English_for_Finance_and_Banking

ž Tests

I. Fill in each space with the appropriate words from a, b or c:

Financial policy is a very complex _______ covering measures aimed at working out basic concepts, major guidelines, goals and objectives.

a) emotion;

b) notion;

c) nation.

Financial policy is based on strategic ______ which set long-term and medium-term prospects for using financial.

a) guidelines;

b) guideways;

c) attainments.

Financial policy is based on strategic guidelines which set ____________ prospects for using financial resources and ensure attainment of major economic targets and solution of goals in the social sphere.

a) short-term and medium-term;

b) short-term and long-term;

c) long-term and medium-term.

A country pursuing its financial policy sets current goals and objectives connected with __________ and effective utilization of resources and development of productive forces.

a) taxation;

b) administration;

c) mobilization.

Fiscal policy is the policy adopted by a _________ for raising revenue to meet expenditure.

a) President;

b) government;

c) parliament.

II. Which is correct:

a) fiscal relations;

b) fiscal federalism;

c) fiscal policy.

a) public debt;

b) fiscal deficit;

c) tax exemption.

a) керувати збором податків;

b) збільшувати збір податків;

c) погіршувати збір податків.

a) achievement;

b) notion;

c) consistent.

a) upset;

b) aggravate;

c) enrich.

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