Banking and Finance - General Overview – Practice 1
Choose the correct answer:
- A fall in interest rates has [driven down] the bank's interest rate margin.
- What are the bank's liabilities? [depositors]
- Just after the company reached its [five-year low] it went bankrupt.
- Prices of Greek companies went dramatically down due to the political instability and an overall negative [market sentiment] .
- What is a liquidity crisis? [too many withdrawals of funds]
- A current account usually pays little or no interest, but allows the holder to [withdraw] his or her cash with no restrictions:
- It is usually the role of the [central] bank to fix the minimum interest rate.
- Because of the dramatic drop in [revenue] last year, the government has been considering increasing certain taxes.
- Standing orders and [direct debits] are ways of paying regular bills at regular intervals.
- The examples of fee-driven services are: [an overdraft, an atm access, selling stocks and shares]