Principles of Banking Icom Part 2 English Medium Online Test With Answers

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Principles of Banking Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 When goods are made available as security for a loan from bank. Hypothecation Mortagage None of these Both a and b
2 The document which reveals the ownership of goods kept on port. Bill of lading Dock warrant Railway recipt Deliery order
3 Overdraft is also knonw as. Cash Credit Running finace Cash finance All the above
4 The other name of cash credit is. Overdraft Cash finance Runnign finance None of these
5 The bank can cover the loan by selling out the. Capital Credit card Security None of these
6 The amount of loan should be less than. Value of security Market value Face value Hidden value
7 Teh value of security should be more than. Market value Cost value Amount of loan None of these
8 Margin means the difference between amount of loan and. Value of overdraft Market value Value of security None of these
9 Bank Should advance loan to only those who are storng. Domestically Socially Financially None of these
10 Example of marketble security are. Debentures Shares Postal order Both a and b
11 The parties involved in a gurantee are. Debtor Creditor Guarantor All these
12 Quality of good security includes. Easy salable Disputed Source of expense All these
13 the precautions while advancing loan by bank are. Safety of loan Durable security Liquidity All the above
14 Documents of title to goods includes. Dock warrant Bill of lading Delivery order All the above
15 Principle of advancing loan by bank are. Principle of income Principle of safety Principal of liquidity All the above
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