| 1 |
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
|
| 2 |
Two transverse parallel lines on the face of cheque. |
- A. Crossingof cheque
- B. Dishnoring of cheque
- C. Endorsed of cheque
- D. Retirementof cheque
|
| 3 |
Cheque is a credit instrument. |
- A. Partial negotiable
- B. Negotiable
- C. Non negotiable
- D. None of these
|
| 4 |
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
|
| 5 |
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
|
| 6 |
Cheque consists of future date is called. |
- A. Out date
- B. Post dated
- C. Anti dated
- D. None of these
|
| 7 |
The person in who's favor a cheque is endorsed is called. |
- A. Endorser
- B. Debtor
- C. Endorsee
- D. None of these
|
| 8 |
On every cheque bank gets. |
- A. Tax
- B. Profit
- C. Duty
- D. Commission
|
| 9 |
What is meant by hypothecation |
- A. To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt
- B. To hand over the documents of property by a customer until the repayment of debt
- C. A type of security in which neither the ownership nor the possession passes to the bank
- D. A receipt of loan which shows that money has been borrowed against an immovable property as a security
|
| 10 |
Negotiable instruments are defined by Act. |
- A. 1881
- B. 1857
- C. 1694
- D. 1935
|
