| 1 |
the precautions while advancing loan by bank are. |
- A. Safety of loan
- B. Durable security
- C. Liquidity
- D. All the above
|
| 2 |
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
|
| 3 |
Before opening account in bank, a married women is asked about her: |
- A. Husband's name
- B. Father's name
- C. Mother's name
- D. All of the above
|
| 4 |
Person having an account with a bank or having some similar relation with the bank is called |
- A. Owner
- B. Debtor
- C. Consumer
- D. Customer
|
| 5 |
Married women can open following account in bank: |
- A. Saving account
- B. Current account
- C. Fixed amount
- D. All of the above
|
| 6 |
Margin means the difference between amount of loan and. |
- A. Value of overdraft
- B. Market value
- C. Value of security
- D. None of these
|
| 7 |
The parties involved in a gurantee are. |
- A. Debtor
- B. Creditor
- C. Guarantor
- D. All these
|
| 8 |
A trustee is the: |
- A. Owner of property
- B. Care taker of property
- C. Mortgagee of property
- D. None of the above
|
| 9 |
Clubs, cooperative societies, and associations etc. are entitled as following concern |
- A. Partnership
- B. Non-trading
- C. Trading
- D. All the above
|
| 10 |
What is the status of an account if opened by a government institution |
- A. A non-trading concern
- B. An individual
- C. A joint-stock company
- D. A joint customer
|
