1.     "pay on sight" is the same as "pay on……………."

present

presentation

presentative

represent

2.     …………….. play a primary role in the regulation of the exchange rate.

domestic currency transactions

external transaction

foreign currency transactions

money transactions

3.     …………….will create a positive entry in a trade balance.

an export

an import

borrowing

importing

4.     ………………….is a market in which there is little or no competition for a particular type of product or service, for which there is limited demand.

declining market

mass market

small market

Smallest market

5.     ………………………the end of the film, we cried a lot.

– (Đ)✅:  At

In

On

With

6.     ……………is usually related to the increase in money supply.

deflation

inflation

interest

surplus

7.     …………usually increases when the economy is in recession.

employment

growth rate

inemployment

unemployment

8.     ……is the place where exchange activities occur.

exchange market

floated market

floating market

money market

9.     A ( n )…………………..is a list of goods that have been sold, work that has been done, showing what you must pay.

bill

order

receipt

receive

10.  A banker’s draft is also known as a bank draft or a………

banker’s account

banker’s cheque

banker’s note

banker’s ticket

11.  A banker’s reference proves to a third party that you are……

creditworthy

moneyed

rich enough

richness

12.  A bill of exchange contains:…………………………..

a conditional order to pay a determinate sum of money.

an order to pay a determinate sum of money.

an unconditional order to pay a  sum of money.

an unconditional order to pay a determinate sum of money.

13.  A bill of exchange contains:………………………………..

the name of the person who is to pay, drawee.

the name of the person who is to pay, draweer.

the name of the person who is to pay, drawer.

the name of the person who is to pay.

14.  A bill of exchange is also called a draft but, while all drafts are ……………………., only ‘to order’ bills of exchange can be negotiated.

– (Đ)✅:  negotiable instruments

negotiate instruments

nonnegotiable instruments

not negotiable instruments

15.  A cheque is an order by the account holder to withdraw funds from his account, either …………… or through or through payment to another party.

by credit

by credit card

in cash

the bill

16.  A cheque is only valid when it is ……………………… and is secured by a cheque card so your money can not be withdrawn from your account if someone finds your cheque book.

– (Đ)✅:  signed by the account holder

not signed by the account holder

not signed by the payer

signed by the drawee

17.  A commercial bank (or business bank) is a type of ………………

– (Đ)✅:  financial institution and intermediary

financial institution

trade institution and intermediary

trade institution and mediation

18.  A maid is a person who works in a…………………

– (Đ)✅:  hotel room

health centre

hotel rooms

restaurant

19.  A promissory note is a …………… promise by one party to another that commits the maker to pay a specified sum on demand

written, signed and unsecured

written, signed, conditional

written, signed, unconditional

written, signed, unconditional and unsecured

20.  A……………….is the person who work at the same place as you, especially in a profession or a business

best friend

colleague

friend

receptionist

21.  After they have been paid in, cheques usually take three working days to…………

clear

credit

pass

unclear

22.  An LC is a commitment by a bank on behalf of …………………………………

– (Đ)✅:  the importer, foreign buyer

the exporter, foreign buyer

the importer, foreign seller

the seller, foreign buyer

23.  An LC is useful when …………………………………………………… is difficult to obtain

– (Đ)✅:  reliable credit information about a foreign buyer

inreliable credit information about a seller

reliable credit information about a foreign seller

unreliable credit information about a foreign buyer

24.  Bank cards are bank-issued card with a magnetic stripe that……………………

– (Đ)✅:  holds machine readable identification code

holds machine unreadable identification code

holds machine unreadable unidentification code

willnot hold machine unreadable unidentification code

25.  Banking experts in developed countries defines a commercial bank as a ……………..

– (Đ)✅:  profit-oriented financial institution.

nonprofit-oriented financial institution.

oriented financial institution.

unprofit-oriented financial institution.

26.  Banks need to seek new services to meet the…………needs.

change

changed

changing

unchange

27.  Can you show me how to…………………this laptop computer? I don’t need to use it any more.

turn off

turn on

turn out

turning off

28.  Christmas has become very………….. over recent years.

commerce

commercial

commercialization

commercialized

29.  COD means cash on……………..

deliver

delivered

delivery

will deliver

30.  Commercial banks engage in…………………

– (Đ)✅:  processing of payments by way of telegraphic transfer, EFTPOS, internet banking, or other means.

processing of payments by way of telegraphic transfer, internet banking, or other means.

processing of payments by way of telegraphic transfer, EFTPOS.

processing of payments by way of telegraphic transfer, internet banking.

31.  Commercial banks' functions are to...............

– (Đ)✅:  create money, support smoothly payments mechanism, help community savings, support smoothly international transaction,store valuable goods, provide other services

create money, support smoothly payments mechanism, help community savings, store valuable goods, provide other services

32.  

support payments mechanism, help community savings, support international transaction,store valuable goods, provide other services

support smoothly payments mechanism, help community savings, support smoothly international transaction,store valuable goods, provide other services

33.  Components of balances of payments are ……………………….

capital and financial account

current account and capital account

current account and capital and financial account

personal account and capital account

34.  Credit cards will be issued…………

if you have

if you’re rich enough

subject

subject to status

35.  Current account includes ………………………

goods, services, incomes and current transfers

services, incomes and current transfers

trade balance, goods, services, and current transfers

trade balance, goods, services, incomes and current transfers

36.  Current account…………..may apply for a Grimleys Credit Card.

– (Đ)✅:  holders

owners

people

users

37.  Despite operating in the same city, the cultures of these two companies are different……………each other.

– (Đ)✅:  from

for

in

with

38.  Direct instruments comprise ………

devaluation the measure is intended to make the currency depreciated, revaluation.

devaluation the measure is intended to make the money devaluation.

devaluation the measure is intended to make the money revaluation.

the measure is intended to make the currency depreciated, revaluation.

39.  Don’t worry. I can………………..you………………at the airport and take you to your hotel.

– (Đ)✅:  pick/up

carry/on

pick/with

see/off

40.  Emerging countries appear to face greater ……., as they have much smaller variations of the nominal exchange rate

fear of exchange

fear of exchanging

fear of floating

fear of loss

41.  Everybody likes working………………….because they can decide what time they start or finish their work.

– (Đ)✅:  flexible hours

fixed hours

inflexible hours

part-time

42.  Everyday millions of people……………….to the Internet to share information, do business and communicate with each other.

– (Đ)✅:  connect

concept

convince

Persuade

43.  Exchange rate is the value of one currency of one country in relation ………….another.

as

in

to

with

44.  Exchange rate means the price of one country’s currency in units of another ………… or commodity.

currency

gold

goods

money

45.  Factors influencing the supply and demand of a currency are …………

economic factors, political conditions and market psychology.

economic factors, political conditions.

political conditions and market psychology.

some conditions and market psychology.

46.  Famous paintings are usually sold by…………………….

auction

bid

higher price

highest price

47.  Flight VN 123 is leaving from ………………………..38

– (Đ)✅:  gate

platform

station

stop

48.  He can ……………a lot of money from this investment.

– (Đ)✅:  earn

earned

earning

earns

49.  He is a factory's………….manager.

– (Đ)✅:  production

product

producted

productive

50.  He…………………in Hanoi for 3 years then moved to HCMCity and he………………there since then.

– (Đ)✅:  lived/has lived

has lived/has lived

has lived/lived

have lived/lived

51.  Here’s the fifty dollars I ………………

must return

owe you

pay you back

returning

52.  How much do you know he has just inherited………his parents and what has he done………this money?

– (Đ)✅:  from/with

for/of

in/from

of/from

53.  I bought a TV which doesn’t work, I’ll take it back to the shop to get………

a refund

a repayment

my money return

repay

54.  I am paying for my new car in 36 monthly…………….

install

Installments

parts

pieces

55.  I didn’t have much time yesterday so I only……………..the web to get main information

– (Đ)✅:  browsed

browsing

downloaded

searched

56.  I don’t like being told what to do, I enjoy working on my………………………..

– (Đ)✅:  own

foot

owning

self

57.  I earn a lot of money, but I have a lot of………………..

expenses

paid

paying

Payouts

58.  I think it is…………….to send the report now so I’ll bring it to the head office tomorrow morning.

– (Đ)✅:  too late

much late

soon

such late

59.  I’d like………………….you with Monique, one of may colleague.

– (Đ)✅:  to introduce

introduce

introduced

introducing

60.  If you need to borrow money, you can apply to your bank for an……….

overdraft

overdraft facility

overdraft opportunity

overdraft possibility

61.  If you need to borrow more money from your bank, you can ask them to increase your……………

overdraft level

overdraft limit

overdraft supplement

overdraft supply

62.  If you want to borrow money form a third party, you may have to supply a…………

banker’s promise

banker’s promising

banker’s reference

banker’s support

63.  If your account is overdrawn, charges may…………

apply

applying

happen

occur

64.  Impex is and international company which deals ……… a wide variety of goods.

for

in

of

with

65.  In a shop, I get a refund, you usually have to show the……

bill of lading

payment ticket

receipt

recipe

66.  In a……………….., goods are high quality and expensive.

luxury market

mass market

niche market

small market

67.  In accordance with our usual terms, payment will be by……………This is a letter from a bank authorizing payment of a certain sum to a person or a company.

banker's draft

cheque

credit

letter of credit

68.  In Russia, banking sector is still dominated by state-controlled banks while in Kazakhstan has…….all its banks.

nation

national

nationalized

privatized

69.  In some past years, it has suffered………deficit trade balance.

from

in

of

with

70.  In the long term………….is due to increase in the price of raw materials. This is the situation where prices rise to keep up with increased production cost.

deinflation

devaluation

inflation

recession

71.  International parity conditions include ……………

relative purchasing power parity, domestic fisher effect, international fisher effect.

relative purchasing power parity, interest rate parity, domestic fisher effect, international fisher effect.

relative purchasing power parity, interest rate parity, domestic fisher effect.

relative purchasing power parity, interest rate parity, domestic, fisher effect.

72.  International trade credit and the documents associated with it are ………………………… than their domestic equivalents.

complicate

less complicated

more complicated

simplier

73.  It is difficult for wine producers to calculate their exact profits because of the ………. of wine price in the future.

certain

certainly

certainty

uncertain

74.  It is difficult to collect all the debts…………… for that company.

provide

providing

provision

will provide

75.  Japan was very rapidly…………. in the late 19th century.

– (Đ)✅:  industrialized

industrialization

industrious

industry

76.  Letters of credit (LCs) are one of the most ………………………available to international traders.

– (Đ)✅:  versatile and secure instruments

irversatile and insecure instruments

irversatile and secure instruments

versatile and unsecure instruments

77.  My main responsibility is……………..with customers, suppliers and their problems.

– (Đ)✅:  dealing

deal

exchanging

solving

78.  New current account customers can borrow up to $200 in the form of a low- interest…………..

draft

overdraft

overspent

overtake

79.  Now staff can……………………..on Friday, not uniform any more.

casual dress

dress casual

dress casually

Dress well

80.  One of the benefits of forex trading vs. equity trading is………….

equal access to market information

equality access to market information

unequal access to market information

unimportant access to market information

81.  One of the benefits of trading forex on the internet is …………

high transaction costs

higher transaction costs

low transaction costs

lower transaction costs

82.  One of the roles of the commercial bank is to…………...

– (Đ)✅:  act as a storehouse of the country or region’s wealth

be never act as a storehouse of the country or region’s wealth

not act as a storehouse of the country or region’s wealth

will not act as a storehouse of the country or region’s wealth

83.  One of the roles of the commercial bank is to…………...

– (Đ)✅:  invest in new businesses.

invest in businesses.

invest in old businesses.

will not invest in new businesses.

84.  One of the roles of the commercial bank is to…………...

– (Đ)✅:  be larger the commercial bank, the greater role it plays in the economy

be medium the commercial bank, the greater role it plays in the economy

be smaller the commercial bank, the greater role it plays in the economy

bebetter the commercial bank, the greater role it plays in the economy

85.  One of the roles of the commercial bank is to…………...

– (Đ)✅:  offer business bank accounts with standard options, such as deposits, withdrawals and loans.

don't help business bank accounts with standard options, such as deposits, withdrawals and loans.

don't offer business bank accounts with standard options, such as deposits, withdrawals and loans.

will not help business bank accounts with standard options, such as deposits, withdrawals and loans

86.  Our bank is now providing ATM card for all existing customers…………….

charge

charge freely

free charge

free of charge

87.  Over the last fifty years, UK family income……………in real terms.

double

doubled

has doubled

was doubling

88.  Over the last month, oil prices have fluctuated widly ............$96........$123

between/and

from/to

in/of

to/from

89.  Please, enclose the invoice…………the goods ordered by our company.

– (Đ)✅:  with

for

on

to

90.  Please, give us the invoice number ………………any communication.

for

in

of

on

91.  Prices rocketed ..............the beginning of the month and reached a new peak...........$45

at/of

in/of

in/to

on/at

92.  Recently, UK family income……………in real terms.

doubled

doubling

has doubled

was doubled

93.  Regular automatic payments of the same amount are called…………..

direct debits

direct orders

standing debits

standing orders

94.  Regular bank statements will be sent to you by post, listing recent………………

events

payments

transactions

transacts

95.  Remember to get………………….the bus at the city park and then walk to the office.

– (Đ)✅:  off

of

on

out of

96.  Remittance is …………………………

– (Đ)✅:  a method of payment

a method of transfer

an account

type of account

97.  Revenue represents any increase in owners’ equity resulting…………the operations of a business.

from

in

of

to

98.  Sara’s husband is working………………a reporter for Vietnam News. He writes financial articles

– (Đ)✅:  as

in

like

on

99.  Sofitel hotel has an excellent range of faciltities and no doubt you will be aware…..the fact that the local area is rich in cultural interest.

for

of

to

with

100. Sometimes she and her boss……………….personal issues

discuss

speak

speaking

talk

101. Spain now uses the euro. Pesetas are no longer……..

good money

legal money

legal tender

legalize tender

102. Spending .............alcoholic drinks was at 3%.

For

in

on

To

103. The balance of payments ……………. an important role in the balance system of countries

don't play

playing

plays

will play

104. The best things in life are…………………..

free

freely

not bought and sold

not for sale

105. The bookkeeper's job is to keep an accurate record of………… data.

– (Đ)✅:  financial

finance

financed

financing

106. The BOP serves as an instrument governments and public institutions make use of to regulate ………………….. on the macro scale

external relations

few relations

internal relations

many relations

107. The capital account, includes an economy’s transactions with nonresidents in ………… and in capital transfers.

nonproduced, financial assets

nonproduced, nonfinancial assets

produced, nonfinancial assets

productive, nonfinancial assets

108. The compiling economy records debit entries for imports of goods, financial items reflecting …………………………….

decrease in assets

don't increase in assets

increase in assets

increased in assets

109. The cost of housing, .............mortgage interest payments has more than doubled from 9% to 20%.

include

included

including

not include

110. The country is now………..risk from a sharp rise in the local currency.

at

in

of

on

111. The country is now………….risk from a sharp increase in the local currency.

at

by

in

on

112. The current rate of interest for………..overdraft is 6.7%APR.

allowed

authorized

permitted

unauthorized

113. The foreign exchange comprises ……..used in international transactions.

assets

finance

financial assets

money

114. The foreign exchange market is considered an over-the-counter (OTC) or ‘Interbank’ market, ………over the telephone or via an electronic network.

due to the fact that transactions are conducted between four counterparts

due to the fact that transactions are conducted between three counterparts

due to the fact that transactions are conducted between two counterparts

due to the fact that transactions are not conducted between three counterparts

115. The foreign exchange market plays an/a …………………….part in the market economy

indispensable

needed

unimportant

unnecessary

116. The foreign exchange market, commonly referred as ………… is a form of exchange for the global decentralized trading of international currencies.

currency market

floating market

forex, FX

forex, FX, or currency market

117. The forex market participants include ……..

central banks, other banks, commercial companies, retail brokers, investors and speculators.

central banks, other banks, interbank brokers, commercial companies, retail brokers, investors and speculators.

central banks, other banks, interbank brokers, commercial companies, retail brokers, hedge funds, investors and speculators.

central banks, other banks, interbank brokers, retail brokers, hedge funds, investors and speculators.

118. The loan is…………….in monthly installments.

– (Đ)✅:  paid

pay

paying

pays

119. The new sales manager will have…………………for the European market.

– (Đ)✅:  responsibility

chance

commission

opportunity

120. There are………… types of exchange rates.

2

3

4

5

121. There are…………roles of balances of payments

five

four

three

two

122. There has been a wild…………….. in dollars in some past days.

fluctuate

fluctuating

fluctuation

will fluctuate

123. There is a strong…………………, and paid-for-placement companies must offer services which seems to be different from their competitors’

competing

competition

competitive

incompetitive

124. There is so much for ............

– (Đ)✅:  equality

equal

inequal

unequal

125. These shares …………………me a good return recently.

– (Đ)✅:  have given

are giving

gave

give

126. These three items ................nearly 50% of all family expenditure.

account to

made in

made of

made up

127. They are black market …………………

– (Đ)✅:  profiteers

nonprofit

profit

profitable

128. They are enjoying ………….. competition.

– (Đ)✅:  healthy

dishealthy

health

unhealthy

129. They bought receivables …………Ground company…their own risk.

– (Đ)✅:  from/at

at/from

at/with

of/at

130. They have…………the house for them at $ 10,000.

– (Đ)✅:  valued

invaluable

valuable

value

131. They pay……………. and suppliers on a regular basis.

– (Đ)✅:  employees

employee

employer

employment

132. To………………….down a text, all you have to do is to click on the arrow on the right hand side of the screen.

– (Đ)✅:  scroll

roll

scold

scrolling

133. Transfer isan order by the account holder ……………….. to pay for another party, or transfer the funds to his other account.

– (Đ)✅:  to withdraw funds from his account

to withdraw funds from drawee

to withdraw funds from drawer

will withdraw funds from drawer

134. Two or more customers may apply for a …………

– (Đ)✅:  joint account

current

together account

two-person account

135. Under the conventions of the system, the compiling economy records credit entries for …………………, financial items

buying of goods

exports of goods

import of goods

internal goods

136. Vietnam’s economy mainly relies …………exploiting natural resources.

at

of

on

with

137. We enclose our…………., which is a formal request for payment.

bill of lading

cheque

quotation

receipt

138. We pay our employees and suppliers ……..a regular basis.

at

by

in

on

139. We should liaise………that bank regarding our cash flow.

from

in

to

with

140. What gave rise……….this problem?

for

from

in

on

141. When drawing a cheque, it is …………………… The drawer must writes cheques in ink and avoid as much blank as possible for fraudulence and use the ruler to cross out any blanks.

– (Đ)✅:  obligatory to complete all

not obligatory to complete all

optional to complete all

unobligatory to complete

142. When I write out a cheque, I keep a record by filling in the……..

bill

counterfoil

invoice

receipt

143. When Iam away next week, could you..............a few problems for me?

deal with

dealed with

dealing with

will deal with

144. When you acknowledge…………of your new debit card.

receipt

receive

reception

the receiving

145. While your account is……………credit, there are no charges.

in

of

under

with

146. Women can not stop………………new shoes, handbags when seeing them.

buy

buyed

buying

will buy

147. Women usually have debts.............basic things for the home like rent and services.

for

in

on

with

148. You may……….. your account at any time.

close

end

finish

start

149. You must supply documents……accordance…..the terms specified in the contract.

in/in

in/of

in/with

with/with

150. You will be sent a PIN (Personal……………..Number).

– (Đ)✅:  identification

identified

identifier

identifying

151. You will need to ………….your PIN each time you use the card.

– (Đ)✅:  enter

put in

type

typical