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Government Policies reading comprehension

Quiz by Danielle Dawson

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10 questions
Show answers
  • Q1
    What is one of the most significant parts of the UK's economy?
    agriculture sector
    financial services sector
    manufacturing sector
    technology sector
    30s
  • Q2
    Which political factor can change the way banks lend money?
    new regulations
    customer demand
    increased competition
    technological advancements
    30s
  • Q3
    What happens when the government increases interest rates?
    It becomes more expensive to borrow money
    It encourages more lending
    It lowers the cost of borrowing
    It has no impact on borrowing
    30s
  • Q4
    What significant political event has affected UK financial services?
    Brexit
    Changes in leadership
    The introduction of a new currency
    The 2008 financial crisis
    30s
  • Q5
    Why did some financial firms move operations to other European cities?
    To continue doing business with EU customers
    To increase their workforce
    To reduce their taxes
    To access better banking services
    30s
  • Q6
    What does the UK government need to negotiate after Brexit?
    New insurance policies
    New trade deals
    New banking technology
    New employee contracts
    30s
  • Q7
    How can lower taxes for businesses affect investment in the UK?
    It does not affect investment
    It can encourage companies to invest more
    It can discourage hiring new employees
    It can lead to economic decline
    30s
  • Q8
    What might happen if taxes are higher in the UK according to the passage?
    All businesses will thrive
    Some businesses might move to other countries
    Investment will increase
    No businesses will change locations
    30s
  • Q9
    What is a key takeaway about government policies and political changes?
    They are irrelevant to financial services
    They only affect consumers, not businesses
    They significantly influence the UK financial services sector
    They have no impact on the economy
    30s
  • Q10
    Why is it important for businesses and consumers to understand changes in government policies?
    To reduce spending
    To increase their savings
    To make informed decisions about their finances
    To avoid taxes
    30s

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