| 1 |
Cheque consists of future date is called. |
- A. Out date
- B. Post dated
- C. Anti dated
- D. None of these
|
| 2 |
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
|
| 3 |
Who does accept the responsibility for repayment debt |
- A. Guarantor
- B. Personal security
- C. Both a and b
- D. None of the these
|
| 4 |
Which things can be accepted by bank as security at the time of granting loan |
- A. Gold and silver
- B. Property
- C. Shares and debentures of company
- D. All the above
|
| 5 |
The types of credit instrument are. |
- A. Four
- B. Two
- C. three
- D. None of these
|
| 6 |
Security is a powerful tool that ensure the repayment of: |
- A. Deposit
- B. Debt
- C. Interest
- D. None of the above
|
| 7 |
The person in who's favor a cheque is endorsed is called. |
- A. Endorser
- B. Debtor
- C. Endorsee
- D. None of these
|
| 8 |
Main uses of bank funds are |
- A. Advancing loans
- B. Direct investment
- C. Both a and b
- D. None of these
|
| 9 |
Alternation in cheque must be singed by. |
- A. Payee
- B. Debtor
- C. Drawer
- D. All of these
|
| 10 |
The document which reveals the ownership of goods kept on port: |
- A. Bill of lading
- B. Dock warrant
- C. Delivery order
- D. Railway receipt
|
