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1.  
“The bank refused to honour the cheque.” – here the word in bold means:

Correct Answer: B [accept and pay (a cheque or bill)]

Explanation:

In banking, honour = accept and pay (a cheque or bill); ‘respect’ is the everyday sense and does not fit.

2.  
“The company posted a record profit.” – here the word in bold means:

Correct Answer: D [report (a result)]

Explanation:

In banking, post = report (a result); ‘send by mail’ is the everyday sense and does not fit.

3.  
“The deposit will mature in five years.” – here the word in bold means:

Correct Answer: E [become due for payment]

Explanation:

In banking, mature = become due for payment; ‘become adult’ is the everyday sense and does not fit.

4.  
The witness's account was so ________ that the court accepted it at once.

Correct Answer: A [credible]

Explanation:

credible = believable. creditable = deserving praise.

5.  
The data are stored in ________ blocks that can be read one at a time.

Correct Answer: C [discrete]

Explanation:

discrete = separate; discreet = careful (adjective for people); discretion and discreetly are the wrong parts of speech; discharge does not fit.

6.  
Choose the CORRECTLY spelt word.

Correct Answer: A [entrepreneur]

Explanation:

entrepreneur – entre + pre + neur.

7.  
Choose the meaning of the idiom to put all one's eggs in one basket.

Correct Answer: D [to risk everything on a single venture]

Explanation:

to put all one's eggs in one basket = to risk everything on a single venture.

8.  
Choose the one word for: Government by a small group of powerful people.

Correct Answer: E [oligarchy]

Explanation:

oligarchy = government by a small group of powerful people.

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