Principles of Banking I Com Part 2 MCQS
The temples were used as banks in:
Italy
China
Rome
Greece
A person in whose favour the rights of bill are transferred is called
Endorsee
Payee
All of the above
Drawer
What is the status of an account if opened by a government institution
A joint customer
An individual
A joint-stock company
A non-trading concern
A developed or organized money market is always
Not elastic
Less elastic
More elastic
Elastic
Which bank account continues after the with drawal of total amount:
Fixed deposit
All of the above
Current saving
Saving account
For its customers a commercial bank sells and buys:
Securities
Property
Foreign exchange
All of the above
The first stage or step between importer and exporter for the purpose of sale and purchase is:
Issuing of L.C
Contract with bank
Agreement
Oath or undertaking
The transmission of following is stopped due to clearing house:
All of the above
Cash money
Metallic money
Credit money
When was the “Reserve Bank of India” established:
1935
1940
1925
1945
How many features of good money market
12
15
17
20
nr
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