity(B) Available for sale(C) Trading(D) all of the above(E) a. and b. only37. Given a 1% change in interest rates, which of the foll
35、owing will have the greatest percentage price change, assuming all have the same maturity?(A) Zero-coupon Treasury bond(B) High-coupon corporate bond(C) Low-coupon corporate bond(D) Low-coupon Treasury bond(E) Not enough information is given to answer the question.38. When selling securities to meet
36、 liquidity needs, a bank should consider all of the following except:(A) brokerage fees.(B) lost interest income.(C) the gains or losses on the securities.(D) the impact on taxes.(E) A bank should consider all of the above when selling securities to meet liquidity needs.39. Credit card issues earn i
37、ncome from:(A) annual fees.(B) interest on outstanding balances.(C) discounting the charges that merchants accept on purchases.(D) All of the above.(E) a. and b. only40. Purchasing power risk refers to:(A) the risk that bank customers will not “purchase“ bank loans.(B) the risk that returns may vary
38、 due to anticipated changes in inflation.(C) the risk that returns may vary due to unanticipated changes in inflation.(D) the changes in foreign exchange. (E) none of the above二、判断题：（每题1分，共10分） 。判断下列论断的正误，正确的以T标明，错误的用F标明，请将正确答案标在本试卷第1页的答案表格中。 得分_1. Income statement is a financial statement showing a
39、 summary of a firms financial operations for a specific period, including net profit or loss for the period in question. 2. A common view among bank managers and analysts is that banks must rely less on net interest income and more on noninterest income to be more successful. 3. Generally, asset and
40、 liability management (A/L) means managing a banks entire balance sheet as a dynamic system of interrelated accounts and transactions. It refers specifically to managing liquidity risk. 4. For a bank with positive duration GAP, if the interest rate increases, its market value will also increase. 5.
41、The securities activities of big banks and small banks are fundamentally different. Big banks generally purchase securities and hold them until maturity. 6. Duration is a measure of how price sensitive a security (or portfolio) is to a change in interest rates. The greater is duration, the greater i
42、s price sensitivity. 7. In dealing with problem banks, payout is the most often used option, especially when dealing with large banks. 8. The embedded options sharply influence the estimated volatility in market value of equity (MVE). Prepayments that exceed that expected will lengthen duration. 9.
43、Regulators prefer banks to have more capital, while bankers generally prefer to operate with less capital. 10. Both in the short run and in the long run, the more liquid a bank is, the lower are its ROE and ROA. 三、翻译题：（每题0.5分，共5分；将按四舍五入原则计算本题总分）请将下列银行业专用名词翻译成银行专业术语，答案请直接写在英文名词后面的空格上。 得分_1. Call prot
44、ection _2. Balance inquiry _3. Allowance for loan losses _4. Loan-loss provisions _5. Duration _6. Bullet loan _7. Charge-off _8. Collected balances _9. Debenture _10. Volatile deposits _四、计算题：（每题1分，共10分） 得分_ Using the data for ABC bank (a bank in the U.S.) given below to calculate the following rat
45、ios (注：其他值均假设为零；计算时直接使用余额，不要求使用均值；结果有百分比表示，保留两位小数；只需要答案，不需要写明公式和计算过程；答案请直接写在题后的括号中):Balance SheetAssets LiabilitiesLoans $ 3500 Time Deposits $ 3000 Investments $ 3000 Demand Deposits $ 1000 Cash $ 500 Federal Funds $ 3000 Federal Funds $ 100 Fixed Assets $ 900 Equity $ 1000 Total Assts $ 8000 Total
46、 Liabilities $ 8000 Income StatementInterest Income $ 1000 Non-Interest Income $ 50 Interest Expense $ 750 Non-Interest Expense $ 250 (1) Return on Equity_(2) Return on Assets _ (3) Asset Utilization Ratio_(4) Expense Ratio_(5) Equity Multiplier_(6) Earnings Base_(7) Net Interest Margin_(8) Spread_(
47、9) Efficiency ratio_(10) Burden ratio _五、简答题：（每题5分，共35分） 。请从下列题中任意选择7题回答，并将答案写在题后所附答题纸上；如果答题数超过7个，将按前7个题判分；答题时请标明原题号（并请将原题题号标在下表中） 。 得分_请填上所答原题号每 小 题 得 分1. What are the five fundamental forces of changes in banking?2. What is CAMELS system?3. What are the cost management strategies for banks?4. What are the main advantages and disadvantages of static GAP analysis?5. What are the three steps in capital planning?6. How does bank capital reduce a banks risks?7. What are the five basi
