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  • Question 1
    1 / -0

    Select the option from the choices given below:
    ________ insurance is contract to cover risk of loss due to perils of the sea.

  • Question 2
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    Select the option from the choice given below:
    The principle of indemnity is not applicable to _____ insurance.

  • Question 3
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    No interest is paid by the bank in ______ account.

  • Question 4
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    There is no restriction on the withdrawals from ________ account.

  • Question 5
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    Stop payment letter is usually made to prevent the misuse of the cheque when the cheque is _______.

  • Question 6
    1 / -0

    Match the groups:

    Group 'A'Group 'B'
    (1)Lost cheque(a)Board of Directors
    (2)Fixed deposit account(b)Saving account
    (3)Cash credit(c)Investment
    (4)Appointment of bankers(d)Stop payment
    (5)Financial arrangement(e)Separate loan account
    (f)Higher rate of interest
    (g)Bank overdraft

  • Question 7
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    _________ account is suitable for salaried people.

  • Question 8
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    Withdrawals are not permitted from the ________ accounts.

  • Question 9
    1 / -0

    ___________ is used for depositing cheque and cash into a bank account.

  • Question 10
    1 / -0

    Bank is a ________ institution.

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