In the modern world, the financial sector plays a vital role in the stability and growth of economies. Banking, as a cornerstone of this sector, facilitates the flow of money, supports businesses, and helps individuals manage their finances efficiently. Banks offer various services such as savings accounts, loans, and investment opportunities. Moreover, they act as intermediaries between those who have surplus funds and those who require funds. With the advent of technology, online banking has become increasingly popular, providing customers with the convenience of managing their accounts and making transactions from anywhere at any time.
Exercise:
Choose the synonym for the underlined words in the passage:
1. "Stability" - a) volatility b) constancy c) inconsistency
2. "Facilitates" - a) hinders b) encourages c) assists
3. "Efficiently" - a) effectively b) ineffectively c) wastefully
4. "Surplus" - a) deficit b) abundance c) scarcity
5. "Advent" - a) conclusion b) beginning c) termination
6. "Increasingly" - a) constantly b) sporadically c) progressively
7. "Convenience" - a) inconvenience b) comfort c) disadvantage
8. "Transactions" - a) agreements b) dealings c) conflicts
Exercise:
Choose the synonym for the underlined words in the passage:
1. "Stability" - a) volatility b) constancy c) inconsistency
2. "Facilitates" - a) hinders b) encourages c) assists
3. "Efficiently" - a) effectively b) ineffectively c) wastefully
4. "Surplus" - a) deficit b) abundance c) scarcity
5. "Advent" - a) conclusion b) beginning c) termination
6. "Increasingly" - a) constantly b) sporadically c) progressively
7. "Convenience" - a) inconvenience b) comfort c) disadvantage
8. "Transactions" - a) agreements b) dealings c) conflicts
