| 1 |
Who does accept the responsibility for repayment debt |
- A. Guarantor
- B. Personal security
- C. Both a and b
- D. None of the these
|
| 2 |
The numebr of parties in a cheque are. |
- A. Two
- B. Five
- C. Four
- D. Three
|
| 3 |
Which of the following is a highly marketable security |
- A. Document of title to goods
- B. Shares and debentures
- C. Immovable property
- D. All the above
|
| 4 |
Negotiable credit instrument. |
- A. Control credit
- B. Stop credit
- C. Create credit
- D. None of these
|
| 5 |
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
|
| 6 |
The loan which can be demanded at any time are called |
- A. Short term loans
- B. Demand loans
- C. Overdraft
- D. All the above
|
| 7 |
Long term loan is advanced against the following security: |
- A. Non-material
- B. Material
- C. Personal
- D. All of the above
|
| 8 |
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
|
| 9 |
The word credit has been derived from a latin word. |
- A. Credo
- B. Credere
- C. Creditor
- D. None of these
|
| 10 |
The person in who's favor a cheque is endorsed is called. |
- A. Endorser
- B. Debtor
- C. Endorsee
- D. None of these
|
