English_for_Finance_and_Banking

ž Tests

I. Choose the correct answer:

1.A state budget is:

a) a sphere of economic relations, where takes place the financial resource’s buying and selling;

b) a financial plan of expenditures and revenues of the state;

c) a profit from the export and import operations.

2.The objects of the financial relations are:

a) profits, taxes, securities;

b) gross national product and national income;

c) money incomes;

d) state, enterprises, citizens.

3.The subjects of the financial relations are:

a) national income and gross national product;

b) state, enterprises, citizens;

c) incomes from the state loans;

d) taxes, securities, currency.

4.Finance is :

a) a practice of manipulating and managing money;

b) a capital involved in a project;

c) a loan of money for a particular purpose;

d) all are right.

5.The common assignment of the finance is:

a) to form and use money funds of the state with the help of special forms of cost motion;

b) money relations over mobilization of the financial resources in the control of the state;

c) money relations which are connected with the use of the state funds for the national needs.

II. Match terms in the column A with a correct definition in the column B:

III. Match what statements are true and what are false. Results write to the table:

Finance is an economic instrument of distribution and redistribution of the gross internal product and national income.
The essence of finance is shown in its functions.
One of the most important sign of the finance is the equality in rights of the state and the economic entities.
Money is the material base of the finance.
Finance and money have identical substance.
Finance is the expression of the distribution sphere of the economic relations.
The structure of the state budget practically didn’t change over many centuries.
The role of finance is growing on the macrolevel on the modern stage of the development.

Table

IV. Fill the tables:

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