Question # 1

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

Which of the following rate keeps the balance of payments in equilibrium

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Discount rate

Interest rate

Exchange rate

Market rate

What is meant by margin requirement

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To advance loan less than the value of security

To give less amount as interest than the amount of loan

To advance more loan than the value of security

To advance loan equal to the value of security

Credit Card, ATM card and Debit Card are.

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Metallic money

Paper Money

Plastic Money

Bank Money

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

The person who accepts the bill of exchang is.

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Debtor

Drawer

Payee

None of these

The person who is committed to manager the property of other.

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Trustee

Bailee

Morggagee

None of these

Two transverse parallel lines on the face of cheque.

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Crossingof cheque

Dishnoring of cheque

Endorsed of cheque

Retirementof cheque

The amount of money in the amount of account holder is called:

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Profit

Interest

Deposit

Loan

The detail in the memorandum of bank is recorded :

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In one paragraph

In seperate paragraphs

On one page

All of the above

Money market is a market of loans for

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Short term

Medium term

Long term

All the above

The more increase in exchange rate for a country under gold standard is called

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Lower specie point

Middle specie point

Upper specie point

None of the above

Parties involvedin money order.

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Two

Three

Four

Five

The person is whose favor thebill is endorsed is.

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Endorsee

Endorser

Debtor

Acceptor

Which things can be accepted by bank as security at the time of granting loan

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Gold and silver

Property

Shares and debentures of company

All the above

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

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