ELC10 - Grammar Exercise
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Questions and Answers

The series of bank statements _____ (reveal, reveals) several discrepancies that need immediate attention.

reveals

If you _____ (deposit, deposits) more than $10,000, the bank offers you a premium interest rate.

deposit

The new savings plan _____ (seem, seems) more flexible than the previous one, allowing for multiple withdrawals without penalty.

seems

A direct deposit _____ (could, coulds) be the best option for you to avoid transaction fees.

<p>could</p> Signup and view all the answers

Last month, I _____ (make, made) several transactions but have not received the statements yet.

<p>made</p> Signup and view all the answers

How _____ (do, does) the interest rate on a long-term deposit compare to that of a short-term one?

<p>does</p> Signup and view all the answers

The fees for international transfers _____ (was, were) reduced significantly after the new policy was implemented.

<p>were</p> Signup and view all the answers

_____ (Have, Has) you ever considered applying for a line of credit? It might offer more flexibility than a traditional loan.

<p>Have</p> Signup and view all the answers

If I _____ (had, have) known about the overdraft protection service earlier, I would have avoided the penalty fees.

<p>had</p> Signup and view all the answers

Among all the credit cards available, which one _____ (is, are) considered the best in terms of rewards and benefits?

<p>is</p> Signup and view all the answers

The interest rates on savings accounts _____ (has, have) been fluctuating due to recent economic changes.

<p>have</p> Signup and view all the answers

Customers who _____ (maintain, maintains) a minimum balance avoid the monthly service charges.

<p>maintain</p> Signup and view all the answers

This month's bank statement _____ (include, includes) a detailed report of all transactions.

<p>includes</p> Signup and view all the answers

You _____ (might, mights) want to check the latest currency exchange rates before making an international transfer.

<p>might</p> Signup and view all the answers

The loan application process _____ (was, were) simplified to encourage more applicants.

<p>was</p> Signup and view all the answers

If the cheque _____ (is, are) not signed, the bank will not process the transaction.

<p>is</p> Signup and view all the answers

Who _____ (do, does) I contact for assistance with online banking setup?

<p>do</p> Signup and view all the answers

A new branch _____ (open, opens) downtown next month to serve more customers.

<p>opens</p> Signup and view all the answers

Customers _____ (is, are) advised to review their account statements monthly to ensure accuracy.

<p>are</p> Signup and view all the answers

If you _____ (need, needs) further information, our customer service team is available to assist you.

<p>need</p> Signup and view all the answers

Study Notes

Banking Services and Features

  • Bank statements can reveal discrepancies that require immediate attention.
  • Depositing more than $10,000 can earn a premium interest rate.
  • The new savings plan allows for multiple withdrawals without penalty, making it more flexible.
  • Direct deposit can be a good option to avoid transaction fees.
  • Interest rates on long-term deposits are compared to those of short-term deposits.
  • Fees for international transfers have been significantly reduced after the new policy implementation.
  • A line of credit can offer more flexibility than a traditional loan.

Banking Benefits and Rewards

  • Among available credit cards, one is considered the best in terms of rewards and benefits.
  • Interest rates on savings accounts have been fluctuating due to recent economic changes.
  • Maintaining a minimum balance avoids monthly service charges.
  • Bank statements include a detailed report of all transactions.
  • Checking the latest currency exchange rates is advisable before making an international transfer.

Banking Operations and Assistance

  • The loan application process has been simplified to encourage more applicants.
  • Unsigned cheques will not be processed by the bank.
  • Assistance with online banking setup is available through a contact person.
  • A new branch will open downtown next month to serve more customers.
  • Customers are advised to review their account statements monthly to ensure accuracy.
  • Further information is available from the customer service team.

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Description

This Grammar Exercise is designed to sharpen grammatical skills within the context of Canadian banking transactions. It focuses on essential concepts such as subject-verb agreement, modal verb usage for politeness, tense selection, conditional sentences, comparatives and superlatives, and the use of passive voice. Each sentence in the exercise presents a banking-related scenario with a blank to be filled with the correct word or phrase from the given options. This concise format aims to improve both grammatical proficiency and familiarity with banking terminology, making it suitable for individuals looking to enhance their English in professional or financial environments.

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