Income of the Board of Governors____.

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• 1The authority of the Federal Reserve____.

  A.has to be shared with other establishmentsis

  B.is exclusive at other times

  C.isn’t limited by comptroller of the Currency and FDIC

  D.is limited by Board of Governors

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• 2Which of the following statements is NOT true according to the passage、

  A.The Fed is a very big, complex and significant system which comprises many local banks.

  B.All the commercial banks are not the components of Federal Reserve System.

  C.Board of Governors is the supreme policy-makers of Federal Reserve System.

  D.District Reserve banks rather than Board of Governors perform the daytoday policies.

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• 3The fact that stock in the Fed belongs to commercial banks____.

  A.doesn’t mean the latter is in control 

  B.means the latter is in control

  C.means the latter is subjected to the Reserve banks 

  D.means the Reserve banks orient the latter’s policies

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• 4The Fed of the United States____.

  A.functions as China Bank 

  B.is the counterpart of People’s Bank of China

  C.is subject to the banking community and government

  D.has 13 top officers who can influence the American financial market

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• 5The passage suggests that the Southern Railway of Britain is now .

  A.controlled by the local people 

  B.in financial difficult

  C.under a different name 

  D.financially sound

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• 6What does the author seem to think of King Henry 、

  A.He was the best king England had ever had.

  B.He was a better ruler than King Richard.

  C.He was unfair and cowardly.

  D.He was just as evil as King Richard.

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• 7How did King Henry find out about the plot 、

  A.His scouts discovered it. 

  B.He saw the conspirators coming.

  C.One of the conspirators told him.

  D.He found a copy of the conspirators’ plan.

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• 8Why did the nobles wish to kill King Henry、

  A.Henry had taken away power given to them by King Richard.

  B.Henry was weak, treacherous, and wicked.

  C.Henry had needlessly killed members of their families.

  D.Henry had killed King Richard.

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• 9It can be inferred that Richard II’s reign was____.

  A.peaceful

  B.corrupt

  C.democratic

  D.illegal

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• 10The main purpose of the passage is to____.

  A.prove that Richard II was a bad king 

  B.explain the customs of fifteenth-century England

  C.describe some typical English kings

  D.discuss the conspiracy against Henry IV

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