Full name English for Finance

Student code Date: 27/11/2024 (1) – Test 1 – 40 minutes

1. Match phrases in the left column with their definitions in the right column by writing the correct
letters in the blank.
1-___ 2-___ 3-___ 4-___ 5-___ 6-___ 7-___ 8-___ 9-___ 10-_____
1. product range A. It is a separate entity established 1H. It means a variety of goods or
2. current account by a company to manage business services offered by a company to
3. unsecured personal operations in a specific sector. meet customer needs.
loan B. It is used for everyday 2B. It is used for everyday
4. portfolio transactions, such as receiving wages transactions, such as receiving wages
management or paying bills. It allows you to or paying bills. It allows you to
5. stockbroking deposit and withdraw money freely, deposit and withdraw money freely,
6. tailored product often with no restrictions on the often with no restrictions on the
7. commercial number of transactions. number of transactions.
subsidiary C. It means renting out real estate 3J. It does not require any property or
8. specialist help properties to individuals or businesses asset as collateral. It is typically
9. property leasing for a specified period. granted based on the borrower’s
10. asset finance D. It is a customized offering credit history and ability to repay.
designed to suit the specific 4G. It means professional services
requirements of an individual or that involve overseeing and
business. optimizing a collection of
E. It means expert advice or services investments.
provided to address niche or complex 5I. It facilitates the buying and selling
issues. of shares and other securities on
F. It is a way for businesses to acquire behalf of clients.
equipment, vehicles, etc. needed to 6D. It is a customized offering
operate without paying the full cost designed to suit the specific
upfront. Instead, it spreads payments requirements of an individual or
over time, often with the option to business.
own the items at the end. 7A. It is a separate entity established
G. It means professional services that by a company to manage business
involve overseeing and optimizing a operations in a specific sector.
collection of investments. 8E. It means expert advice or services
H. It means a variety of goods or provided to address niche or complex
services offered by a company to issues.
meet customer needs. 9C. It means renting out real estate
I. It facilitates the buying and selling properties to individuals or businesses
of shares and other securities on for a specified period.
behalf of clients. 10F. It is a way for businesses to
J. It does not require any property or acquire equipment, vehicles, etc.
asset as collateral. It is typically needed to operate without paying the
granted based on the borrower’s full cost upfront. Instead, it spreads
credit history and ability to repay. payments over time, often with the
option to own the items at the end.

2. Fill in the gaps using the words below. Each word can only be used once.

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retail investors / quote price / defraud investors / institutional investors / market capitalization / a rights issue /
stock market index / listed company / hedge fund / economic prospects
1. The company announced a 1. The company announced 1. a rights issue
rights issue to raise additional ___________________ to raise 2. a listed company
funds for expansion, allowing additional funds for expansion, 3. defraud investors
existing shareholders to buy more allowing existing shareholders to 4. economic prospects
shares at a discounted rate. buy more shares at a discounted 5. quote price
2. A listed company is required to rate. 6. institutional investors
publish regular financial reports so 2. ___________________ is 7. retail investors
that investors can make informed required to publish regular 8. market capitalization
decisions about buying or selling financial reports so that investors 9. a hedge fund
shares. can make informed decisions 10. stock market index
3. The CEO was found guilty of about buying or selling shares.
attempting to defraud investors by 3. The CEO was found guilty of
misleading them about the attempting to
company’s financial health and ___________________ by
future earnings. misleading them about the
4. Despite the recent downturn, company’s financial health and
analysts are optimistic about the future earnings.
economic prospects for the next 4. Despite the recent downturn,
quarter, expecting a rebound in analysts are optimistic about the
key industries. ___________________ for the
5. The broker will quote price for next quarter, expecting a rebound
the stocks you want to buy, but it in key industries.
can change based on market 5. The broker will
demand at the time of the ___________________ for the
transaction. stocks you want to buy, but it can
6. Institutional investors, like change based on market demand at
pension funds and insurance the time of the transaction.
companies, tend to make larger 6. ___________________, like
investments and have more pension funds and insurance
influence on stock prices than companies, tend to make larger
individual investors. investments and have more
7. Unlike retail investors, who influence on stock prices than
typically buy small amounts of individual investors.
stock, large institutions manage 7. Unlike ___________________,
vast portfolios and often have who typically buy small amounts
access to better investment of stock, large institutions manage
strategies. vast portfolios and often have
8. The market capitalization of a access to better investment
company is calculated by strategies.
multiplying the share price by the 8. The ___________________ of a
number of outstanding shares, company is calculated by
giving a snapshot of its total value. multiplying the share price by the
9. A hedge fund uses advanced number of outstanding shares,
strategies like short-selling and giving a snapshot of its total value.
leverage to maximize returns for 9. ___________________ uses
its wealthy investors, often taking advanced strategies like short-
on higher risks. selling and leverage to maximize

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 10. The stock market index, such returns for its wealthy investors,
as the S&P 500, tracks the often taking on higher risks.
performance of a selected group of 10. The ___________________,
companies and helps investors such as the S&P 500, tracks the
gauge the overall health of the performance of a selected group of
stock market. companies and helps investors
measure the overall health of the
stock market.

3. Choose the correct answer from the options provided.

1-___ 2-___ 3-___ 4-___ 5-___ 6-___ 7-___ 8-___ 9-___ 10-___
1. Many small businesses use ____ to sell their 6. To make informed investment decisions, many
outstanding invoices to a third party, which helps investors use ____ tools that help them identify
them improve cash flow quickly. potential losses and manage their investments
A. mortgages wisely.
B. insurance A. risk management
C. leasing B. financial service
D. factoring C. customer account
2. The company decided to reinvest its ____ into D. stock market
expanding its operations, ensuring that 7. A business may experience cashflow problems if
shareholders receive a return on their investment. it spends too much on ____, as this can quickly
A. infrastructure reduce available funds for other expenses.
B. property portfolio A. owners' capital
C. dividend B. taxes and dividend payments
D. market regulators C. interest payments on loans
3. The company's ____ on the stock exchange D. buying stocks and raw materials
allows its shares to be traded by investors for the 8. ____ focuses on serving individual customers by
first time. offering services like savings accounts, personal
A. a primary listing loans, mortgages, and credit cards. It typically has
B. IPO a network of physical branches to provide
C. underwrite convenient access to day-to-day banking needs.
D. secondary market A. Retail bank
4. The final figure on the income statement, ____, B. Commercial bank
shows how much money the company has made C. Investment bank
after all expenses, including taxes, have been D. Building society
deducted. 9. The ____ is calculated by subtracting the cost of
A. overheads producing goods or services from the total income
B. operating profit a company earns from sales.
C. profit after tax A. cost of sales
D. net interest paid B. revenue
5. A business can improve its cashflow by ____, C. gross profit
which ensures that money is coming in regularly D. corporation tax
to cover expenses. 10. Catering primarily to businesses and
A. bank loans organizations, ____ offers services such as
B. selling products to customers business loans, treasury management, and
C. salaries and rent assistance with managing working capital. It helps
D. a bank overdraft companies handle their financial operations
efficiently.
A. Internet bank
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 B. Commercial bank
C. Supermarket bank
D. Investment bank

4. Read the advertisement. Then, mark the following statements as true (T) or false (F).
1-___ 2-___ 3-___
ASTEYA BANK 1. Customers must qualify for 1. F
Asteya Bank is India’s leading retail and commercial bank. a debit card. 2. T
We always do the best for our customers! 2. Savings accounts gain more 3. F
Our checking accounts come with debit cards and checks. We interest over time.
also provide overdraft protection for qualifying customers. 3. The bank charges 500
Our savings accounts are also a great deal! We offer interest rates rupees to open an account.
from 1.30% to 3.65%.
Interest accrues at a higher rate the longer you keep your money
with us. So, choose a long term savings plan and let us take care
of your future.
Special offer! Until July, we will credit all new accounts with 500
rupees!
It's our way to say thanks for joining us.
Feel free to inquire at any branch for more details.

5. Read the investment advice column. Then choose the correct answers.
1-___ 2-___ 3-___
The Tulsa Chronicle 1. What is the purpose of the article?
INVESTING TIPS A. to evaluate levels of risk aversion
From Larry Dean B. to explain conservative investment
The key element that will determine your investing style is strategies
risk tolerance. C. to compare high and low risk investments
With all the market's ups and downs, investing can be D. to give advice based on investment styles
stressful. That's why it's important to choose an investment 2. What investments should people with
style that works for you. The key element that will determine moderate to high risk aversion NOT
your investing style is risk tolerance. purchase?
Some people have a naturally high level of risk aversion. If A. bonds
this is you, go with investments that are virtually risk-free, B. CDs
like bonds and Certificates of Deposit (CDs). Perhaps you C. mutual funds
are considering personal investments to sustain you after D. stocks
retirement. You also should maintain a conservative 3. According to the column, what are the
investing approach. Stay in your comfort zone. Avoid the benefits of bonds?
stress of market fluctuations. A. They have almost no risk.
Some of you, on the other hand, are more willing to take B. They benefit from market fluctuations.
chances. You will risk great losses for a chance at great C. They give higher returns than mutual
returns. You should go with a more aggressive investment funds.
approach in stocks. And for those of you in the middle, D. They provide a chance to make large
moderate investments are the way to meet your goals. Invest profits.
in mutual funds to limit risk but increase returns.