Vocabulary Test About BANKS Choose The Correct Answer MCQ Exercise 136

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Congratulations - you have completed Vocabulary Test About BANKS Choose The Correct Answer MCQ Exercise 136. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

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Question 1

Please find enclosed our _____ scale for life insurance premiums.

A	gauging
B	raising
C	sliding
D	slipping

Question 1 Explanation:

A sliding scale is a system where prices, fees or payments change according to another factor, such as age or income: Fees are charged on a sliding scale. Here the insurance premiums change with the customer's age or risk. Not raising or gauging, because neither forms a fixed collocation with scale in this meaning.

Question 2

My enquiries did not _____ any information of value.

A	affect
B	arouse
C	elicit
D	extort

Question 2 Explanation:

To elicit information means to get it from someone, usually by asking questions: The police failed to elicit a response. It collocates naturally with information, a reply and a response. Not extort, which means to get money or information by force or threats, and that does not fit polite enquiries.

Question 3

His bank manager decided to give him financial _____ for the new shop.

A	backing
B	footing
C	lifting
D	standing

Question 3 Explanation:

Financial backing is money or support given to help a person or business: The project has the financial backing of a major bank. Not standing: financial standing describes how rich or reliable someone already is. It is not something a bank manager gives.

Question 4

Many people who go to see their bank manager have a _____ problem.

A	cash-book
B	cashing up
C	cash flow
D	petty cash

Question 4 Explanation:

Cash flow is the movement of money into and out of a business. A cash flow problem means there is not enough money available at a given time to pay bills, even if the business is profitable. Not petty cash, which is a small amount of money kept in an office for minor expenses.

Question 5

Reminders must be sent out to all customers whose accounts are more than a month _____.

A	indebted
B	overdue
C	unbalanced
D	unpaid

Question 5 Explanation:

Overdue means not paid by the date it was due. It is commonly used with a time phrase: The bill is two weeks overdue. Not unpaid: we say an unpaid bill, but a month unpaid is not a natural expression. Overdue is the word used with a length of time.

Question 6

The notes in the wallet were all _____ American dollars.

A	counterfeit
B	false
C	mimic
D	mock

Question 6 Explanation:

Counterfeit means made to look exactly like the real thing in order to deceive. It is the standard word for fake money: counterfeit notes, counterfeit dollars. Not false: it is used in phrases like false teeth or a false passport, but counterfeit is the usual collocation with money.

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