1.Traders sometimes agree to trade currency in the future for an agreed A “long position” means that the trader will make a profit if the currency………..
- goes up
- goes down
- stays the sam
2.When I write out a cheque, I keep a record by filling in the……….
- receipt
- invoice
- counterfoil
3.If you don’t have a cheque book, you can pay by getting a……………from a branch of your
- banker’s draft
- bank paper
- bank ticket
4.Unlike a personal cheque, a banker’s draft can’t …….
- be rejected
- bounce
- crash
5.A banker’s draft is also known as a bank draft or a…….
- banker’s cheque
- banker’s note
- banker’s ticket
6.If you need to borrow money, you can apply to your bank for an………
- overdraft possibility
- overdraft facility
- overdraft opportunity
7.If you need to borrow more money from your bank, you can ask them to increase your ………….
- overdraft limit
- overdraft level
- overdraft supply
8.If you want to borrow money from a third party*, you may have to supply a……………..
- banker’s support
- banker’s promise
- banker’s reference
9.A banker’s reference proves to a third party that you are .
- moneyed
- creditworthy
- rich enough
10..Regular automatic payments of the same amount (e.g. to a charity) are called ………………
- standing orders
- direct debits
- direct orders
11.Regular automatic payments of varying amounts (e.g. electricity bills) are called ……………..
- standing orders
- direct debits
- direct orders
12.With my savings account, I have to………30 days notice if I want to………a
- say / do
- give / make
- ask for / take
13.Many employees receive their salaries directly into their accounts by………
- BACS payment
- BATS payment
- BAPS payment
14.BACS stands for Bankers Automated………
- cheque system
- cost system
- clearing system
15.I earn a lot of money, but I have a lot of………..
- payouts
- expenses
- paying
16.Famous paintings are usually sold by…………
- bid
- highest price
- auction
17.In an auction, the item is sold to the person who makes the highest………..
- bid
- price
- offer
18.In Japan, the US dollar is…………
- foreign money
- strange money
- a foreign currency
19.In Britain, it’s not usual to discuss your personal ………..
- money
- finances
- money arrangements
20.You can………..a house and………..a
- A.hire / rent
- hire / hire
- rent / rent or hire