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Business English Exercises
 

Islamic Financial Staff

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 415
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islamic financial staff answer 1
As the global increase in popularity of Islamic finance continues, this sector faces new challenges, and critical among these is that of hiring and retaining expertise from a finite talent pool.

Correct answer: (c) pool

Meaning of business term pool
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islamic financial staff, question 1 islamic financial staff, lending credit vocab pool, compliant, novelty, paramount, what does pool mean?

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 vocabulary words: list of nouns sat test Ask a Teacher
islamic financial staff answer 2
The Islamic finance market worldwide at the end of 2007, measured by Shari'a compliant assets, has been estimated at US$550 billion.

Correct answer: (c) compliant

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islamic financial staff, question 2 mutual funds terms bartered, far-reaching, onus, malicious, harsh, what does compliant mean?

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islamic financial staff answer 3
In the face of this continuing growth, conventional Western financial institutions and governments no longer see Islamic finance and insurance as a novelty but as a valid alternative model for capital growth.

Correct answer: (c) novelty

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islamic financial staff, question 3 real estate words littered, out, ramifications, liquidity, troughs, what does novelty mean?

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islamic financial staff answer 4
An immediate consequence of this expansion is the paramount need for Islamic financial organizations to strengthen their human capital by attracting skilled staff to help these businesses take advantage of new business opportunities.

Correct answer: (b) paramount

Meaning of business term paramount
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islamic financial staff, question 4 taxes terms dispel, ward, confiscate, by, robust, what does paramount mean?

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islamic financial staff answer 5
The United Kingdom is an excellent example of the exponential expansion of Islamic finance and its constituent parts.

Correct answer: (b) exponential

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islamic financial staff, question 5 retirement words borrowed, restricted, classified, offering, what does exponential mean?

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islamic financial staff answer 6
Nevertheless, the US, the UK, and the EU are considered immature markets; not only are they just developing Islamic financial offerings, but they must also sell these products in a market which is still finding its feet.

Correct answer: (b) finding

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islamic financial staff, question 6 islamic financial staff, terms of stock in, imbalance, information, balloon, what does finding mean?

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islamic financial staff answer 7
From the recruitment viewpoint, the shifting of experienced workers from one country to another is very similar to the migration of birds to balmier climes during the winter.

Correct answer: (a) balmier

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islamic financial staff, question 7 taxes terms prime, consumption, secured, tear, direct, what does balmier mean?

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islamic financial staff answer 8
Islamic finance is experiencing a bottleneck in which more companies are newly founded and more projects are undertaken than can be adequately staffed with experienced and knowledgeable individuals.

Correct answer: (a) bottleneck

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islamic financial staff, question 8 technical analysis words council, process, london, what does bottleneck mean?

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islamic financial staff answer 9
All around the world, headhunting is going on in order to attract these coveted workers with salary and benefit gazumping becoming the norm.

Correct answer: (a) gazumping

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islamic financial staff, question 9 trading words classified, return on, infringement, what does gazumping mean?

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islamic financial staff answer 10
Dutch auctions have often been employed in recruiting specialists, but this problem is becoming serious, with the demand for qualified, experienced candidates consistently outstripping supply.

Correct answer: (d) outstripping

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islamic financial staff, question 10 venture capital words aversion, aftermath, backdrop, held, what does outstripping mean?

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Lending credit vocab pool, compliant, novelty, paramount

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EFL/ESL Links: The Employment Act of 1946 • Insurance vocabulary borrowed, efficiency, exclusion • The Employment Act of 1946 (Answers) • Technical analysis words council, process, london • Bear Stearns • Terms of economy conforming, straight, depositary, waiver, improvement • Bear Stearns (Answers) • Taxes terms prime, consumption, secured, tear, direct • The Uniform Commercial Code • Financial words perfect, actuary, nonmember, married • The Uniform Commercial Code (Answers) • Terms of stock in, imbalance, information, balloon • Wall Street Plunge • Business vocabulary ex, diligence, firm, capital, pass • Wall Street Plunge (Answers) • Retirement words borrowed, restricted, classified, offering • The Cayman Islands • Terms of economy shores, annuity, own, gleaned, teeth • The Cayman Islands (Answers) • Taxes terms dispel, ward, confiscate, by, robust • Cash Flow • Dividends words siren, hoarding, fall, precipitated, play • Cash Flow (Answers) • Real estate words littered, out, ramifications, liquidity, troughs • Data Thievery • Brokerages term quagmire, lax, stick, aback, outcry • Data Thievery (Answers) • Mutual funds terms bartered, far-reaching, onus, malicious, harsh • ESL test: Islamic Financial Staff • Law estate terms outstripping, gazumping, bottleneck, balmier • ESL Audio Online - English MP3 - English Pronunciation
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