10 Questions
What responsibilities does the Chancellor of the Exchequer have?
Controls the Government’s finances, public spending, taxes, and borrowing money.
What is the significance of the name 'Exchequer'?
It is an old name for the government department that manages money.
Why was the first Budget announced in 1284?
To manage the government's financial matters.
In what year was the department renamed His Majesty’s Treasury?
1833
What was the origin of the term 'Exchequer'?
Comes from a chequered cloth on the table where financial calculations were made.
Match the following terms with their descriptions:
Chancellor of the Exchequer = Controls government's finances Exchequer = Government department managing money Budget = Announced for the first time in 1284 His Majesty's Treasury = Renamed in 1833
Match the following historical milestones with their descriptions:
1284 = Year of the first Budget announcement 1833 = Year of the department renaming to His Majesty's Treasury Chequered cloth = Origin of the term 'Exchequer' Government finances = Responsibility of the Chancellor of the Exchequer
Match the following roles with their responsibilities:
Chancellor of the Exchequer = Control public spending and taxes His Majesty's Treasury = Manages government's financial matters Exchequer = Historical name for money management department Budget announcement = Traditional practice since 1284
Match the following terms with their meanings:
Chequered cloth = Tablecloth where financial calculations were made Public spending = Managed by the Chancellor of the Exchequer Renaming in 1833 = Changed to His Majesty's Treasury Financial management = Core responsibility of Exchequer
Match the following entities with their functions:
Chancellor's role = Control how much money is borrowed Exchequer's purpose = Manage government's finances Budget origin = First announced in 1284 Treasury renaming = Happened in 1833
Learn about the role of the Chancellor of the Exchequer in controlling the government's finances, public spending, taxes, and borrowing. Explore the history of the Exchequer department and its evolution to His Majesty's Treasury.
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