| 1 |
Cheque consists of future date is called. |
- A. Out date
- B. Post dated
- C. Anti dated
- D. None of these
|
| 2 |
Account payee only in the transverse parallel line. |
- A. Bearer cheque
- B. Special crossing
- C. General crossing
- D. None of these
|
| 3 |
Bank should advance loans to those people who are strong |
- A. Financially
- B. Domestically
- C. Politically
- D. All the above
|
| 4 |
The types of credit instrument are. |
- A. Four
- B. Two
- C. three
- D. None of these
|
| 5 |
Parties involved in a cheque. |
- A. A/c holder
- B. Bank
- C. Payee
- D. All of these
|
| 6 |
The loan which is granted by by bank to account holder on temporary basis called |
- A. Cash credit
- B. Overdraft
- C. Demand loan
- D. None of the above
|
| 7 |
On every cheque bank gets. |
- A. Tax
- B. Profit
- C. Duty
- D. Commission
|
| 8 |
Main uses of bank funds are |
- A. Advancing loans
- B. Direct investment
- C. Both a and b
- D. None of these
|
| 9 |
The loans obtained for meeting the administrative expenses and purchase of raw material are: |
- A. Short term loans
- B. Medium Term lonas
- C. Long Term lonas
- D. All of the above
|
| 10 |
The person in who's favor a cheque is endorsed is called. |
- A. Endorser
- B. Debtor
- C. Endorsee
- D. None of these
|
