12th Class Statistics MCQS
Which of the following is useful in facilitating trade relation between the businessmen of different countries
Money order
Stock certificate
Letter of credit
Bank draft
What is the nature of credit instrument IOU
A monograph
A sonograph
A holograph
An autograph
Services provided by on line banking
All of them
Transfer of money
Withdrawal the money from bank
Depositing the money into the account
A form of written agreement between bank and customer is
Application form for opening account
Passbook
Cheque book
None of the above
When cheque is cashed then its main foil is given to:
Government
Bank
None of these
Customer
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
All of the above
Short term loan
Medium term loan
Long term loan
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Less cash reserve
More cash reserve
None of the above
Less margin rate
Who does get the benefit of opening an account in bank:
Account holder
Bank
Government
All of them
Person who receives the amount of cheque from bank is called:
Drawee
Endorsee
All of the above
Payee
When customer deposits his money in a bank, he becomes
Debtor
Creditor
None of the above
Mortgagee
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