| 1 |
The loans which are issued for the period of one to five year called |
- A. Demand loans
- B. Short term loans
- C. Medium term loans
- D. Long term loans
|
| 2 |
Security is a powerful tool that ensure the repayment of: |
- A. Deposit
- B. Debt
- C. Interest
- D. None of the above
|
| 3 |
Bank prefers to advance loan on such documents |
- A. Which are easy to keep
- B. Which are transferable
- C. Whose price can be determined easily
- D. All the above
|
| 4 |
Negotiable instruments are defined by Act. |
- A. 1881
- B. 1857
- C. 1694
- D. 1935
|
| 5 |
Bank should advance loans to those people who are strong |
- A. Financially
- B. Domestically
- C. Politically
- D. All the above
|
| 6 |
Who does accept the responsibility for repayment debt |
- A. Guarantor
- B. Personal security
- C. Both a and b
- D. None of the these
|
| 7 |
The goods or items accepted as security for advancing loan should not be: |
- A. Durable
- B. Insured
- C. Under burden
- D. Liquid
|
| 8 |
Long term loan is advanced against the following security: |
- A. Non-material
- B. Material
- C. Personal
- D. All of the above
|
| 9 |
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
|
| 10 |
The main sources of bank's fund are |
- A. Own capital
- B. Deposits
- C. Loan from other banks
- D. All the above
|
