O’zbekiston respublikasi оliy va o’rta maxsus ta’lim vazirligi тоshkent moliya instuti

Task 3.Reading: Answer the following questions according to the text
The desires of a child were naturally rather limited in the Victorian era. Toys were simple and comparatively few. There were no bicycles or mechanical models; the average child “made his own fun” from very cheap materials. Really the only shop the child dreamed of entering for his own purposes was the sweatshop. Nowadays a bewildering variety of toys, magazines and entertainment in a multitude of shops, compete for his interest and money; and the boredom of having everything ready-made leads to a constant desire for something new.
28. It is suggested in the passage that the modern child _____.
A) wishes he had been born in the Victorian era.
B) suffers from boredom in spite of all the toys.
C) develops his abilities by playing with toys.
D) is well able to amuse himself.
E) is allowed to eat too much.
29. According to the passage _____.
A) mechanical toys are essential to a child’s happiness.
B) a child should not be left to “make his own fun”.
C) home-made toys give more pleasure than ready-made ones.
D) there was a constant desire for something new.
E) simple toys slow down a child’s development.
30. The passage emphasizes _____.
A) a child should have money to spend on toys.
B) the importance, in childhood, of a large choice of toys.
C) how lucky the modem child is.
D) that sweets are not good for the health.
E) the difference between a Victorian childhood and a present-day one


Task 4.Writing: Translate the given text into your native language
What is a central bank?
JUST as a prudent driver keeps an eye on the road ahead and a steady hand on the wheel, a country’s central bank tries to keep the economy on course. A central bank looks at economic data such as factory orders, housing, consumer credit, retail sales, manufacturing, and construction and employment figures in an effort to keep the economy from overheating . It consequently adjusts money supply and interest rates to keep the economy headed in the right direction.
Instead of taking deposits and making loans like a normal bank, a central bank—such as the U.S. Federal Reserve or the Bank of Japan—controls the economy principally by increasing or decreasing the country’s supply of money. Cranking up the printing presses, however, is not the main way a central bank increases the country’s money supply. In most modern economies, printed notes and coins are only a small percentage—usually less than ten percent—of the total money supply. Central banks print only enough currency to satisfy the everyday needs of business and consumers. In the United States, the Federal Reserve usually prints up only enough bills to replace worn-out money in circulation.
But a central bank is much more than a national piggy bank. Besides coordinating a country’s monetary policy, the central bank serves as a watchdog, supervising the country’s banking and financial system. In most countries, the central bank is given a considerable degree of independence. In the United States, for example, the president appoints the head of the Federal Reserve, but from the moment on, the government has no significant say in how the money supply is regulated.
The activities and responsibilities of central banks vary widely from country to country. The Bank of England, for example, is responsible for printing the money as well as supervising the banking system coordinating monetary policy. The European Central Bank head oversees the monetary policy for all the countries in the euro area, but is limited in how much it can intervene in each country.