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Sample Exam 3
Sample Exam 3
1. If you don't have a cheque book, you can pay by getting a _________ from a branch of your bank.
a. banker's draft b. bank paper c. bank ticket
2. If you want to borrow money from a third party, you may have to supply a __________.
a. banker's support b. banker's promise c. banker's reference
4. Regular automatic payments of the same amount (e.g. to a charity) are called __________.
a. standing orders b. direct debits c. direct orders
5. Regular automatic payments of varying amounts (e.g. electricity bills) are called __________.
a. standing orders b. direct debits c. direct orders
C – Essay writing.
Comment on the following statement drawing your examples or illustrations from your local
socioeconomic context :