Homework answers / question archive / I only have 20 min I don't need an explanation just answer   Question 1 (Mandatory) (5 points)                   A financial holding company cannot own which of the following? Question 1 options:   A bank

I only have 20 min I don't need an explanation just answer   Question 1 (Mandatory) (5 points)                   A financial holding company cannot own which of the following? Question 1 options:   A bank

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I only have 20 min I don't need an explanation just answer

 

Question 1 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

A financial holding company cannot own which of the following?

Question 1 options:

	A bank.
	A bank holding company.
	A thrift.
	A thrift holding company.
	A financial holding company may own all of the above.

 

Question 2 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Deposits at credit unions are insured by the:

Question 2 options:

	National Credit Union Association.
	Federal Credit Union Administration.
	Federal Reserve.
	Federal Deposit Insurance Corporation.
	Credit Union Insurance Corporation.

 

Question 3 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Which of the following is not a channel for delivering banking services?

Question 3 options:

	Mobile banking.
	Online banking.
	Automated Teller Machines.
	Branch banking.
	Retail banking.

 

Question 4 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Which Act limited the activities a company could engage in if it owned a bank?

Question 4 options:

	Federal Reserve Act
	Bank Holding Act
	McFadden Act
	Glass-Steagall Act
	Competitive Equality Banking Act

 

Question 5 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Which of the following is the most flexible of the Fed's tools for implementing monetary policy?

Question 5 options:

	Changes in the fed funds rate
	Changes in the required reserve ratio
	Changes in the discount rate
	Open market operations
	Private placements

 

Question 6 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Which Act allowed the individual states to determine if a bank could branch within or outside its home state?

Question 6 options:

	Competitive Equality Banking Act
	Federal Reserve Act
	McFadden Act
	Glass-Steagall Act
	Riegle-Neal Interstate Banking and Branching Efficiency Act

 

Question 7 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

A bank has a 1-year $1,000,000 loan outstanding, payable in four equal quarterly installments. What dollar amount of the loan would be considered rate sensitive in the 0 - 90 day bucket?

Question 7 options:

	$0
	$250,000
	$500,000
	$750,000
	$1,000,000

 

Question 8 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Keeping all other factors constant, banks can reduce the volatility of net interest income by:

Question 8 options:

	adjusting the dollar amount of rate-sensitive assets.
	adjusting the dollar amount of fixed-rate liabilities.
	using interest rate swaps.
	Bank can reduce volatility of net interest income by doing all of the above.
	a. and c. only

 

Question 9 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

An asset would normally be classified as rate-sensitive if:

Question 9 options:

	it matures during the examined time period.
	it represents a partial principal payment.
	the outstanding principal on a loan can be re-priced when the base rate changes.
	All of the above.
	a. and c. only

 

Question 10 (Mandatory) (5 points)

 

 

 

 

 

 

 

 

 

Which of the following is an advantage of static GAP analysis?

Question 10 options:

	Static GAP analysis considers the time value of money.
	Static GAP analysis indicates the specific balance sheet items that are responsible for the interest rate risk.
	Static GAP analysis considers the cumulative impact of interest rate changes on the bank's position.
	Static GAP analysis considers the embedded options in loans, such as mortgage pre-payments.
	All of the above are advantages of static GAP analysis.