A Bank Manager Talking about Money Management IELTS Listening Answer

Aug 3, 2022

A Bank Manager Talking about Money Management IELTS Listening Answer is a monologue where the bank manager is talking about money management. The candidate needs to answer the following questions such as complete the sentence, choose two correct answer,write not more than three words as answer and select the correct letter A-F, from the table which corresponds to each item. For completing the sentence, candidates are required to answer in not more than three words for each answer, choose two correct answers from A-E, answer the question in three words, and select the correct word from A-F.
The IELTS Listening section tests a candidate’s listening ability. The candidates are required to listen to an audio and then answer the given IELTS listening questions.

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Topic: A Bank Manager Talking about Money Management

Audio:

Section 2

Questions 11-15

Questions 11-12:
Complete the following sentence with NO MORE THAN TWO WORDS for each answer.

The manager says people want to save money for retirement, children’s education, an 11________, and a 12_______

Answer 11: rainy day
Explanation: Most people want to enjoy the money they earn today but also put some aside for a rainy day.

Answer 12 : big house
Explanation: The kids’ education, that big house in the country you’ve always dreamed of and of course, retirement.

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Questions 13-14:
Choose TWO correct answers A-E and write them on your answer sheet.

The manager says how much money one should spend and how much one should save ____________

depends on individual tastes
is clearer as one gets older
depends entirely on how many children one has
should be decided after writing out a budget for daily necessities
partly depends on one’s health

Answer 13:D
Explanation: write a budget for the necessities, food, rent, mortgage and loan payments.

Answer 14: E
Explanation: It depends on things like age, your health, how many children you have etcetera

Question 15:
Write NO MORE THAN THREE WORDS for your answer

What does the manager say you should do if you have nearly spent your budget for the month? ____________

Answer 15: stay at home
Explanation: If after 3 weeks you find that you have nearly spent your budget for the month, then stay at home for a week, no fancy restaurant or drinking with the boys.

Questions 16-17:
Complete the following sentences.
Write NO MORE THAN TWO WORDS for each answer

The manager refers to keeping some money in a current account for use in emergencies as a ____________

Answer: safety cushion
Explanation: use your credit card unless you absolutely have to and get that safety cushion back in the bank as soon as you can

This has been described as a voluntary tax on fools ____________

Answer: government lottery
Explanation: government lottery is a voluntary tax on fools

Questions 18-20:
Select the correct letter A-F, from the table on the next page which corresponds with each item in the left column below

Item	Corresponding letter
Blue-chip stocks	18 ____________
Balanced portfolios Venture capital investments	19 ____________ 20 ____________

Best spread of risks to meet investors’ objectives
Known, guaranteed returns for a fixed period of time
Should be purchased if the buyer is optimistic
High risk, potentially high returns
Always mean investment in new, small companies with excellent technologies
Provide steady returns

Answer 18: F
Explanation: less predictable but which will probably provide steady if not spectacular returns for years to the riskiest of all, venture capital where success could increase the value a hundredfold or failure could wipe it out.

Answer 19: A
Explanation: less predictable but which will probably provide steady if not spectacular returns for years to the riskiest of all, venture capital where success could increase the value a hundredfold or failure could wipe it out.

Answer 20: D
Explanation: less predictable but which will probably provide steady if not spectacular returns for years to the riskiest of all, venture capital where success could increase the value a hundredfold or failure could wipe it out.

*The article might have information for the previous academic years, please refer the official website of the exam.