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资料题:What conclusion can be drawn from the passage?

发布时间:2021-03-19

A.Richard Bove and Doug Elliott mustbe opponents in their real life.

B.The treasury officials had made a bigmistake to lift up the amount ofcapital banks are required to hold inreserve.

C.Banks will raise the loan price by 4%if they are required to raise theamount of capital reserves.

D.The economy recession is likely tolast for severalyears in thecountry.

参考资料

FACE-OFFKEEP IT IN THE BANKTreasury officials want to increase the amount of capital that banks are required to hold in reserve. Sounds like a good idea, but will it squeeze lending and actually slow the economic recovery? Here fllow the perspectives of two experts:RICHARD BOVE, (a famous bank analyst at Rochdale Securities): Yes. Capital reseves are higher than they've been since 1936. That wasn't the problem last year; it was that banks had to write down assets at disressed prices. The govenment is sending contradictory signals here, tlling banks to increase lending and increase capital atthe same time. You can't do both, so of course lending is going to tighten if you mandate higher capital reserves.DOUG ELIOTT,(a fllow at the Broklings lstition): No. My researh shows that if the minimum equity capital requirements were raised by 4 percent, the prices of a loan might go up only 0.2 percent. That's negligble compared with the stabilty benefits of btter-aptalized banks. The cost of capital is usually only a fifth of the total cost of a loan, and banks have several levers to pull besides loan price to deal with the need for more capital.OUR VERDICT: The smart way to do this is to link the amount of capital banks have to hold in reserve to the amount of risk they take. The riskier they are, the more capital they need. Changes likely won't take place until 2011, so banks will have plenty time to prepare.

试卷相关题目

  • 1Which of the following words can best describe the viewpoints between Richard Bove and Doug Elott?

    A.Contradictory

    B.Much alike

    C.Totally identical

    D.Supporting each other

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  • 2What is the main problem raised by the host in the commentary?

    A.Whether Mr. Bove and Mr. Elliott'sviews are correct

    B.Whether it is good to lift up theamount of capital reserves

    C.The deep reason for Mr. Bove andMr. Eliott to hold different opinions

    D.How to accelerate the economicrecovery

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  • 3What does Jamie Swane probably do according to the letter?

    A.Manager ofthe IntemationalCommunication Center

    B.Secretary of the coming workshop

    C.President assistant of the YaleUniversity

    D.Personnel manager of IMF

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  • 4What is the main purpose of Jamie Swane's writing this letter?

    A.Informing the university studentsof attending a workshop

    B.Introducing the workshop to theaudience briefly

    C.Confirming of one's registration fora workshop

    D.Advertising for an internationalworkshop

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  • 5Which of the following statements is true according to the graph?

    A.January was the most profitableone of the eight months.

    B.In March, income, expenditure andadvertising costs were all higherthan that of the previous twomonths.

    C.In August, advertising costs wereat the peak.

    D.In July, income and expenditurewere the sam

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  • 6Which of the following statements is true according to the medicine label?

    A.Parapain can be used to cure thecolds and flu.

    B.You cannot take the Parapainwithout the doctor 's instructions.

    C.Heorshemustbesenttoseeadoctor at once when overdosingParapain.

    D.Each bottle of Parapain contains 15tablets.

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  • 7Supposed that Tim were a 15-year-old boy who caught flu, how many tablets could he take at most in 24 hours?

    A.12 tablets

    B.8 tablets

    C.6 tablets

    D.4 tablets

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  • 8What is the main function of this letter?

    A.To inform the President of LockwoodHealth Association of her specialpresentation

    B.To praise afewstudents irLockwood Middle School

    C.To invite an important figure toattend a presentation

    D.To demonstrate the ability of thestudents in Lockwood Midle Schoal

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  • 9Which of the following activities will NOT be involved at the presentation?

    A.Different kinds of suggestions will beraised to improve the employmentsituation for youngster in this area.

    B.Ms. Harris is supposed to deliver aspeech to all the students from thismiddle school.

    C.An award-giving ceremony will beheld in the media room.

    D.There will be special snack for theguests during the ceremony.

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  • 10What does Ms. Susan Harris intend to convey by saying that Ms. Coling is”one of the prominent figures”?

    A.The President of Lockwood HealthAssociation isaVIP inthiscommunity.

    B.Ms. Jody Coling is a superstar whois very popular with the students.

    C.Ms. Jody Coling's figure is veryslender.

    D.The students are very familiar withthe President of Lockwood HealthAssociation.

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