12th Class Statistics MCQS
What is meant by hypothecation
A receipt of loan which shows that money has been borrowed against an immovable property as a security
To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt
A type of security in which neither the ownership nor the possession passes to the bank
To hand over the documents of property by a customer until the repayment of debt
ATM is used to withdraw money from the
Other banks
Branch of bank in which we have the account
All of them
Any branch of concerned bank
Which of the following cannot open account in a bank
Lunatic or mental patient
Pargah-nasheen women
Minor or infant
Non-trading concern
What is the status of an account if opened by a government institution
A non-trading concern
An individual
A joint-stock company
A joint customer
Which of the following is an order of payment by one post office for another post office
Both a and b
Money order
None of these
Postal order
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