Вопрос № 237907 - Английский язык

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Bank-notes and coins are not the most important forms of 1_______ in developed economies. In the UK about 90 per cent, by value, of all 2_______ are settled by means of cheques. But cheques themselves are not money, they are merely orders to bankers to 3_______ money from one person to another. The money so transferred consists of bank deposits. If there is no money in the form of a bank deposit, then any 4_______ drawn on that account will be worthless.

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The 1_______ of the central bank are many and of a varied character. Firstly, in relation to the large number of commercial banks, it acts as a banker. It accepts 2_______ from, and extends loans to the banks in the country. The central bank is, therefore, rightly called bankers’ bank. Secondly, the 3_______ bank is the lender of the last resort, i.e., in any emergency, if the banks of the country are not in a position to extend credit to the genuine borrowers, the central bank must come to the assistance of the money market and save it from a crisis. Thirdly, the central bank is the 4_______ of the Government. When the Government needs loans for its current requirement for short periods, the central bank is obliged to extend credit to the Government.

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 _____ is a sea voyage for pleasure.

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 _____ is a plan of journey.

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 _____ excursion is a long distance travel by bus.

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 _____ is a small amount of money given as thanks for a service.