Econ 3030 - Money, Banking and the Economy » Fall 2021 » Quiz 5
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Question #1
U.S. banks are chartered by different government agencies depending on whether they are national or state banks.
A.
TRUE
B.
FALSE
Question #2
Which is not represented by CAMELSI in banking regulation?
A.
management
B.
information technology
C.
earnings
D.
capital
E.
sensitivity to market risk
F.
equity
Question #3
Bank examiners assign bank ratings in the scale of
A.
1-4
B.
0 - 4
C.
0 - 3
D.
0 - 5
E.
1-5
Question #4
In order to be classified as well capitalized, a bank needs to have a risk based capital (RBC) ratio of at least ___________%.
A.
15
B.
8
C.
2
D.
10
Question #5
If a bank is rated critically undercapitalized, OCC can close the bank ___________.
A.
within 30 days
B.
within 90 days
C.
within one year
D.
right away
Question #6
The Basel Accord is ________________.
A.
a banking conference in Italy
B.
a ski resort where international banking regulators meet
C.
a U.S. regulation.
D.
an international banking regulatory act
Question #7
In the eye of banking regulation, commercial loans are riskier than mortgage loans.
A.
TRUE
B.
FALSE
Question #8
bank regulators are not concerned about ________.
A.
the bank's asset quality and its riskiness
B.
the nationality of the bank's owner
C.
liquidity of the bank
D.
competency of management of the bank
Question #9
FDIC insures bank deposits __________.
A.
without limit, infinite amount
B.
up to a limited amount
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