THE AUTHOR MENTIONS ALL OF THE FOLLOWING IN THE PASSAGE EXCEPTCÂU 34
Câu 34:
The author mentions all of the following in the passage EXCEPT
A.
The exhibits are renewed every year.
B.
The centre is located in Jurong
C.
There are four exhibition galleries in the centre.
D.
The centre is the biggest in Asia.
Read the following passage and mark the letter
A, B, C, or D on your answer sheet to incorrect
answer to each of the questions from 35 to 42:
Smart cards and mobile phones are becoming an increasingly popular way to make all sorts of
payments. Even now, in Japan thousands of transactions, from paying rail tickets to picking up the
groceries, take place every day with customers passing their handsets across
a small flat-screen device.
And predictions in the world of finance reckon that payments using mobile phones will have risen to
more than $50 billion in the very near future.
What's the appeal of e-cash? Compared to cheque or credit cards, it offers the speed of cash, but
more so. It takes just one tenth of a second to complete most transactions and as no change is required,
errors in counting are eliminated. Fraud and theft are also reduced and for the retailer, it reduces the
cost of handling money. Sony's vision of having a chip
embedded
in computers, TVs and games
consoles means that films, music and games can be paid for easily without having to input credit card
details. And what about the future of the banks? Within their
grip
on the market, banks and creditcard
firms want to be in a position to collect most of the fees from the users of mobile and contactless-
payment systems. But the new system could prove to be a "disruptive technology" as far as the banks
are concerned. If payments for a few coffees, a train ticket and a newspaper are made every day by a
commuter with a mobile, this will not appear on their monthly credit card statements but on their
mobile phone statements. And having spent fortunes on branding, credit-card companies and banks do
not want to see other payment systems gaining popularity. It's too early to say whether banks will miss
out and if so, by how much. However, quite a few American bankers are optimistic. They feel there is
reason to be suspicious of those who predict that high-street banks may be a thing of the past. They
point out that Internet banking did not result in the closure of their high street branches as was
predicted. On the contrary, more Americans than ever are using local branches. So, whether we'll
become a totally cash-free society remains open to contention.