12th Class Statistics MCQS
In case of inflation in the country, the rate of margin is:
Increased
All of the above
Reduced
Waived
If the quatity of money in circulation increases then this situation is called:
Inflation
Money market
Deflation
All of the above
The loans on which high rate of interest is charged :
Demand loans
Medium term loans
Long term loans
Short term loans
Which letter of credit is automatically renewed by fulfilling certain conditions
Documentary
Revolving
Fixed
Confirmed
Long term loan period is consisted of:
Days
All of the above
Months
Years
Who does accept the responsibility for repayment debt
Both a and b
Guarantor
None of the these
Personal security
The document by which the people are invited to buy the shares of bank is called
Certificate of incorporation
Prospectus of bank
Memorandum of bank
Articles of bank
Which is appointed by govt. to certify the negotiable instrument:
Notary public
Giazetted Officer
Public attorney
Private attorney
According to Sir John Paget, a bank is an institution which :
Accepts the deposits of general public
Advances loan
Honours the cheques
All of them
The external value of local currency is stablized through:
Monetary policy
Increase in prices
All of the above
Trade policy
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