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Task I. Make up sentences matching the left and the right halves. Write them down



A central bank
acts administers affects buys clears controls determines finances influences issues sets transfers makes operates performs provides sells a regulatory function as a “banker’s bank” banking facilities banknotes and coins checks the national debt foreign money exchange funds between banks independently of its government interest rates loans monetary policy and reserves of gold the value of its country’s currency on the international market reserves of gold and foreign currencies reserves of gold and foreign currencies rules for how banks can operate the money supply

Task II. Prepare an outline of the history of English clearing banks. Write down an extended plan, reflecting the major stages of the British banking system development.

Task III. Fill in the table giving characteristics of the main types of bankingthroughout history.

  Features Services provided
Ancient banking    
Goldsmith’s banking    
Country banking    
Joint-stock banking    
Branch banking    
Present day banking    

Task IV. Write a summary and a GIST of each Text.

Speaking





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