Life in the United Kingdom Test
Answer set 17: Money and Credit

Answer 1: (4). £100.

Answer 2: (2). No. In January 2002 twelve European Union (EU) states adopted the euro as their common currency. The UK government decided not to adopt the euro at that time, and has said it will only do so if the British people vote for the euro in a referendum.

Answer 3: (5). You can get or change foreign currency at banks, building societies, large post offices and exchange shops or bureau de change. You might have to order some currencies in advance. The exchange rates vary and you should check for the best deal.

Answer 4: (2). To open an account, you need to show documents to prove your identity, such as a passport, immigration document or driving license. You also need to show something with your address on it like a tenancy agreement or household bill.

Answer 5: (2). As well as insuring their property and possessions, many people insure their credit cards and mobile phones. They also buy insurance when they travel abroad in case they lose their luggage or need medical treatment. Insurance is compulsory if you have a car or motorcycle.

Answer 6: (4). The UK has a system of social security, which pays welfare benefits to people who do not have enough money to live on. Benefits are usually available for the sick and disabled, older people, the unemployed and those on low incomes. People who do not have legal rights of residence (or 'settlement') in the UK cannot usually receive benefits.




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