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XII. Complete the sentences using your own words:.

Monetary policy: The NBU further reduces the discount and reserve requirement rates | Bank activity bases concerning automation of electronic payments | OPENING A BANK ACCOUNT | Rise and development of the banking system of Ukraine | Banks and the Association of Ukrainian Banks | I. Key terms | IV. Case Study. | VI. Join the halves. | VII. Summarize the following text in about 100 words and give an appropriate title. | Herald of the National Bank of Ukraine, May 2000 |


Читайте также:
  1. A) Draw a family tree for yourself and using the topical vocabulary explain the relationship between your immediate ancestors and any interesting facts about them.
  2. A) Read and translate the sentences paying attention to the use of modal verbs.
  3. And write your own sentences with the same word-combinations,
  4. B) Compare the sentences and explain the difference.
  5. B) Retell the text above using the phrases in italic type.
  6. B) Speak about the traffic in this country using the word combinations in bold type.
  7. B) Think of situations or microdialogues consisting of a statement (or a question) and a reply to it using the words mentioned above.

 

1. The National Bank of Ukraine, as the central bank, carries out ….

2. The NBU maintains relations with other countries’ ….

3. The NBU has the exclusive right to ….

4. The NBU determines ….

5. The NBU accumulates, stores and uses ….

6. To support the banking system liquidity and stability the NBU ….

7. Loans are given to commercial banks by ….

8. The NBU provides cash management of the Ukrainian State Budget through ….

9. Special software – hardware package secures ….

10. Starting January, 1, 1998 the banking system of Ukraine switched over to ….

 

 

XIII. Match the words and word combinations given on the left with their dictionary definitions given on the right.

 

1) central bank a) the process of paying outstanding accounts between banks;
2) to issue currency b) to print cash in the form of notes and coins;
3) to put currency into circulation c) the authority of regulating and control character;
4) cash supply d) the main bank in each country which acts as an arm of the government more than it does a bank. It is responsible for the regulation of the financial system, the establishment of rates of interest and the issue of currency notes;
5) gold and foreign exchange reserves e) the quantity of cash available;
6) the Treasury f) to issue currency and make use of it in each country;
7) the foreign exchange policy g) safe investment condition;
8) supervisory body h) the government department responsible for administering the financial affairs of the country;
9) interbank settlements i) the policy regulating the rate at which one currency can be exchanged for another. A government may influence the rate at which the domestic currency is exchanged for another currencies by entering the market itself to buy or sell its own currency;
10) financial reliability j) an amount of gold and foreign currency retained by a state;

 


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XI. Write a memo to your supervising teacher, in which you should comment on the envisioned monetary parameters, shown in the table.| Bills of Exchange

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