Why should banks need to establish formal operating procedures?A．The supervisory authorities require them to do so.B．The shareholders expect a reasonable return on their investment.C．The banks have to keep safe large volume of monetary items raised from all sources.D．The banks engage in a large volume and variety of transactions.
Why should banks need to establish formal operating procedures?
A．The supervisory authorities require them to do so.
B．The shareholders expect a reasonable return on their investment.
C．The banks have to keep safe large volume of monetary items raised from all sources.
D．The banks engage in a large volume and variety of transactions.
相关考题：
Why do the depository institutions have the fractional reserve banking?A．Because they can keep a large amount of deposits from their depositors in the form. of reserves.B．Because most of their depositors would withdraw their deposits.C．Because only a small fraction of their depositors would deposit money during a day or week.D．Because they can meet the need of withdrawing of their depositors and make investments in other financial assets.
American students learn business skills in school. Here is a story about some American students who learnt business skills by operating their own banks. In December 1987, the Twiglet Bank was opened at an Elementary School in Miami, Florida. It is a real bank that accepts money for savings and makes loans, and it is operated by students between 10 and 12 years old.The bank is open for one hour two days a week. Students can put their money into the bank and withdraw it as they wish. Officials from a local bank helped the students start the bank. They trained twenty-three of them to do all the different kinds of bank jobs, from counting money to guarding the bank. The students needed money to start the bank. They raised more than $ 2,000 by selling 50-dollar shares in the bank to parents, teachers, the local bank workers, and customers. Organizing and operating the bank has taught the children a lot about the banking business. They have learned about raising and investing money and how to use computers and other banking equipment. They have also learned how to ask for a job and to be responsible for their jobs.1. Who helped these children start a bank()A. ParentsB. TeachersC. Bank staff2. How did children raise money for their bank()A. Their schools provided financial support for them.B. They sold shares to their parents, teachers, local bank workers and customers.C. They found an organization to donate a set of fund.3. Who is currently operating Twiglet Bank()A. TeenagersB. CommunityC. Government4. Which is not TRUE for the benefits of children from operating their own banks()A. They learned how to use computers and banking equipment.B. They learned how to find a job and do it well.C. They learned how to produce the money.5. What is the best title for this passage()A. A Bank of MiamiB. A Students’ BankC. The Operation of American Banks
What is the main function of deposit insurance fund?A．To ensure that the banks have sufficient fund to finance other economic sectors.B．To protect the banks from all kinds of risks arising from their operation.C．To meet requirements of financial needs of the public.D．To pledge to depositors that their money is safe whenever a bank is insolvency.
What can we infer from the passage?A．The Basle Committee's core principles require the minimum capital adequacy requirements.B．The Basle Committee encourages banks to operate with capital of the minimum.C．The Basle Committee helps bank supervisors to reduce the risk of loss.D．The Basle Committee ensures banks to pursue the stability of the banking industry.
听力原文：Banks make money in the foreign exchange dealings not on profit margin but on volume.(8)A．Banks make money in foreign exchange business because of profit margin.B．Banks make money from the price spread in the foreign exchange market.C．Banks make money in foreign exchange business on profit as well as on volume.D．Banks make money in foreign exchange business because of the great volume.
What are large banks in large cities engaged in besides supplying bank deposit services?A．They are engaged in international trade.B．They do some particular business with foreigners.C．They provide some specific ancillary services.D．They establish correspondent banks in small cities.
What do large banks allow individual banks to do?A．To sell credit cards to consumers.B．To join their credit card network.C．To provide other banking services.D．To specialize in federal funds.
听力原文：The foreign banks should have set up a representative office in China two years before they can apply for a branch.(2)A．The foreign banks should have set up a representative office.B．The foreign banks can't apply for a branch.C．The foreign banks can't expand business in China.D．The foreign banks are forbidden to set up a representative office.
听力原文：M: Most banks tend to decline loan proposals which are highly speculative.W: I think because the banks expect the loan to generate sufficient profit and positive cash-flow for themselves and for the clients.Q: What will the banks usually do to the highly speculative loan proposals?(15)A．The banks will disapprove them.B．The banks will approve them.C．The Bank will benefit from the loans.D．The bank will make profit from lending.
听力原文：In dealing with collections, banks will do nothing but follow the collection order.(9)A．In dealing with collections, banks will do nothing to follow the collection order.B．Banks will do something in dealing with the collection order.C．Banks should strictly follow the instructions in the collection order.D．In dealing with collections, the bank is usually useless.
You need to remove any Microsoft Windows Internt Explorer 7 add-ons in Microsoft Windows Vista Computers that do not have prior approval from the following authorities: Microsoft System manufacturerService providerWhat should you do?（）A.AB.BC.CD.D
You have two desktop computers at your home. You establish a remote desktop connection from one computer to the other.The remote session fails to show the desktop background of the remote computer. You need to view the desktop background when you establish a remote session.What should you do?（）A.AB.BC.CD.D
The World Bank says a large proportion of the poor have no ________ to banks.A.entryB.pathC.roadD.access
资料：The data a bank has stored on its servers is more valuable than the gold in its vaults. Banks enjoy a monopoly over data that has helped them get away with poor services and fend off competitors. In Europe, at least, that is all about to change with a new set of regulations, named PSD2.The rules will compel banks to share data easily with licensed third parties. Bankers in Europe complain that their profits and customer relationships are under threat. However, opening up banks, and the data they store, is good for consumers and competition, New providers will be better placed to offer all sorts of innovative services, such as a one-click option to put unspent monthly income into a pension plan.Nevertheless, some concerns about PSD2 are legitimate. In particular, it is reasonable to wonder about the privacy and security implications of sensitive financial date being shared with third parties. But banks themselves are hardly invulnerable to cyber attacks （网络攻击）.And the solutions that the European regulators propose to deal with these worries look promising. Third parties that want to use bank data will need to convince national regulators that their data defenses are solid and are subject to annual regulatory inspections.The gap between writing rules and implementing them is always large. First, consent from customers to provide access to their bank data must be gained explicitly, and the purposes of the data use should be clearly explained. Second, regulators must be very tough both in ensuring that banks open up their infrastructure and in withdrawing the licenses of third parties that break the rules. Third, regulators must also be flexible enough to allow for changes as the market evolves. Since the new entrants will not be licensed to engage in riskier financial activities——such as lending money——it makes sense to regulate them with a lighter touch. But if some Fintech providers do end up becoming systemically important, higher standards of oversight might be necessary.What is the passage mainly about？A.Challenges facing European regulators.B.A new regulation in Europe that opens banks to competition.C.The solutions to the flawed banking system in Europe.D.A looming threat to customers' private bank data.
资料：The data a bank has stored on its servers is more valuable than the gold in its vaults. Banks enjoy a monopoly over data that has helped them get away with poor services and fend off competitors. In Europe, at least, that is all about to change with a new set of regulations, named PSD2.The rules will compel banks to share data easily with licensed third parties. Bankers in Europe complain that their profits and customer relationships are under threat. However, opening up banks, and the data they store, is good for consumers and competition, New providers will be better placed to offer all sorts of innovative services, such as a one-click option to put unspent monthly income into a pension plan.Nevertheless, some concerns about PSD2 are legitimate. In particular, it is reasonable to wonder about the privacy and security implications of sensitive financial date being shared with third parties. But banks themselves are hardly invulnerable to cyber attacks （网络攻击）.And the solutions that the European regulators propose to deal with these worries look promising. Third parties that want to use bank data will need to convince national regulators that their data defenses are solid and are subject to annual regulatory inspections.The gap between writing rules and implementing them is always large. First, consent from customers to provide access to their bank data must be gained explicitly, and the purposes of the data use should be clearly explained. Second, regulators must be very tough both in ensuring that banks open up their infrastructure and in withdrawing the licenses of third parties that break the rules. Third, regulators must also be flexible enough to allow for changes as the market evolves. Since the new entrants will not be licensed to engage in riskier financial activities——such as lending money——it makes sense to regulate them with a lighter touch. But if some Fintech providers do end up becoming systemically important, higher standards of oversight might be necessary.Which of the following is true in order to successfully implement PSD2？A.Customers are forced to share their bank data.B.Banks are required to open up their entire operational system.C.Regulators should be both tough and flexible.D.Banks and third parties should be regulated with a light touch.
资料：In the United States of America, banks are categorized into the federally-chartered bank which received their charter from the Office of the Comptroller of the Currency（OCC）; these are referred to as “National Banks”; and also the states-chartered banks which receive their charter from the superintendent to as “State Banks”. Banks are allowed to register either with the federal or the state authority. Let us now look at the organizational structure of Commercial Banks, which include unit banking, group banking and branch banking.The main characteristic of unit banking is that it can operate only a single full service bank from a single location. Unit banking institutions are not allowed to have branch networks. However, unit banking does not necessarily have to be small. In fact, many unit banks are quite large.Group banking refers to banking operations conducted by a corporation owning more than one bank. The group banking system usually exists in the states where branch banking is prohibited.As for branching, it is sometimes referred to “limited branching” or “stateside branching”. Limited branching allows bank to operate branches within geographic territories authorized by the state law. Stateside branching implies that bank branches are allowed to operate anywhere within the state. New York State, California, Florida and some others are stateside branch banking areas which Minnesota, Arkansas, lower and others are limited branching areas.In the United States, there are also specialized banks including the Edge Act Banks, the international Banking Facility, the bankers’ banks, the saving banks, the savings and loans associations, the credit unions and government owned and the Real Estate Investment Trust （TEIT）.There are also non-bank financial institutions in the USA, including the securities firms, the leasing and commercial finance companies, the mortgage bankers and the Real Estate Investment Trust （REIT）.Let us now look at the Federal System. Commonly known as the Federal Reserve Bank or the “Fed”, this is the Central Bank of the United States founded in 1913. It determines the reserve requirement within limits set by the US Congress. The function of the Fed is economic stabilization through the management of the nation’s money supply. The Federal Reserve System comprises a board of governors with 7 members stationed in Washington D.C Reserve Banks, including Boston，New York City, Dallas and San Francisco.The Federal Reserve Act（FRA）1913 set out the powers of the Fed which, on top of the regular central bank’s objectives, emphasize the following.i.Managing the monetary system and money supply of the USA;ii.Providing funds as the lender of last report;iii.Providing for an efficient cherub clearing system;iiii.Providing a rigorous banking supervision system.Which of the following is TRUE?（ ）A.The Fed undertakes banking supervision over banking system in the USA.B.The savings banks in the USA are authorized to do real estate business by some states’ law.C.Specialized banks in the USA provide funds as the lender of last resort.D.Specialized banks in the USA are the same to those in China.
资料：The data a bank has stored on its servers is more valuable than the gold in its vaults. Banks enjoy a monopoly over data that has helped them get away with poor services and fend off competitors. In Europe, at least, that is all about to change with a new set of regulations, named PSD2.The rules will compel banks to share data easily with licensed third parties. Bankers in Europe complain that their profits and customer relationships are under threat. However, opening up banks, and the data they store, is good for consumers and competition, New providers will be better placed to offer all sorts of innovative services, such as a one-click option to put unspent monthly income into a pension plan.Nevertheless, some concerns about PSD2 are legitimate. In particular, it is reasonable to wonder about the privacy and security implications of sensitive financial date being shared with third parties. But banks themselves are hardly invulnerable to cyber attacks （网络攻击）.And the solutions that the European regulators propose to deal with these worries look promising. Third parties that want to use bank data will need to convince national regulators that their data defenses are solid and are subject to annual regulatory inspections.The gap between writing rules and implementing them is always large. First, consent from customers to provide access to their bank data must be gained explicitly, and the purposes of the data use should be clearly explained. Second, regulators must be very tough both in ensuring that banks open up their infrastructure and in withdrawing the licenses of third parties that break the rules. Third, regulators must also be flexible enough to allow for changes as the market evolves. Since the new entrants will not be licensed to engage in riskier financial activities——such as lending money——it makes sense to regulate them with a lighter touch. But if some Fintech providers do end up becoming systemically important, higher standards of oversight might be necessary.According to the first two paragraphs, what will banks in Europe be forced to do？A.To keep clients’ data safe.B.To close down the poor services.C.To give up their data monopoly.D.To disclose their sources of profits.
资料：The data a bank has stored on its servers is more valuable than the gold in its vaults. Banks enjoy a monopoly over data that has helped them get away with poor services and fend off competitors. In Europe, at least, that is all about to change with a new set of regulations, named PSD2.The rules will compel banks to share data easily with licensed third parties. Bankers in Europe complain that their profits and customer relationships are under threat. However, opening up banks, and the data they store, is good for consumers and competition, New providers will be better placed to offer all sorts of innovative services, such as a one-click option to put unspent monthly income into a pension plan.Nevertheless, some concerns about PSD2 are legitimate. In particular, it is reasonable to wonder about the privacy and security implications of sensitive financial date being shared with third parties. But banks themselves are hardly invulnerable to cyber attacks （网络攻击）.And the solutions that the European regulators propose to deal with these worries look promising. Third parties that want to use bank data will need to convince national regulators that their data defenses are solid and are subject to annual regulatory inspections.The gap between writing rules and implementing them is always large. First, consent from customers to provide access to their bank data must be gained explicitly, and the purposes of the data use should be clearly explained. Second, regulators must be very tough both in ensuring that banks open up their infrastructure and in withdrawing the licenses of third parties that break the rules. Third, regulators must also be flexible enough to allow for changes as the market evolves. Since the new entrants will not be licensed to engage in riskier financial activities——such as lending money——it makes sense to regulate them with a lighter touch. But if some Fintech providers do end up becoming systemically important, higher standards of oversight might be necessary.What can be inferred from passage on the effects of PSD2 in the second paragraph？A.Customers are more likely to enjoy more innovative services.B.People will no longer go to banks to deposit their money.C.Service providers do not want to partner with banks.D.People will receive more pension.
资料：In the United States of America, banks are categorized into the federally-chartered bank which received their charter from the Office of the Comptroller of the Currency（OCC）; these are referred to as “National Banks”; and also the states-chartered banks which receive their charter from the superintendent to as “State Banks”. Banks are allowed to register either with the federal or the state authority. Let us now look at the organizational structure of Commercial Banks, which include unit banking, group banking and branch banking.The main characteristic of unit banking is that it can operate only a single full service bank from a single location. Unit banking institutions are not allowed to have branch networks. However, unit banking does not necessarily have to be small. In fact, many unit banks are quite large.Group banking refers to banking operations conducted by a corporation owning more than one bank. The group banking system usually exists in the states where branch banking is prohibited.As for branching, it is sometimes referred to “limited branching” or “stateside branching”. Limited branching allows bank to operate branches within geographic territories authorized by the state law. Stateside branching implies that bank branches are allowed to operate anywhere within the state. New York State, California, Florida and some others are stateside branch banking areas which Minnesota, Arkansas, lower and others are limited branching areas.In the United States, there are also specialized banks including the Edge Act Banks, the international Banking Facility, the bankers’ banks, the saving banks, the savings and loans associations, the credit unions and government owned and the Real Estate Investment Trust （TEIT）.There are also non-bank financial institutions in the USA, including the securities firms, the leasing and commercial finance companies, the mortgage bankers and the Real Estate Investment Trust （REIT）.Let us now look at the Federal System. Commonly known as the Federal Reserve Bank or the “Fed”, this is the Central Bank of the United States founded in 1913. It determines the reserve requirement within limits set by the US Congress. The function of the Fed is economic stabilization through the management of the nation’s money supply. The Federal Reserve System comprises a board of governors with 7 members stationed in Washington D.C Reserve Banks, including Boston，New York City, Dallas and San Francisco.The Federal Reserve Act（FRA）1913 set out the powers of the Fed which, on top of the regular central bank’s objectives, emphasize the following.i.Managing the monetary system and money supply of the USA;ii.Providing funds as the lender of last report;iii.Providing for an efficient cherub clearing system;iiii.Providing a rigorous banking supervision system.What is included in the commercial banking system of the USA?（ ）A.The Fed banks, the State banking and group banking.B.The Fed banking, the state banking and group banking.C.Unit banking, group banking and branch banking.D.Specialized banks, group banking and unit banking.
资料：The data a bank has stored on its servers is more valuable than the gold in its vaults. Banks enjoy a monopoly over data that has helped them get away with poor services and fend off competitors. In Europe, at least, that is all about to change with a new set of regulations, named PSD2.The rules will compel banks to share data easily with licensed third parties. Bankers in Europe complain that their profits and customer relationships are under threat. However, opening up banks, and the data they store, is good for consumers and competition, New providers will be better placed to offer all sorts of innovative services, such as a one-click option to put unspent monthly income into a pension plan.Nevertheless, some concerns about PSD2 are legitimate. In particular, it is reasonable to wonder about the privacy and security implications of sensitive financial date being shared with third parties. But banks themselves are hardly invulnerable to cyber attacks （网络攻击）.And the solutions that the European regulators propose to deal with these worries look promising. Third parties that want to use bank data will need to convince national regulators that their data defenses are solid and are subject to annual regulatory inspections.The gap between writing rules and implementing them is always large. First, consent from customers to provide access to their bank data must be gained explicitly, and the purposes of the data use should be clearly explained. Second, regulators must be very tough both in ensuring that banks open up their infrastructure and in withdrawing the licenses of third parties that break the rules. Third, regulators must also be flexible enough to allow for changes as the market evolves. Since the new entrants will not be licensed to engage in riskier financial activities——such as lending money——it makes sense to regulate them with a lighter touch. But if some Fintech providers do end up becoming systemically important, higher standards of oversight might be necessary.According to paragraph 3, what is the probable reason that privacy concerns about PSD2 are unnecessary？A.Third parties will have to buy fraud insurance.B.Regulators have come up with promising solutions.C.Banks' defense against cyber attacks is strong.D.Third parties will check clients' data monthly.
We appreciate your suggestion （） establish agency relationship between our two banks.AthatBforCweDTo
What best explains why the banking industry is ready to take advantage of an integrated network infrastructure？（）A、 Many banks are still connecting via dial-up.B、 Many banks need to consolidate departments and resources.C、 Many banks find themselves with an obsolete branch infrastructure.D、 Many banks need back-office process streamlining.
You are Cisco Channel Partner Account Manager. You need to explain why the banking industryis ready to take advantage of an integrated network infrastructure. What is your explanation？（）A、 Because Banks are still connecting via dial-up.B、 Because Banks need to save cost.C、 Because Banks find themselves with an obsolete branch infrastructure.D、 Many banks need back-office process streamlining.
You have a FAT32-formatted volume.You need to enable file-level security on the volume. The solution must maintain all files on the volume. What should you do？（）A、Run the sfc.exe command-line tool.B、Run the convert.exe command-line tool. C、From Disk Management, format the volume and select the NTFS file system.D、From Disk Management, upgrade the disk that contains the volume to a dynamic disk.
单选题You are Cisco Channel Partner Account Manager. You need to explain why the banking industryis ready to take advantage of an integrated network infrastructure. What is your explanation？（）A Because Banks are still connecting via dial-up.B Because Banks need to save cost.C Because Banks find themselves with an obsolete branch infrastructure.D Many banks need back-office process streamlining.
单选题What best explains why the banking industry is ready to take advantage of an integrated network infrastructure？（）A Many banks are still connecting via dial-up.B Many banks need to consolidate departments and resources.C Many banks find themselves with an obsolete branch infrastructure.D Many banks need back-office process streamlining.
单选题All electrical appliances aboard a vessel should be grounded to（）.Aprevent them from falling when the vessel rollsBprotect personnel from electrical shockCincrease their operating efficiencyDprevent unauthorized personnel from operating them