B. a specified future date A loan given by a bank is also known as 'credit'. The loan repayment amount exceeds their income . B. SBI. He issued 2 cheques towards repayment of the said loan as per the instalments due. ANSWER: B ProProfs Discussion Community - Ask questions, get answers. C. 180 days. Savings deposit A demand deposit provides the facility to withdraw the deposited money whenever needed. B. provide emergency loans of banks B. Madras B. not used for respective customers account. 43. 40. C. IOB. A. ‘A documentary credit is issued with the following requirement: “Full set clean on board bills of lading issued to order of the issuing bank, marked notify the issuing bank and freight prepaid.” The presented bills of lading comply fully with this requirement, but also indicate a further notify party: the applicant. 11. ANSWER: A Although divorced, McQuade is on very good terms with his ex-wife, and loves his teenage daughter Sally. The clean price is the price of a coupon bond that doesn't include any accrued interest between the coupon payments for the bond. D. secretary, Ministry of finance (Government of India). It would initially be implemented with community participation in Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Uttar … IBPS PO; IBPS IT Officer; IBPS RRB PO; IBPS RRB Clerk; J&K Bank PO; J&K Bank Banking Associate; SSC CGL; … C. Drawee. The term used by a bank for the security it seeks against a loan is "collateral.". Shah. C. neither clean advance nor secured advance. D. Acceptor ANSWER: C D. Central government Interest is charged on the entire amount of loan. ANSWER: C 2021-01-03. 5. ANSWER: A The rate of interest is more on loans than on deposits. D. Electric Fund Transfer. A drawer can also be a _________. Poor people do not go to a bank for credit because the bank demands a collateral, which they cannot provide as they do not have it. A mortgage, as per section 58 of … Negotiable gives to the transferee _____. Modern currency has value because it is authorised by the government of a country. C. banker ANSWER: C A. NABARD Online Law MCQ Tests. A cheque dated subsequent to the date of its issue is ___________. Financial accounting MCQ 1. ANSWER: A A. Drawer. ANSWER: D C. governor of Reserve Bank of India A. a holder 39. Use the above-provided NCERT MCQ Questions for Class 10 Economics Chapter 3 Money and Credit with Answers Pdf free download and get a good grip on the fundamentals of real numbers topic. A pledge can be made in respect of _____. CBSE Class 10th Economics 3 - Money and Credit MCQs, https://shikshahouse.com/wp-content/uploads/2018/09/Logo-png-150x109.png, COPYRIGHT © 2018 - Shiksha House. (below) Click here to take a free test of MCQs of Class 10 Bholi from Footprints without Feet book.. Click here for notes, summary of Bholi . RBI grants for agricultural purposes _____. Housing Development Finance Corporation A. ANSWER: C Acid base Titration. D. worth cheque A. The rate at which RBI discounts approved bill of exchange is ___________. Reserve Bank of India. 1955 Maker. 9. D. PRECIPITATION TITRATION. A person is said to be in a debt trap when ____. Electronic Fund Transfer A. gold. Current Affairs MCQ Current Affairs MCQ is a significant segment of UPSC, Banking, SSC, and Railways tests, and wannabes who are planning for the impending tests in 2021 should be decidedly ready with this segment. A. 8. Management MCQ’s 1. Business firm Produce and supply wide varieties of goods and _____ required by the society. B. ANSWER: B Name the person to whom the amount of the cheque is payable? D. Acceptor. D. short, medium and long term finance B. not necessary to insert 25. A.It must be rapid and quantitative. B. medium and long term finance. A. Payee. D. Regional Bank of India National Electronic Fund Transfer. If two people have matching requirements, only then can goods be exchanged. B. right to retain. Where possible, we provide links and phone numbers for more information. 32. The lien is __________. C. short and medium-term finance only Expansion of HDFC ___________. Question asked by a Law Student Explain the difference between simple mortgage and mortgage by deposit of title deeds. This allows you to have a clean inference when browsing through your cards no matter how big your collection is. B. A. only short term finance. A. opening it. Procedure :-Dissolve 0.4 g of Al ammonium sulphate in 100 ml of water. 4. Scrupulously clean glass ware; Very accurate weighing; Co-precipitation. 47. B. an institution for meeting people. A. SBI. RBI refers to _________. E-Banking MCQ Questions and Answers Part – 1 E-Banking MCQ Questions and Answers Part – 2 E-Banking MCQ Questions and Answers Part – 3 1. B. The barter system was the mechanism for buying and selling in ancient times. ANSWER: A A. post dated cheque B. blank cheque C. crossed cheque D. account payee cheque ANSWER: A 2. However, both the cheques were returned back by the bank with the remarks “Insufficient funds”. C. 180days for clean loans and 240 days for secured loans D. 180days from close of evidence of both the sides E. 60 Days from date of receipt of application Ans A 9. ANSWER: A The credit rating system was created to help lenders control credit exposure. A person is said to be in a debt trap when the loan repayment amount exceeds their income. A. to bearer on demand 34. B. UTI 50. The remaining 85 per cent can be used for floating in the market to give loans. People try to earn some definite extra income by depositing money in banks. Interest. No. Primarily, multiple choice questions can have single select or multi select answer options. D. cash. C. SBI. A promissory note _____. A. 15. A. Canara bank ANSWER: D C. place, where persons can relax 1951 A. According to the directives of the Reserve Bank of India, a commercial bank has to hold in cash 15 per cent of its deposits for daily withdrawals by people. Postal life insurance scheme started in a) 01-02-1882 b) 01-02-1892 c) 01-02-1882 d) None of these Ans: c. 2. Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above … A) New Fiscal deficit policy B) IT parks initiated in Bangalore C) Globalization policy, liberalization was accepted by India D) Policies of cooperative societies changed 3. B. 27. What is the full form of FCCBs? B. C. know your cost. 1948 B. 31 October 2020 (CLICK HERE FOR PREVIOUS MONTHS MCQ ANS AND EXPLNATION PDF) (WhatsApp: 7428811251) Question: Which of the following statements … C. 1956 A. demand. Interest is payable only on the amount actually utilised by the borrower. 1) The accounting process involves in recording: A) Quantifiable economic event B) Non quantifiable economic event C) All of them D) None of them 2) In accounting an Economic event is referred to as: A) Cash B) Bank statement C) Transaction D) Exchange of money 3) Identify the correct sequence of accounting process A) … B. D. Indian bank 1947. C. Secured for worldwide inter bank financial telecommunication 362 14. ANSWER: C Always believe "The only good is knowledge and the only evil is ignorance - Socrates", Retail Management MCQ Questions and Answers Part – 3, Therapeutic Drugs MCQ Questions and Answers Part – 3, Therapeutic Drugs MCQ Questions and Answers Part – 2, Therapeutic Drugs MCQ Questions and Answers Part – 1. National industrial development corporation Ltd, was established in _____. D. indemnity bond is not necessary. Also do read the answers provided at the end . A. a bench for the keeping, lending and exchanging etc. B. no title Demand deposits are accepted widely as a means of payment, along with currency. The right of set – off is nothing but a ______. C. Nominal Electronic Fund Transfer. ANSWER: A The amount that a commercial bank has to be kep in cash for daily withdrawals is called the Cash Reserve Ratio (CRR). ANSWER: B D. 1964 People prefer to take loans from a bank because of the lower rate of interest over the long term. C. the last day of the grace. A. banking company C. Reserve bank of India 16. B. blank cheque 1948 D. operating it. ANSWER: A Post dated cheque 12. Who controls credit in India? Both (₹245 off) Important Law Q&A. C. crossed cheque ANSWER: B Research Design. 22. Who is primarily liable on a promissory note? B. A bill of exchange is drawn for a maximum period of ____. D. Indian bank. D. an institution for coordinating people What are the distinguishing features of debt as compared to equity? LIC was set up in _______. In a promissory note the words or order are ______. C. not necessary but it is usual to insert IFCI was established in _____. RTGS system works _________ days in a year ANSWER: D Revenue Bank of India. ANSWER: A An Asset Reconstruction Company is a specialized financial institution that buys the NPAs or bad assets from banks and financial institutions so that the latter can clean up their balance sheets. ANSWER: B A Cheque is always payable on _______. B. either on demand or after a fixed time The rate of interest charged by the bank in case of loan is lower than that of the cash credit and … What is the indenture? The Word Bank has been derived from a Latin word which means _______. C. Drawee. To give a further push to clean mobility in Road Transport Sector, the Department of Heavy Industries has sanctioned 2636 charging stations in 62 cities across 24 States/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme phase II. Are the documents of title not kept with the mortgagee in case of a simple mortgage? D. Real Towards Gross Settlement Students can also take a free test of the MCQs of Bholi.These MCQ Questions have been selected based on the latest exam pattern as announced by CBSE. What is Mortgage. 2. ANSWER: B C. exchange rate B. Allahabad bank. 13. A. 33. D, a chartered accountant in practice availed of a loan against his personal investments from a bank. D. 360 days. A. ANSWER: B A. M. Narasimhan. ANSWER: D 5 years ANSWER: A of money. ANSWER: A 18. Government of India Q&A have links in them so that you can read the topic in detail. D. Raj Foster Correct! 41. D. Housing Development Finance Community Which is a private bank? Real Time Gross Settlement. A. president of India Government Schemes in India are launched by the government to address the social and economic welfare of the citizens of this nation. A collecting banker is given the statutory protection only when he acts as ___. A. 21. D. Indian bank C. M. Venkat Ram 29. C. not used for loan The half of the fund of 6000 crore will be supported by a world bank loan of 3000 crore and the rest will be funded by central government. C. government bonds. A. clean advance MCQ ON POSTAL LIFE INSURANCE (PLI & RPLI) Monday, May 04, 2020. A. the same title Which Titration is known as the Argintometric titration? The current undertakings are made by our specialists for all serious tests UPSC, SSC, IAS, Railway-RRB, UPPSC, UKPSC, TNPSC, MPPSC, and Other State … Estimation du changement de règle (9000 hab) Estimation élaborée le 17 Janvier 2020, la règle a subi plusieurs modifications depuis mais donne idée de l'impact du changement En attendant les publications des données sur les élections municipales, je vous propose de découvrir l'impact du changement des règles pour les élections municipales 2020. Refer to the image above to see an example of how the tags are created. D. account payee cheque C. south Indian bank B. Payee. 2. Discounting of bills of exchange is ____. 44. IFCI has its registered office in _______. Tricky yet important law questions with answers to ensure that you do well in the legal field. (1) Foreign Currency Convertible Bonds (2) Foreign Convertible Credit Bonds (3) Financial Consortium and Credit Bureau (4) Future Credit and Currency Bureau (5) None of these Ans: 1 … ANSWER: A ICICI was incorporated in ______. Q10.A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for how many crop seasons? Management questions that are explained in … Law MCQ Tests: ₹750 seeks a... Schemes MCQ for RBI Grade Course 2020 ; RBI Grade Course 2020 RBI. Best suited deposit for trading Community is _____ needs double coincidence of was! Neither clean advance B. secured advance company ANSWER: D 5 of currency now. Banks ( 1988 ) Shiksha House borrower defaults on a promissory note a ; current Affairs Quiz Banking. D. 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System needs double coincidence of wants was eliminated by money … THESE MCQs will cover the Govt MCQ. To insert C. not used for loan ANSWER: B 21 point of view answers for government exams bank! India is the Mahatma Gandhi series derived from a bank is also what is a clean loan mcq also do read the to... Be able to recover a loan by taking a security against the loan advance C. clean! Account payee cheque ANSWER: B 21 … ] a bank is also known as terms of credit in to... Group ranges from 15 to 20 act, 1881 medium-term Finance only short. Sure that it will be able to recover a loan given by a bank.... The formal sector of credit or USING THESE questions on SOCIAL MEDIA, WEBSITE or in COACHING INSTITUTIONS or YOUTUBE... It is usual to insert C. not used for loan D. used for respective customers account industrial. People try to earn some definite extra income by depositing money in banks advance. D. better title D. better title ANSWER: a 6 order are.! 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