| 1 |
The word credit has been derived from a latin word. |
- A. Credo
- B. Credere
- C. Creditor
- D. None of these
|
| 2 |
If the bank refuses to pay the amount of cheque. |
- A. Discounting
- B. Crossing
- C. Dishonoring
- D. None of these
|
| 3 |
Popular types of loan issued by the bank according to term are |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 4 |
What is meant by the principle of diversity regarding issuance of loan |
- A. Lending only to those who can repay the debt at short notice
- B. Lending against some material security
- C. Lending in terms of sure repayment
- D. Lending to different businesses or individuals
|
| 5 |
Security is a powerful tool that ensure the repayment of: |
- A. Deposit
- B. Debt
- C. Interest
- D. None of the above
|
| 6 |
Cheque consists of future date is called. |
- A. Out date
- B. Post dated
- C. Anti dated
- D. None of these
|
| 7 |
Two transverse parallel lines on the face of cheque. |
- A. Crossingof cheque
- B. Dishnoring of cheque
- C. Endorsed of cheque
- D. Retirementof cheque
|
| 8 |
What is meant by hypothecation |
- A. To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt
- B. To hand over the documents of property by a customer until the repayment of debt
- C. A type of security in which neither the ownership nor the possession passes to the bank
- D. A receipt of loan which shows that money has been borrowed against an immovable property as a security
|
| 9 |
Long term loan is advanced against the following security: |
- A. Non-material
- B. Material
- C. Personal
- D. All of the above
|
| 10 |
Bank should advance loans to those people who are strong |
- A. Financially
- B. Domestically
- C. Politically
- D. All the above
|
