| 1 |
A good security is one which is. |
- A. Perishable
- B. Marketable
- C. Disputed
- D. All the above
|
| 2 |
The main uses of bank funds are. |
- A. Cash reserve
- B. Granting loan
- C. Issuing shares
- D. None of these
|
| 3 |
Documents of title to goods includes. |
- A. Dock warrant
- B. Bill of lading
- C. Delivery order
- D. All the above
|
| 4 |
When customer deposits his money in a bank, he becomes |
- A. Mortgagee
- B. Creditor
- C. Debtor
- D. None of the above
|
| 5 |
When a bank accepts real estate as security by way of mortgage then it is called |
- A. Aamal
- B. Zarib
- C. Mortgager
- D. Mortgagee
|
| 6 |
If an old joint stock company opens the account then a bank demands for last few years: |
- A. Balance sheet
- B. Annual report
- C. Both (a) & (b)
- D. None of the above
|
| 7 |
Pledge means loan given against |
- A. Immovable property
- B. Movable property
- C. Botha a and b
- D. None of these
|
| 8 |
The other name of cash credit is. |
- A. Overdraft
- B. Cash finance
- C. Runnign finance
- D. None of these
|
| 9 |
Which of the following customers does not have more rights on bank: |
- A. Individual customer
- B. Joint customer
- C. Minor customer
- D. All have the same
|
| 10 |
Which of the following terms is used regarding the confirmation of death of bank customer |
- A. Stopped account
- B. Cancelled account
- C. Deceased account
- D. Closed account
|
