#1 (permalink) Tue Nov 28, 2006 13:38 pm Is it right "The FRS lends ..., and known as the ... crises"? |
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Business English Lesson, Advanced Level
ESL/EFL Test #161 "Start Your Own Bank", question 8
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.
(a) chance (b) legs (c) request (d) resort
Business English Lesson, Advanced Level
ESL/EFL Test #161 "Start Your Own Bank", answer 8
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 resort" for banks suffering liquidity crises.
Correct answer: (d) resort _________________________
Hi, I just wonder if it is right _____"The FRS lends......, and known as the ........crises." :) |
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FangFang I'm here quite often ;-)

Joined: 18 May 2006 Posts: 369
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