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  • Question 1
    1 / -0

    The Lead Bank Scheme was introduced in the year _____________.

  • Question 2
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    Commercial paper are generally issued at a price ____________________.

  • Question 3
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    Secured creditors may be __________.

  • Question 4
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    A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop the payment. The bank will _______.

  • Question 5
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    Match the following items of List-I and List-II in terms of functions of commercial banks:

    List-IList-II
    (a) Letter of reference1. Advancing loans
    (b) Sale of gold coins2. Receiving deposits
    (c) Recurring Account3. Non-banking function
    (d) Overdrafts4. Agency function

  • Question 6
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    Funds are raised_____________.

  • Question 7
    1 / -0

    Which of the following are included under representation functions of a bank?
    (i) Payment of cheques and bills
    (ii) Providing remittance facilities
    (iii) Underwriting of securities
    (iv) Advancing clean credit
    (v) Allowing overdrafts on current account
    (vi) Purchase and sale of securities.

  • Question 8
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    In which of the following long term assets, cost indexation benefit is allowed?

  • Question 9
    1 / -0

    The debt can be _____________.

  • Question 10
    1 / -0

    The increase in profit return resulting from borrowing capital at a low rate and employing it in a business yielding at a higher rate ____________.

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