1.The term for commercial bank regulations designed to encourage banks to lend to socially important sectors such as housing and farming is ______________________ regulations.

A.consumer protection

B.credit allocation

C.investor protection

D.safety and soundness

E.monetary policy

2.Member countries of the Bank for International Settlements, including the U.S., reached agreement in 1988 on the use of new risk-based capital ratios for bank regulation.This agreement is called:

A.the Basel accord

B.Glass-Steagall

C.NAFTA

D.the Tier II agreement

E.the Treasury Accord

3.By U.S. regulation, FDIC deposit insurance is now generally limited to ________________ per depositor per bank.By European Union (EU) regulation, all EU countries must offer deposit insurance in a scheme funded by their financial institutions in the amount of ____________

A.$50,000, none

B.$100,000, 50,000

C.$150,000, 75,000

D.$250,000, 100,000

E.unlimited, unlimited

4.The ________ introduced the prompt corrective action policy that requires federal intervention when a bank's capital falls below certain minimums.

A.Federal Deposit Insurance Corporation Improvement Act

B. Financial Services Modernization Act

C. USA Patriot Act

D. Foreign Bank Supervision Enhancement Act

E. Foreign Banking Activity Powers Enforcement Act

5.After the Depression, the largest number of bank failures in the U.S. occurred in which time span?

A.1956-1965

B.1966-1975

C.1976-1985

D.1986-1995

E.1996-2005