Paraguay President Under Criminal Investigation After Major Digital Bank Collapse

Study the questions and tasks

Work through the material below, or start the interactive practice above to complete an attempt. Try the exercises before opening any answer or transcript sections, then use them to review your work.

Practice level

C1. Try this level if you can follow the instructions and understand most of the language; choose an earlier level if you need more support.

Question formats

Single choice

How to approach this practice

Read the questions, then listen before opening the transcript. Notice names, numbers and any corrections the speaker makes.

1. Question 1 · Single choice

   Choose one answer.

   According to the narration, what immediately followed the bank’s collapse in the reported sequence?

   Return to the passage, recording or visual
   1. Prosecutors announced an investigation involving Peña.
   2. The bank reopened with government support.
   3. A court issued its final judgment.
   4. The account identified the alleged offense.
   Check answers and explanations

   Answer

   Prosecutors announced an investigation involving Peña.

   The first sentence reports prosecutors’ announcement after the collapse.

   Paraguayan President Santiago Peña is under criminal investigation following the collapse of a major digital bank, prosecutors announced Thursday.

2. Question 2 · Single choice

   Choose one answer.

   What does the narration say an investigation is?

   Return to the passage, recording or visual
   1. A formal inquiry that alone does not prove wrongdoing
   2. A judicial finding that an offense occurred
   3. A public accusation supported by disclosed evidence
   4. A political process that automatically leads to charges
   Check answers and explanations

   Answer

   A formal inquiry that alone does not prove wrongdoing

   The recording gives a direct definition and distinguishes it from guilt.

   An investigation is a formal inquiry; by itself, it does not establish wrongdoing or amount to a finding of guilt.

3. Question 3 · Single choice

   Choose one answer.

   What caveat does the narrator attach to possible concerns about funds and responsibilities?

   Return to the passage, recording or visual
   1. The account confirms that both concerns apply.
   2. The concerns are general, and their relevance here is unknown.
   3. Prosecutors have ruled out both concerns.
   4. The concerns apply only to banks with branches.
   Check answers and explanations

   Answer

   The concerns are general, and their relevance here is unknown.

   The narration separates general banking concerns from case-specific facts.

   These are general issues associated with bank failures; the available facts do not establish which, if any, apply in this case.

4. Question 4 · Single choice

   Choose one answer.

   Which political events does the narration say preceded the announcement by hours?

   Return to the passage, recording or visual
   1. Peña’s resignation and impeachment
   2. An election and a cabinet reshuffle
   3. A bank merger and a regulatory review
   4. A trial and a parliamentary vote
   Check answers and explanations

   Answer

   Peña’s resignation and impeachment

   The narration names both events directly.

   The announcement came hours after Peña’s resignation and impeachment, according to the available account.

5. Question 5 · Single choice

   Choose one answer.

   What outcome does the narration say remains unsettled?

   Return to the passage, recording or visual
   1. The inquiry’s scope and any eventual charges or findings
   2. The president’s identity and the country involved
   3. The bank’s digital business model
   4. The day on which prosecutors spoke
   Check answers and explanations

   Answer

   The inquiry’s scope and any eventual charges or findings

   The stated scope, basis, charges, and findings are still unspecified.

   The inquiry’s scope, the basis for it, and any eventual charges or findings remain unspecified in the verified account.

6. Question 6 · Single choice

   Choose one answer.

   What role does the narration assign to physical branches in digital banking?

   Return to the passage, recording or visual
   1. They are often unnecessary to the digital service model.
   2. They are legally required for every digital bank.
   3. They provide the only way to access financial services.
   4. They determine whether a bank can face investigation.
   Check answers and explanations

   Answer

   They are often unnecessary to the digital service model.

   Digital channels may replace reliance on a conventional branch network.

   Digital banks provide financial services through digital channels, often without relying on a conventional network of physical branches.

7. Question 7 · Single choice

   Choose one answer.

   What does the narration say can raise questions about funds and responsibilities?

   Return to the passage, recording or visual
   1. A digital bank’s collapse
   2. The announcement of a political transition
   3. The existence of a conventional branch network
   4. A prosecutor’s decision not to disclose evidence
   Check answers and explanations

   Answer

   A digital bank’s collapse

   The stated result follows bank failures generally.

   As with other banks, their collapse can raise questions about the handling of funds and the responsibilities of people connected to the institution.

What to review next

Listen again to difficult sections, then open the transcript to check what you heard. Repeat a useful phrase aloud and try the recording once more without the text.

A focused practice result shows how you did on these tasks. Use several activities across skills to decide what to study next; one practice score does not certify an overall CEFR level.

Before you practise: a worked example

Listen for the final information, especially when a speaker corrects or changes an earlier statement.

Example transcript: “Let’s meet at five — actually, half past five would be better.” What is the final suggested time?

The final suggested time is 5:30. Actually signals a correction; the first time is replaced by the later suggestion.

This teaching example is separate from the scored questions. After your test, compare any mistakes with the explanation and revisit the topic before trying again.