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Business English Exercises
 

Start Your Own Bank

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Home > Teaching Business English > Business English Lessons, Advanced Level # 78
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The goal of the state of California is to maintain a sound banking system without ......... limiting the entry of new banks.


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A competitive financial environment provides ......... choice to the public and stimulates economic development and efficiency.


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The state chartering agency makes sure that a new bank possesses the needed capital and management ......... to serve the public's needs.


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This agency is the bank's primary ........., with the duty to protect the public from questionable banking practices.


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The term "dual banking system" means that both the California and the US governments ......... bank charters.


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501 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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The word "State" or "National" as part of a bank's name has nothing ......... where it operates; this refers to the type of charter it has.


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Joining the Federal Reserve System is required for national banks, but ......... for state banks.


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The FRS lends money to banks at a discount rate to help meet their short-term cash requirements, and is known as the lender of last ......... for banks suffering liquidity crises.


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The minimum amount of ......... capital for a newly chartered bank should total at least $2,500,000 in capital stock.


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California wishes to encourage a broad and ......... shareholder base for new banks, although the organizers may desire to limit this number due to tax or other considerations.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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