Question # 1

Who can endorse the cheque:

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Holder of cheque

Drawer of cheque

Both A & B

None of these

How many features of good money market

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12

15

17

20

Security is a powerful tool that ensure the repayment of:

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Deposit

Debt

Interest

None of the above

Bill of exchange is written order whihc is always.

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Unconditional

conditional

Compulsory

None ofthese

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

It is necessary for scheduled bank to

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Act on the instructions of central bank

Submit report to central bank

Get the books checked

Al the above

Term "or oreder" is written in order cheque after:

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Drawer's name

Payee's name

Customer's name

Endorsee's name

Beginning of Bank draft by

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Kings

Money lenders

Merchants

gold smith

The letter of credit which can be endorsed to another person is called:

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Special L.C

Transferable L.C

Resolving L.C

None of the above

The document by which the people are invited to buy the shares of bank is called

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

Which is teh secondary function of commercial bank.

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Accepting deposits

Advancing loans

Collection of cheques

All of these

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

While deposting money in your a/c you must use.

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Pay in slip

Deposit slip

Credit voucher

All of these

Pass Book is nto issued in.

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Saving Account

Fixed Deposit Account

BBA Account

Current Account

Non-scheduled bank can

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Deal in foreign exchange

Attain the of public confidence

Open new branch without permission

All the above

Credit cards payment are considered.

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Credit payment

Cash Payment

Both a and b

None of these

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