[简答题]The reform of tile financial system and particularly the diversification of banking institutions have increased competition in file banking sector and improved financial services in China. Apart from the traditional deposit taking and lending business, commercial banks now offer a broad range of intermediary services such as international settlement, bankcards, private banking, and financial consulting.

[简答题]

Five Problems Financial Reform Doesn’t Fix

The legislation concerning financial reform focuses on helping regulators detect and defuse (减少……的危险) the next crisis. But it doesn’t address many of the underlying conditions that can cause problems.
The legislation gives regulators the power to oversee shadow banks and take failing firms apart, convenes a council of superregulators to watch the megafirms that pose a risk to the full financial system, and much else.
But the bill does more to help regulators detect the next financial crisis than to actually stop it from happening. In that way, it’s like the difference between improving public health and improving medicine: The bill focuses on helping the doctors who figure out when you’re sick and how to get you better rather than on the conditions (sewer systems and air quality and hygiene standards and so on) that contribute to whether you get sick in the first place.
Tha

[单项选择]

Five Problems Financial Reform Doesn’t Fix

The legislation concerning financial reform focuses on helping regulators detect and defuse (减少……的危险) the next crisis. But it doesn’t address many of the underlying conditions that can cause problems.
The legislation gives regulators the power to oversee shadow banks and take failing firms apart, convenes a council of superregulators to watch the megafirms that pose a risk to the full financial system, and much else.
But the bill does more to help regulators detect the next financial crisis than to actually stop it from happening. In that way, it’s like the difference between improving public health and improving medicine: The bill focuses on helping the doctors who figure out when you’re sick and how to get you better rather than on the conditions (sewer systems and air quality and hygiene standards and so on) that contribute to whether you get sick in the first place.
That is to
A. Strengthening the regulation of banks and companies.
B. Lessening the workload of doctors.
C. Curbing the occurrence of financial crises.
D. Elimination of underlying causes of financial crises.

[简答题]The participants in the financial system can be classified into five broad groups: savers; investors and other borrowers; financial intermediaries; brokers and advisers; and regulators.

[简答题]With the nation’s financial system teetering (蹒跚) on a cliff, the compensation arrangements for executives of the big banks and other financial firms are coming under close examination again.
Bankers’ excessive risk-taking is a significant cause of this financial crisis and has contributed to others in the past. In this case, it was fueled by low interest rates and kept going by a false sense of security created by a debt-fueled bubble in the economy.
Mortgage lenders gladly lent enormous sums to those who could not afford to pay them back, dividing the loans and selling them off to the next financial institution along the chain, which took advantage of the same high-tech securitization (证券化) to load on more risky mortgage-based assets.
Financial regulation will have to catch up with the most irresponsible practices that led banks down this road, in hopes of averting the next crisis, which is likely to involve different financial techniques and different sorts of assets.

[填空题]Tile system of spelling of Modem English is based on pronunciation and foreign language word origin as well.

[简答题]The reform of Chinese foreign exchange system accelerated in 1994 with the introduction of conditional current account convertibility, unification of exchange market and adoption of a market-based managed floating exchange rate.

[单项选择]The criminal justice system is in need of （）reform to prevent more people from being wrongfully imprisoned.
A. temporary
B. hasty
C. immediate
D. urgent

[单项选择]　Reform on the Road 　　Will the reform on the use of government cars really reduce office expenditure　51　 this count There are no reports 52 such an outcome although some local　governments have moved in that direction. 　　Hangzhou government 　　53　　 its reform last month. Officials below the level of deputy bureau chief cannot use official trips for business trips. Instead they get subsidies between 300 and 2,600 yuan a month according to their administrative rank. This reform is supposed to save the government the money involving in 　　54 　　a large number of cars. 　　Hangzhou in east China Zhejiang province is not the first to attempt 　　55　　 reform. Nanjing, capital of the neighboring Jiangsu province, did so five years ago, yet there is no report available of how much money the Nanjing government has saved 56 these measures. All that we know about is the fact 57　　 government officials get monthly subsidies for business 　　The public have a right to 58 for transparency on the results o
A. increased
B. to be increased
C. to increase
D. increase