The organization that today is know

The organization that today is known as the Bank of America did start out in America, but
under quite a different name. Italian American A.P. Giannini established this bank on October 17,
1904, in a renovated saloon in San Francisco’s Italian community of North Beach under the name
Bank of Italy, with immigrants and first-time bank customers comprising the majority of his first
customers. During its development, Giannini’s bank survived major crises in the form of a natural
disaster and a major economic upheaval that not all other banks were able to overcome.
One major test for Giannini’s bank occurred on April 18, 1906, when a massive earthquake
struck San Francisco, followed by a raging fire that destroyed much of the city. Giannini obtained
two wagons and teams of horses, filled the wagons with the bank’s reserves, mostly in the form of
gold, covered the reserves with crates of oranges, and escaped from the chaos of the city with his
clients’ funds protected. In the aftermath of the disaster, Giannini’s bank was the first to resume
operations. Unable to install the bank in a proper office setting, Giannini opened up shop on the
Washington Street Wharf on a makeshift desk created from boards and barrels.
In the period following the 1906 fire, the Bank of Italy continued to prosper and expand. By
1918 there were twenty-four branches of the Bank of Italy, and by 1928 Giannini had acquired
numerous other banks, including a Bank of America located in New York City. In 1930 he
consolidated all the branches of the Bank of Italy, the Bank of America in New York City, and
another Bank of America that he had formed in California into the Bank of America National Trust
and Savings Association.
A second major crisis for the bank occurred during the Great Depression of the 1930s.
Although Giannini had already retired prior to the darkest days of the Depression, he became
incensed when his successor began selling off banks during the bad economic times. Giannini
resumed leadership of the bank at the age of sixty-two. Under Giannini’s leadership, the bank
weathered the storm of the Depression and subsequently moved into a phase of overseas
development.
Question 61: According to the passage, Giannini
A. opened the Bank of America in 1904.
B. worked in a bank in Italy.
C. set up the Bank of America prior to setting up the bank of Italy.
D. later changed the name of the Bank of Italy.
Question 62: Where did Giannini open his first bank?
A. In New York City B. in what used to be a bar
C. On Washington Street Wharf D. on a makeshift desk
Question 63: According to the passage, which of the following is NOT true about the San
Francisco earthquake?
A. It happened in 1906. B. It occurred in the aftermath of a fire.
C. It caused problems for Giannini’s bank. D. It was a tremendous earthquake.
Question 64: The word “raging” in paragraph 2 could best be replaced by
A. angered B. localized C. intense D. feeble
Question 65: It can be inferred from the passage that Giannini used crates of oranges after the
earthquake
A. to hide the gold. B. to fill up the wagons.
C. to provide nourishment for his customers. D. to protect the gold from the fire.
Question 66: The passage states that after his retirement, Giannini
A. began selling off banks. B. caused economic misfortune to occur
C. supported the bank’s new management. D. returned to work.
Question 67: The expression “weathered the storm of” in the last paragraph could best be replaced
by
A. found a cure for B. rained on the parade of
C. survived the ordeal of D. blew its stack at
Question 68: Where in the passage does the author describe Giannini’s first banking clients?
A. Lines 2-5 B. Lines 7-8 C. Lines 12-13 D. Lines 14-16
Question 69: How is the information in the passage presented?
A. In chronological order B. In order of importance
C. A cause followed by an effect D. Classifications with examples
Question 70: The paragraph following the passage most likely discusses
A. bank failures during the Great Depression.
B. a third major crisis of the Bank of America.
C. the international development of the Bank of America.
D. how Giannini spent his retirement.
Mark the letter A, B, C or D on your answer

Kết quả (Anh) 1:

The organization that today is known as the Bank of America did start out in America, but under quite a different name. Italian American A.P. Giannini established this bank on October 17, 1904, in a renovated saloon in San Francisco's Italian community of North Beach under the name The Bank of Italy, with a State and first-time bank customers comprising the majority of his first customers. During its development, Giannini's bank survived major crises in the form of a natural disaster and a major economic upheaval that not all other banks were able to overcome.One major test for Giannini's bank occurred on April 18, 1906, when a massive earthquake struck San Francisco, followed by a raging fire that destroyed much of the city. Giannini obtained two wagons and teams of horses, filled the wagons with the bank's reserves, mostly in the form of Gold, covered the energy reserves with crates of oranges, and escaped from the chaos of the city with his clients ' funds protected. In the aftermath of the disaster, Giannini's bank was the first to resume operations. Unable to install the bank in a proper office setting, Giannini opened up shop on the Washington Street Wharf on a makeshift desk created from boards and barrels.In the period following the 1906 fire, the Bank of Italy continued to prosper and expand. By 1918 there were twenty-four branches of the Bank of Italy, and by 1928 Giannini had acquired numerous other banks, including a Bank of America located in New York City. In 1930 he consolidated all the branches of the Bank of Italy, the Bank of America in New York City, and Another Bank of America that he had printer well-formed California into the Bank of America National Trust and Savings Association.A second major crisis for the bank occurred during the Great Depression of the 1930s. Although Giannini had already retired prior to the darkest days of the Depression, he became incensed when his successor began selling off banks during the bad economic times. Giannini resumed leadership of the bank at the age of sixty-two. Under Giannini's leadership, the bank weathered the storm of the Depression and subsequently moved into a phase of overseas development.Question 61: According to the passage, GianniniA. opened the Bank of America in 1904.B. worked in a bank in Italy.C. set up the Bank of America prior to setting up the bank of Italy.D. later changed the name of the Bank of Italy.Question 62: Where did Giannini open his first bank?A. In New York City b. in what used to be a barC. On Washington Street Wharf d. on a makeshift deskQuestion 63: According to the passage, which of the following is NOT true about the San Francisco earthquake?A. It happened in 1906. B. It occurred in the aftermath of a fire.C. It caused problems for Giannini's bank. D. It was a tremendous earthquake.Question 64: The word "raging" in paragraph 2 could best be replaced byA. angered b. localized c. intense d. feebleQuestion 65: It can be their inferred from the passage that Giannini used crates of oranges after the earthquakeA. to hide the gold. B. to fill up the wagons.C. to provide nourishment for his customers. D. to protect the gold from the fire.Question 66: The passage states that after his retirement, GianniniA. began selling off banks. B. caused economic misfortune to occurC. supported the bank's new management. D. returned to work.Question 67: The expression "weathered the storm of" in the last paragraph could best be replaced byA. found a cure for b. rained on the parade ofC. survived the ordeal of d. blew its stack atQuestion 68: Where in the passage does the author describe Giannini's first banking clients?A. the Lines 2-5 b. Lines 7-8 c. Lines 12-13 d. Lines 14-16Question 69: How is the information in the passage presented?A. In chronological order B. In order of importanceC. A cause followed by an effect D. Classifications with examplesQuestion 70: The paragraph following the passage most likely discussesA. bank failures during the Great Depression.B. a third major crisis of the Bank of America.C. the international development of the Bank of America.D. how Giannini spent his retirement.Mark the letter A, B, C or D on your answer

Kết quả (Anh) 2:

The organization today is known as the mà Bank of America did start out in America, but
under quite a different name. AP Giannini this American Italian bank established on October 17,
1904, in a renovated saloon in San Francisco's North Beach Italian community under the name of
Bank of Italy, with Immigrants and first-time bank customers table comprising the Majority of his first
customers table. During its development, Giannini's bank survived major crises in the form of a natural
disaster and a major Economic upheaval mà not all other banks là thể Overcome.
One major test for Giannini's bank occurred on April 18, 1906, khi Massive Earthquake
struck San Francisco, followed by a raging fire destroyed much of the city mà. Giannini thu được
two wagons and teams of horses, wagons filled with the bank's the Reserves, mostly in the form of
gold, covered with crates of oranges the Reserves, and escaped from the chaos of the city with his
clients' funds protected. In the aftermath of the disaster, Giannini's bank was the first to resume
operations. Unable to install the bank in setting a proper office, Giannini opened up shop on the
Washington Street Wharf on a makeshift desk created from boards and barrels.
In the period 1906 theo fire, the Bank of Italy continued to prosper and expand. By
1918 twenty-four There were branches of the Bank of Italy, and by 1928 had acquired Giannini
Numerous other banks, gồm a Bank of America located in New York City. In 1930 he
consolidated all the branches of the Bank of Italy, the Bank of America in New York City, and
another Bank of America in California mà he had formed Into the Bank of America National Trust
and Savings Association.
A second major crisis for the khi the Great Depression occurred bank of the 1930s.
Although Giannini had already retired prior to the darkest days of the Depression, he became
incensed khi Began his successor banks selling off khi the Bad Economic Times. Giannini
resumed Leadership of the bank at the age of sixty-two. Under Giannini's Leadership, the bank
weathered the storm of the Depression and subsequently moved Into a phase of Overseas
development.
Question 61: theo passage, Giannini
A. opened the Bank of America in 1904.
B. worked in a bank in Italy.
C. set up the Bank of America prior to setting up the Bank of Italy.
D. later changed the name of the Bank of Italy.
Question 62: Where did open his first bank Giannini?
A. In New York City in what used to be B. a bar
C. On Washington Street Wharf on a makeshift desk D.
Question 63: theo passage, mà of những is NOT true about the San
Francisco Earthquake?
A. It happened in 1906. It occurred in the aftermath B. of a fire.
C. It caused problems for Giannini's bank. D. It was a asterisks allow for tremendous Earthquake.
Question 64: The word "raging" in paragraph 2 could best be thay by
A. intense localized B. C. D. angered feeble
Question 65: It can be inferred from the passage crates of oranges used mà Giannini after the
Earthquake
A. to hide the gold. B. to fill up the wagons.
C. cung nourishment for his big customers table. D. to protect the gold from the fire.
Question 66: The passage states mà after his retirement, Giannini
A. Began selling off banks. B. Economic caused misfortune to occur
C. supported the bank's new management. D. trả to work.
Question 67: The expression "weathered the storm of" in the last paragraph could best be thay
by
A. found a cure for rained on the parade B. of
C. survived the ordeal of D. blew its stack at
Question 68: Where in the passage does the author describe Giannini's first banking clients?
A. 2-5 B. 7-8 C. Lines Lines Lines Lines 14-16 12-13 D.
Question 69: How is the information in the passage hiển?
A. In chronological order In order of Importance B.
C. A cause, followed by an effect with examples Classifications D.
Question 70: The paragraph sau Most likely discusses the passage
A. Bank Failures khi the Great Depression.
B. a third major crisis of the Bank of America.
C. the international development of the Bank of America.
D. how Giannini spent his retirement.
Mark the letter A, B, C or D on your answer ngôn