Think about the four banks balance sheet in Appendix A and associated average interest rates. The period for rate sensitivity is one year. Figures are in thousands. 

1.; Calculate the change in expected NII and NIM if interest rates shift 2 percent higher during the year. Is this outcome consistent with each bank’s static GAP? 

I do not understand 1 questions meaning, can you explain these and give me key points and some detail, these question is bank management questions.