Question # 1

The loans obtained for meeting the administrative expenses and purchase of raw material are:

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Short term loans

Medium Term lonas

Long Term lonas

All of the above

The document which reveals the ownership of goods kept on port:

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Bill of lading

Dock warrant

Delivery order

Railway receipt

What is called a good security

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Whose price can be determined easily

Which does not have any government restriction

Whose ownership is totally clear

All the above

Bank prefers to advance loan on such documents

Choose an answer

Which are easy to keep

Which are transferable

Whose price can be determined easily

All the above

Which of the following is a highly marketable security

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Document of title to goods

Shares and debentures

Immovable property

All the above

Security is a powerful tool that ensure tthe repayment of:

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Deposit

Dept

Interest

None of the above

The types of credit instrument are.

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Four

Two

three

None of these

Cheque is a credit instrument.

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Partial negotiable

Negotiable

Non negotiable

None of these

The person in who's favor a cheque is endorsed is called.

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Endorser

Debtor

Endorsee

None of these

The loan which can be demanded at any time are called

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Short term loans

Demand loans

Overdraft

All the above

Cheque is always payable on.

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Phone call

At sight

After banking hour

On demand

Negotiable credit instruments does not includes.

Choose an answer

Cheque

ATM card

Draft

Promissory

What is meant by hypothecation

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To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt

To hand over the documents of property by a customer until the repayment of debt

A type of security in which neither the ownership nor the possession passes to the bank

A receipt of loan which shows that money has been borrowed against an immovable property as a security

The main sources of bank's fund are

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Own capital

Deposits

Loan from other banks

All the above

Negotiable credit instrument.

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Control credit

Stop credit

Create credit

None of these

Cheque consists of future date is called.

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Out date

Post dated

Anti dated

None of these

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