ELC10 - Listening Comprehension Exercise

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What is the most common type of bank account for everyday transactions in Canada?

Chequing Account (correct)

TFSA Account

RRSP Account

Savings Account

What does 'E-transfer' stand for in the Canadian banking system?

Emergency Transfer

Efficient Transfer

Easy Transfer

Electronic Funds Transfer (correct)

What is the primary function of an E-transfer in the Canadian banking system?

Paying bills and splitting expenses (correct)

Applying for loans

Managing credit cards

Opening new bank accounts

Which method allows you to manage your finances from a computer or mobile device?

Online banking Signup and view all the answers

What is the most important advice the guest gives for improving banking-related English?

Practice using banking terms in context Signup and view all the answers

In the sample interaction, what type of account does the bank employee recommend for the customer's day-to-day transactions?

Chequing account Signup and view all the answers

What is the main advantage of a high-interest savings account according to the bank employee?

Competitive interest rates Signup and view all the answers

What action can be performed at no extra cost between the chequing and savings accounts according to the bank employee?

Make electronic transfers Signup and view all the answers

How does the bank employee describe the online banking platform and mobile app?

Convenient and straightforward Signup and view all the answers

What fees are associated with the chequing account according to the bank employee?

Monthly fee that can be waived with a minimum balance Signup and view all the answers

In what situation might it be worth exploring travel-friendly options according to the bank employee?

When traveling frequently abroad Signup and view all the answers

What did the customer indicate about his banking needs in the interaction with the bank employee?

He needs both a daily transaction account and a savings account Signup and view all the answers

What did the host want to touch on after discussing mortgages and loans with the guest?

A sample interaction between a customer and a bank employee Signup and view all the answers

What is crucial for effective navigation of online banking platforms?

Understanding terms like 'Bill Payment,' 'Account Summary,' and 'Transfer Funds' Signup and view all the answers

What did the guest emphasize as important for building confidence in asking questions and engaging in discussions?

Understanding how terms are used in context Signup and view all the answers

What does the guest suggest as a way to improve banking-related English?

Practicing using banking terms in context Signup and view all the answers

ELC10 - Listening Comprehension Exercise

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