1 |
Parties involved in a cheque. |
- A. A/c holder
- B. Bank
- C. Payee
- D. All of these
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2 |
Which things can be accepted by bank as security at the time of granting loan |
- A. Gold and silver
- B. Property
- C. Shares and debentures of company
- D. All the above
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3 |
On which of the following amount of overcraft, bank receives interest: |
- A. Fix
- B. Total
- C. Used
- D. All of the above
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4 |
On every cheque bank gets. |
- A. Tax
- B. Profit
- C. Duty
- D. Commission
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5 |
The cheque which cannot be cashed on the bank counter. |
- A. Bearer cheque
- B. Crossed cheque
- C. Order cheque
- D. Both bearer and order
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6 |
The loans which are issued for the period of one to five year called |
- A. Demand loans
- B. Short term loans
- C. Medium term loans
- D. Long term loans
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7 |
Bank prefers to advance loan on such documents |
- A. Which are easy to keep
- B. Which are transferable
- C. Whose price can be determined easily
- D. All the above
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8 |
The goods or items accepted as security for advancing loan should not be: |
- A. Durable
- B. Insured
- C. Under burden
- D. Liquid
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9 |
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
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10 |
Account payee only in the transverse parallel line. |
- A. Bearer cheque
- B. Special crossing
- C. General crossing
- D. None of these
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