What do large banks allow individual banks to do？A．To sell credit cards to consumers.B．To

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.

听力原文：W: Do the banks set the same credit lines to all the customers？

M: No. Banks normally set different credit lines to different groups of cardholders. That depends on the personal income, the occupation, and to a large extent, on the creditworthiness of the customer.

Q: What will be the credit line if a customer is a professor and has a good reputation？

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A．The credit line will be lower than usual.

B．The credit line will be higher than usual.

C．The credit line will be as usual.

D．The credit line will be indefinite.

estriction in America's banking operation, although many others still remain. Although the ruling does not apply to very large money-center banks, it is move in a liberalizing direction that could at last push Congress into framing a sensible legal and regulatory system that allows banks to plan their future beyond the next court case.

The restrictive laws that the courts are interpreting are mainly a legacy of the bank failures of the 1930s. The current high rate -- higher than at any time since the Great Depression -- has made legislators afraid to remove the restrictions. While legislative timidity is understandable, it is also mistaken. One reason so many American banks are getting into trouble is precisely that the old restrictions make it hard for them to build a domestic base large and strong enough to support their activities in today's telecommunicating round-the-clock, around-the-world financial markets. In trying to escape from these restrictions, banks are taking enormous, and what should be unnecessary, risks. For example, would a large bank be buying small, failed savings banks at inflated prices if federal law and states' regulations permitted that bank to expand through the acquisition of financially healthy banks in the region7 Of course not. The solution is clear American banks will be sounder when they are not geographically limited. The House of Representative's banking committee has shown part of the way forward by recommending common-sensible, though limited, legislation for a five-year transition to nationwide banking. This would give regional banks time to group together to form. counterweights to the big money-center banks. Without this breathing space the big money-legislation should be regarded as only a way station on the road towards a complete examination of American's suitable banking legislation.

The author’s attitude towards the current banking laws is best described as one of _______.

A．concerned dissatisfaction

B．tolerant disapproval

C．uncaring indifference

D．great admiration

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.

What does Lucia Dunn think might be a risk for the credit card issuing banks？

A.They go bankrupt as a result of over-lending.

B.They lose large numbers of their regular clients.

C.Their clients leave their debts unpaid upon death.

D.Their interest rates have to be reduced now and then.

What will happen if there is one commercial bank and no thrifts in a small town？

A．The residents will deposit their money with the bank.

B．The local bank will provide business loans to the commercial bank.

C．Some large banks will transport money by check to the bank.

D．People in the area will not deposit money with the bank.

听力原文： A certificate of deposit (CD) is a time deposit with a bank. Time deposits may not be withdrawn on demand like a check account. CDs are generally issued by commercial banks but they can be bought through brokerages. They bear a specific maturity date that usually lasts from 3 months to 5 years, a specified interest rate, and can be issued in any denomination, very similar to bonds. CDs offer a slightly higher yield than T-Bills because of the slightly higher default risk for a bank, but overall the likeliness of a large bank going broke is pretty slim. Of course, the amount of interest you earn depends on a number of factors such as the current interest rate environment, how much money you invest, the length of time, and your specific bank.

24. What is a CD？

25.Which of the followings generally issue CDs？

26.How long does a specific maturity usually last？

27.Why do CDs pay higher return to investors than T-bills？

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A．A term deposit that can be drawn at any time.

B．A time deposit with a bank.

C．A current deposit.

D．A cheek account.

A.We should plants more trees and flowers.

B.We should clean the banks of our rivers.

C.We should know what will happen in the future.

D.We should know what we must do and begin to do now.

A.when

B.What

C.Why

D.How

A．We should clean the banks of our rivers

B．We should know what will happen in the future

C．We should know what we should do and do it now

D．We should plant more trees and flowers