TEST 1

Câu 1. MATCHING (write the correct word to fill into the answer)

budget employees small print

credit card dividend

1. people who work at a company - employees

2. a plastic card which can be used to borrow money for payment - credit
card
3. a plan you make about what to buy and how much to spend - budget
4. a share in the profits of a company, which is paid to the shareholders -
dividend
5. text in tiny letters often at the bottom of an advertisement - small
print

Câu 2. GRAMMAR – VERB TENSES (write the correct word to fill into the
answer)
1. Cheque volumes reached a peak in 1990 but usage ... since then, mainly
owing to increased use of plastic cards by personal customers. (FALL)
2. Unlike commercial banks, investment banks ... money to individual
customers. (LEND)
3. If interest rates ... set too low, the demand for goods and services grows
faster than the market’s ability to supply them. (BE)
4. Islamic banks ... interest to depositors or charge interest to borrowers.
(PAY)

5. What is the currency in Thailand ...? (CALL)

6. That bank teller ... another customer at the counter at the moment.
(SERVE)
7. I predict this decline in interest rates ... and the rates will fall to around
4.75%, possibly as early as next month. (CONTINUE)

8. Over the coming year, I think the price of oil ... quite a lot. (FLUCTUATE)

9. The Bank of England ... to set the official interest rate in 1997. (START)

10. On the date when a bond ..., the company or government pays back your
capital. (MATURE)

11. Has Linda ...her new branch manager before? (MEET)

 1. Cheque volumes reached a peak in 1990 but usage has fallen since
then, mainly owing to increased use of plastic cards by personal
customers.

2. Unlike commercial banks, investment banks do not lend money to

individual customers.

3. If interest rates are set too low, the demand for goods and services
grows faster than the market’s ability to supply them.

4. Islamic banks do not pay interest to depositors or charge interest to

borrowers.

5. What is the currency in Thailand called?

6. That bank teller is serving another customer at the counter at the

moment.

7. I predict this decline in interest rates will continue and the rates will
fall to around 4.75%, possibly as early as next month.

8. Over the coming year, I think the price of oil will fluctuate quite a lot.

9. The Bank of England started to set the official interest rate in 1997.

10. On the date when a bond matures, the company or government

pays back your capital.

11. Has Linda met her new branch manager before?

Câu 3. CLOZE TEXTS (write the correct word to fill into the answer)

term deposit
accomplish make current
accounts

across serve solvent current account

certificates solvency so that savings banks

Banking has changed a lot in recent years. Computers now do much of the
work that the
tellers used to do. As computers improve, they are able to 1 ... more difficult
tasks and they help us 2 ... our customers better.

Another important change in banking, especially for 3 ..., are the many
different
4 ... that are now available to our customers. Since these 5 ... of deposit offer
very high interest rates they help attract depositors to our bank. I 6 ... sure
that my staff always has the latest information about these accounts
7 ... they can advise our depositors correctly.

My bank is not a very large bank. The total of our 8 ... assets and fixed assets
comes to 15,550,000 dollars. I’m proud of our balance sheet. Although some
banks across the country are having difficulties, my bank has more assets
than liabilities. We are solvent and growing. The number of customers we
serve has increased this year and I expect that it will continue to grow in the
future.

Câu 4 (1.5pts) Translate the sentence into Vietnamese (choose A, B, C, or D

to fill into the answer)

There are various methods for transferring funds internationally, which one
you choose will
depend on how much you want to send and how urgently it is needed
A. Có nhiều phương thức chuyển tiền trong nước khác nhau, việc bạn chọn
phương thức nào sẽ phụ thuộc vào số tiền bạn muốn gửi và mức độ khẩn cấp
của giao dịch.

B. Có nhiều phương thức chuyển tiền quốc tế khác nhau, việc bạn chọn
phương thức nào sẽ phụ thuộc vào nơi bạn muốn gửi và mức độ khẩn cấp
của giao dịch.

C. Có nhiều phương thức chuyển tiền trong nước khác nhau, việc bạn chọn
phương thức nào sẽ phụ thuộc vào việc bạn muốn gửi bao xa và mức độ
khẩn cấp của giao dịch.

D. Có nhiều phương thức chuyển tiền quốc tế khác nhau, việc bạn chọn
phương thức nào sẽ phụ thuộc vào số tiền bạn muốn gửi và mức độ khẩn cấp
của giao dịch.

...

Câu 5. READING COMREHENSION

Commercial banks are banking institutions. A commercial bank accepts
deposits to personal and corporate accounts, and then uses the deposits to
finance loans for individuals and businesses.

The commercial bank will extend a number of different types of loans to

customers. For individuals, a commercial bank may loan funds for the
purchase of personal property, such as vehicles or homes. A commercial
bank may also extend a personal loan to an individual for home
improvements or to consolidate a number of personal debt instruments.
Loans of this type are usually extended with interest included, allowing the
bank to cover the costs associated with extending the loan.

Business clients may also obtain loans from a commercial bank. The type of
business loans that would be offered by a commercial institution would
include funds to finance a payroll or to purchase operating supplies.
However, if the funds were needed to influence a corporate realignment or
restructuring, investment banks would more likely finance that type of
business loan.

A commercial bank will also offer a wide range of savings programs for
customers. Along with standard savings accounts, the commercial bank may
also offer interest bearing checking accounts, certificates of deposit, and
other savings strategies that are considered to provide a small but consistent
return in exchange for doing business with the bank.

The distinction between the functions of a commercial bank and those of an

investment bank are not always clear. While the banking industry within the
United States tends to operate with a clear division between the two types of
banks, this is not always the case across the globe. Often, large international
banking institutions will provide both commercial and investment banking
services to their clients.

5.1/ What does a commercial bank do with their customers’ deposits?

…………………………………………………………………………………………………
5.2/ What types of loans are for individual customers?
…………………………………………………………………………………………………
5.3/ What do corporate customers borrow money from the commercial banks
for?
…………………………………………………………………………………………………
5.4/ Are commercial banking and investment banking similar in the USA?
…………………………………………………………………………………………………

Câu 6 Complete the following sentence by adding from 8-12 words

Currently, commercial banks mainly

serve ……………………………………………………

CLOZE TEXTS (write the correct word to fill into the answer)

accomplish make current term deposit

 accounts

across serve solvent current account

certificates solvency so that savings banks

Banking has changed a lot in recent years. Computers now do much of the
work that the
tellers used to do. As computers improve, they are able to 1 ... more difficult
tasks and they help us 2 ... our customers better.

Another important change in banking, especially for 3 ..., are the many
different
4 ... that are now available to our customers. Since these 5 ... of deposit offer
very high interest rates they help attract depositors to our bank. I 6 ... sure
that my staff always has the latest information about these accounts
7 ... they can advise our depositors correctly.

My bank is not a very large bank. The total of our 8 ... assets and fixed assets
comes to 15,550,000 dollars. I’m proud of our balance sheet. Although some
banks across the country are having difficulties, my bank has more assets
than liabilities. We are solvent and growing. The number of customers we
serve has increased this year and I expect that it will continue to grow in the
future.

5.1. A commercial bank uses customers' deposits to finance loans for

individuals and businesses.

5.2. For individual customers, commercial banks offer loans for the purchase
of personal property such as vehicles or homes, home improvements, or to
consolidate personal debts.

5.3. Corporate customers borrow money from commercial banks to finance

payroll or to purchase operating supplies.

5.4. No, in the USA, there tends to be a clear division between commercial
banking and investment banking, although this distinction is not always
observed globally.

Currently, commercial banks mainly serve individuals and businesses by

providing loans and savings accounts.
Currently, commercial banks mainly serve the general public, providing a
range of services from savings accounts to loans.