| 1 |
Cheque consists of future date is called. |
- A. Out date
- B. Post dated
- C. Anti dated
- D. None of these
|
| 2 |
Why does a bank grant loans to businessmen |
- A. To purchase raw material
- B. To pay wages
- C. To pay development expenditures
- D. All the above
|
| 3 |
The main sources of bank's fund are |
- A. Own capital
- B. Deposits
- C. Loan from other banks
- D. All the above
|
| 4 |
On every cheque bank gets. |
- A. Tax
- B. Profit
- C. Duty
- D. Commission
|
| 5 |
Long term loan is advanced against the following security: |
- A. Non-material
- B. Material
- C. Personal
- D. All of the above
|
| 6 |
If the bank refuses to pay the amount of cheque. |
- A. Discounting
- B. Crossing
- C. Dishonoring
- D. None of these
|
| 7 |
In case of mortage, the property remains in the possession of: |
- A. Lender (creditors)
- B. Borrower (debtors)
- C. The government
- D. All of the above
|
| 8 |
Account payee only in the transverse parallel line. |
- A. Bearer cheque
- B. Special crossing
- C. General crossing
- D. None of these
|
| 9 |
The person in who's favor a cheque is endorsed is called. |
- A. Endorser
- B. Debtor
- C. Endorsee
- D. None of these
|
| 10 |
What is called a good security |
- A. Whose price can be determined easily
- B. Which does not have any government restriction
- C. Whose ownership is totally clear
- D. All the above
|
