Marketplace or peer-to-peer(P2P)lending matches borrowers and lenders on low-cost online platforms. By skirting banks, P2P lending allows borrower and lender alike to achieve better rates of interest. Essentially, P2P lending is a way of capitalizing on the network effect of social media and the volumes of data generated therein to allow cheaper access to capital. According to Liberum, P2P lending in the U. K. will grow at 98 percent year-on-year in 2015, with ￡3.5 billion presently lent out. Worldwide in 2015, it's estimated that $77 billion will be lent via P2P platforms— $60 billion China, $12 billion U. S. A. and $5 billion U. K. Morgan Stanley's Huw Steenis says, "While marketplace lending is still about 1 percent of unsecured consumer and SME lending in the U. S. , we think it can reach approximately 10 percent by 2020... We forecast the global market to grow to $150 - $490 billion by 2020. " As Liberum's Cormac Leech says, "We are witnessing the biggest changes to the banking sector for 400 years. " P2P lending offers huge opportunities, mainly at the expense of banks, whose biggest margins are traditionally in unsecured lending. Herein is the layer of fat P2P platforms are guzzling(大肆掠食的), picking off the banks' best customers. P2P platforms have also proved superior at harvesting and managing big data, and have lower cost bases than banks. A significant development is that institutional money is now alighting. The largest quoted institutional P2P lender, P2P Global Investment PLC, floated in London last year. It has raised nearly ￡500m and aims to double that this year. As a reward for lofting "transformational" amounts of cash on to various platforms, P2P Global has been accumulating warrants and options on their equity, notably Ratesetter, Zopa, Direct Money and Lending Works. In a twist to this development, Neil Woodford, Britain's most famous fund manager, recently upped his stake in P2P Global. Last August Woodford sold out of HSBC, fearing "fine inflation". This seems a ringing endorsement of this disruptive but nascent(初期的)sector. Perhaps most significantly, in May this year, Zopa, the P2P platform, announced its debut in secured(most P2P lending is unsecured)lending by collaborating with Uber. Uber drivers in U. K. will be able to borrow via Zopa to buy their cars, with loans secured against the cars themselves. Of course, the sector presents risks. The credit dry-up when interest rates rise. A P2P platform may go bust. But some investors, refugees from the banking sector perhaps, will simply like the idea of being on the right side of regulatory and technological upheaval(突变). And when the banks finally understand, how will they react? Who knows? So far, none of them have.
单选题 Liberum's data quoted in Paragraph Two indicates that______.
【正确答案】 D
【答案解析】解析：推理判断题。定位句分别是利博兰经济公司对“人人贷”在2015年年度增长的预估数据和2015年“人人贷”在各主要经济大国的预估借贷数据，本段最后一句还说，我们正在见证400年来银行界最大的变化，可见，这些数据是在显示“人人贷”这个新兴金融板块的快速发展，故答案为D)。A)…人人贷’平台为银行提供了大量的机会”，这些数据并没有提到“人人贷”与银行的关系，而从后文我们也可了解到这两者之间为竞争关系，故可排除；B)“‘人人贷’吸引了银行的老客户”，本段的数据中并没有表明“人人贷”与银行之间进行竞争，故可排除；C)“‘人人贷’抢占了大部分金融市场”，数据只显示了“人人贷”自身的发展，并没有比较它和传统银行业的市场份额，故可排除。
单选题 What can we learn about P2P Global Investment PLC?
【正确答案】 B
【答案解析】解析：事实细节题。由定位句可知，“人人贷”出价最高的集团借贷方，“人人贷”环球投资公司PLC去年在伦敦上市。它已经筹集了5亿英镑资金，今年的目标是翻番，可见，它一直为“人人贷”筹集巨额资金，故答案为B)。A)“它是伦敦最大的投资公司”，定位句虽然说这个公司筹得巨额资金，但并没有把它与其他投资公司进行比较，故可排除；C)“它合并了几家知名的公司”，这是对该段最后一句的曲解，原文的意思是，“人人贷”环球已经获取了几家知名公司的担保和普通股选择权，但并未提到合并的问题，故可排除；D)“它找了一个著名的经济学家任经理”曲解了第五段有关尼尔·伍德福德的内容，这位基金经理并没有担任“人人贷”环球投资的经理，只是被用来作为例证说明金融界著名投资人对“人人贷”的积极态度，故可排除。
单选题 The cooperation between Zopa and Uber has______.
【正确答案】 A
【答案解析】解析：事实细节题。该段指出，而最重要的可能是，今年五月，“人人贷”平台佐帕宣布与优步合作首次介入担保贷款，英国的优步司机可以通过佐帕借款购买汽车，只要用车辆本身作担保即可。可见，这次合作创造出了一种新的“人人贷”借贷方式，故答案为A)。B)“帮助司机购买新的汽车”，该段第二句提到，只有使用优步的司机才可以使用，B)说法过于笼统，故可排除；C)“提高了‘人人贷’的利率”，文章最后一段分析“人人贷”的风险时说，当利息提高时，信贷源就会干涸，但并没有把这次合作与利率升高建立任何逻辑联系，故可排除；D)“给其他‘人人贷’公司带来风险”，文中没有提到这次合作对其他“人人贷”公司的影响，故可排除。
单选题 What is the author's attitude towards the future of P2P lending?
【正确答案】 C
【答案解析】解析：观点态度题。定位句提到，“人人贷”也是存在风险的，银行一旦意识到“人人贷”的威胁会如何回应呢，没人知道，目前还没有一家银行有所动作。可见，作者对“人人贷”的未来发展也没有确定的观点，有待观察日后银行可能做出的反应，故C)为正确答案。A)“悲观的”，作者虽然在最后一段分析了“人人贷”可能面临的问题和挑战，但之前的段落也大量介绍了“人人贷”迅猛的发展势头，可见，作者的态度不悲观，故可排除；B)“乐观的”，根据上文分析可知，作者的态度显然也不是完全乐观的，故可排除；D)“漠不关心的”，作者花了大量的篇幅介绍“人人贷”这一新生事物，并讨论它未来发展中可能面临的困难，因此不能是漠不关心的态度，故可排除。
单选题 What's the purpose of the author in writing this passage?
【正确答案】 A
【答案解析】解析：推理判断题。作者在第一段首先介绍了“人人贷”的概念和内容；第二至六段从不同的角度介绍了这种新的金融信贷方式的发展；最后一段指出它可能面临的一些困难和问题。总体看来，作者主要是从客观的角度对“人人贷”进行了介绍和分析，故A)为正确答案。B)“分析‘人人贷’平台投资的风险”只能概括文章的部分内容，不够全面，故可排除；C)“呼吁银行注意‘人人贷’的发展”，作者只是提到目前银行还没有意识到应该对“人人贷”如何进行回应，但并没有任何呼吁性的文字，故可排除；D)“预测‘人人贷’可能面临的困难”，作者只在最后一段简单提到“人人贷”可能面临的一些风险和困难，并没有进行详细分析，故可排除。