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I. Choose the right answer:

1. “You always give best to Peter and never to me”, Diana…………….

a) explained b) commented c) complained d) reported

2. Your pronunciation would improve if you ……………………

a) exercised b) repeated c) practiced d) trained

3. I am very much …………….your visit next week.

a) looking forward to b) expecting c) foreseeing d) waiting for

4. You cannot be given a rise until the standard of your work……………

a) amends b) improves c) betters d) mends

5. I made it quite clear that I had no………………of selling the picture.

a) meaning b) purpose c) goal d) intention

6. The visiting professor gave us a…………… about the development of the novel.

a) lecture b) lesson c) conference d) speech

7. He tripped over a loose shoe-lace, which he had not……………tightly.

a) tied b) joined c) twisted d) fixed

8. After a number of disagreements with the Committee, The Chairman……………

a) retired b) resigned c) dismissed d) left

9. A few yellow and brown leaves were……………down the river.

a) flowing b) swimming c) floating d) streaming

10. This woolen material should be dry-cleaned: it will…………if you wash it in hot water.

a) shrink b) fade c) droop d) crease

11. For the time ………….they are living with relatives, but they looking for a home of their own.

a) present b) existing c) being d) now

12. Although his work was full of mistakes, he protested to his teacher about the poor……………he had been given.

a) note b) gradient c) mark d) standard

13. Have you ever…………………?

a) your jewels had stolen b) had your jewels stolen

c) been stolen your jewels d) had stolen you jewels

14. I could not help…………………their conversation.

a) overhearing b) to have overheard

c) to overhear d) that I overheard

Correct answers: 1c, 2c,3a, 4b, 5d, 6a,7a, 8b, 9c, 10a, 11c, 12c, 13b, 14a

II. Put the correct word into each gap. The first letters and the total number of letters in each word are given in brackets

1. I………………(8) is what you pay if your account is overdrawn.

2. D……………(4) is money you owe to another person.

3. It costs $150 if you pay by credit card and $120 if you pay in c……….(4)

4. Importers must declare goods at c………………………(7)

5. People who want to own a part of a company buy s………………(6)

6 “Lend me $120”.”I am b……………(5) at the moment .

7. A c…………………(6) is an order to the bank to pay money to someone.

8. An agent may need to be convinced that there is a m…………(6) for the product.

9. Things from which goods are made, which have not already been manufactured, are called r……(3) material.

10. A document which proves that you are insured is called an insurance c………(11).

11. To i…………(6) is to put your money into a business so that it will make profit.

12. An i…………..(7)records goods or services that have been sold.

13. I’d like to open a current a…………(7) in your bank.

14. The price rise is due to i………………(9)

15. Shares are usually bought and sold at the Stock E…………..(8)

16. When a firm fails it goes into l……………………(11)

Correct answers: 1 interest 2. debt 3.cash 4.customs 5shares 6 broke 7.cheque 8.market 9.raw 10. certificate 11.invest 12.invoice 13.account 14.inflation 15.Exchange 16.liquidation