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Choose the correct answer and encircle the corresponding letter

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Завдання

для конкурсного відбору вступників

до Університету банківської справи

Національного банку України (м. Київ) у 2011 році

з іноземної мови (англійської)

для конкурсного відбору вступників

за спеціальностями 8.03050201 «Економічна кібернетика»,

8.03050801 «Фінанси і кредит», 8.03050802 «Банківська справа»,

8.03050901 «Облік і аудит»

На денну форму навчання

1. LISTENING COMPREHENSION (6 assignments, 5 points for a correct answer, maximum score – 30 points)

You will hear a short recording about the best ways to get a financial support for a new business twice. For each question mark one letter (A, B or C) for the correct answer.

  1. How long had the man’s business been running when he decided to expand?

A. a few months

B. two years

C. six years

 

2. What subject was the man studying at the university?

A. accounting

B. financial planning

C. IT

 

  1. Why did he choose Business Angels?
  1. They have a good reputation
  2. They offer their experience as well as cash
  3. They had helped him in the past

 

  1. How did he know where to go for funding?

A. His bank manager told him about he scheme

B. He had learnt about the scheme at the university

C. His family had previous knowledge about the scheme

 

  1. What did the funding selection process involve?

A. asking relevant questions

B. researching the competition

C. producing a business plan

 

  1. The result of the process was an offer of

A. more than he had expected to receive

B. enough to finance an advertising campaign

C. not sufficient to achieve his original goals

2. GRAMMAR SECTION (15 assignments, 2 points for a correct answer; maximum score – 30 points)

Choose the correct answer and encircle the corresponding letter

1. These television sets _____________ by a Japanese firm because the marking is in Japanese.

a) are manufactured b) can be manufactured c) must have been manufactured

 

2. Experts believe the central bank _________about half of the initial stock of foreign reserves.

a) to regain b) to have regained c) regaining

 

3. The pool of risks _____________ so that only small proportion of policyholders will be making claims at any one time.

a) must diversify b) should diversify c) must be diversified

 

4. The country’s labour market seems _____________ among the most flexible in the world.

a) to be b) being c) have been

 

5. The government insists that banks _________ huge reserves to protect the local currency.

a) must build b) should build c) have to build

 

6. Such practices ________________in many banks.

a)are long done away with b) have long done away with c) have long been done away with

 

7. For such operations _________ part of the new monetary policy is still a debatable issue.

a) becoming b) to become c) became

 

8. It looks as if the world ___________ its previous mistakes.

a) will realize b) realizes c) realized

 

9. Another British company__________ is already named.

a) to be nationalized b) nationalizing c) nationalized

 

10. In 2008 the bailout money ____________ among six big banks.

a) has been allocated b) was allocated c) were allocated

 

11. Susan has decided_______________ for a new job as soon as possible.

a) on applying b) to apply c) on application

 

12. It was not necessary for him ___________ a bank account but he did.

a) open b) to open c) opening

 

13. If you _____________ to apply for a job you should send a CV with a letter of interest.

a) will decide b) are deciding c) decide

 

14. The boss asked me if I _____________ the reports.

a) have finished b) had finished c) finished

 

15. Peter has been a junior clerk for three years. Lately he __________for a new post but so far he has not found anything.

a) was looking b) has looked c) has been looking

READING I

Fill in the gaps with proper words to complete the text (10 assignments, 3 points for a correct answer; maximum score – 30 points)

GM vs. Ford: The hundred-year war

FORTUNE -- It's the mother of all corporate wars, bigger than Coke vs. Pepsi, older than Nike vs. Reebok, and more compelling than Pampers vs. Huggies. It's fought with billion-dollar 1) _____--for new models and marketing, and it is subject to more ups and downs than the stock market.

The two companies have been battling it out for 2)_______, market share, and hometown bragging rights almost from the time GM ) 3) _________in Flint, Michigan in 1908, five years after Ford got started in the Detroit suburb of Dearborn.

Keeping score means watching three major indicators: annual profit, market capitalization, and U.S. market 4) ________.

At the moment, the two auto giants are fighting a battle over market share. GM is currently the overall 5) ________, but analysts are divided on who the real winner is.

Over the last century, the two companies have rarely changed position. Ford held the lead until the late 1920s when the Model T ran out of gas, and then fell permanently behind the market-dominating GM machine 6) __________ by Alfred P. Sloan. In the following decades, Ford enjoyed brief periods of leadership in the late 1980s and again in the 1990s, but GM stayed in front until it began to skid into its 2009 bankruptcy.

Since then, GM has been transformed into a fighting machine. Behind new 7) _____ Dan Akerson, it has been swapping out older 8) __________ for more aggressive younger ones, accelerating production plans and product programs, and working harder on the salesroom floor.

Akerson's moves have come as Ford rides a wave of public respect resulting from improved product quality, smart use of global resources, and the focused leadership.

At the moment, Ford holds a small 9)____________ in annual profits -- $6.6 billion in 2010 to $6.2 billion for GM -- and a larger one in market capitalisation -- $55 billion to GM's $50 billion -- thanks to a 20% run-up in share 10) ________ this year.


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