—Read the article below about Federal Deposit Insurance Corporation.—Choose the best word

—Read the article below about Federal Deposit Insurance Corporation.

—Choose the best word to fill each gap, from A, B, C or D.

—For each question 19-33, make one letter (A, B, C or D) on your Answer Sheet,

—There is an example at the beginning.

Federal Deposit Insurance Corporation

Before 1993, and particularly during the period 1929-33, bank failures were not uncommon. (19)______ a bank overextended itself in creating credit or if several of its important loans could not be repaid, depositors in the bank would frequently become panicky (惊慌的) and (20)______ to make large withdrawals. (21)______ the bank had only a small number of its deposits backed by currency, the bank would soon be unable to meet withdrawals, and most depositors (22)______ their money. Most frequently a bank merely needed time to improve its cash position by calling in some of its loans and not making additional ones. In 1933, the number of bank failures (23)______ a peak, forcing the federal government to intervene and (24)______ the banks temporarily (暂时地). To help restore the public's confidence in banks and strengthen the banking community, Congress passed legislation setting (25)______ the Federal Deposit Insurance Corporation. (26)______ corporation, an agency of the federal government, now insures over 90 percent of all mutual (互相的) savings and commercial bank deposits for (27)______ $100,000 per deposit. The FDIC has (28)______ its insurance fund by charging member institutions one-twelfth of 1 percent of their total deposits.

As a result of the protection (29)______ by the FDIC and through other kinds of supervision (监管), bank failures have been reduced to a few isolated instances. When deposits are federally insured, people (30)______ rush to withdraw their money if they (31)______ the financial condition of their bank. The delay gives the banks the necessary time to adjust their cash credit balance, and this action helps to reduce the (32)______ of bankruptcy (破产). For an example of the value of the FDIC, note that the failure in 1974 of the huge Franklin National Bank did not (33)______ a panic, and that depositors lost no money as Franklin was taken over by another bank.

A．Although

B．Even if

C．If

D．Because