| 1 |
Bank should advance loans to those people who are strong |
- A. Financially
- B. Domestically
- C. Politically
- D. All the above
|
| 2 |
The loan which is granted by by bank to account holder on temporary basis called |
- A. Cash credit
- B. Overdraft
- C. Demand loan
- D. None of the above
|
| 3 |
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
|
| 4 |
Long term loan period is consisted of: |
- A. Days
- B. Months
- C. Years
- D. All of the above
|
| 5 |
Cheque is a credit instrument. |
- A. Partial negotiable
- B. Negotiable
- C. Non negotiable
- D. None of these
|
| 6 |
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
|
| 7 |
The goods or items accepted as security for advancing loan should not be: |
- A. Durable
- B. Insured
- C. Under burden
- D. Liquid
|
| 8 |
Account payee only in the transverse parallel line. |
- A. Bearer cheque
- B. Special crossing
- C. General crossing
- D. None of these
|
| 9 |
The main sources of bank's fund are |
- A. Own capital
- B. Deposits
- C. Loan from other banks
- D. All the above
|
| 10 |
The numebr of parties in a cheque are. |
- A. Two
- B. Five
- C. Four
- D. Three
|
