Commercial banks deposits with the Central Bank help to?
increase loan prospects
control the supply of money credits
check bank frauds
increase bank customers
encourage rural banking services
Correct answer is B
No explanation has been provided for this answer.
Indent
Open indent
Closed indent
Export order
Import order
Correct answer is B
No explanation has been provided for this answer.
A cheque dated 5/8/91 was dishonoured because it was a?
Certified cheque
Marked cheque
Specially crossed cheque
Post-dated cheque
Stale cheque
Correct answer is D
No explanation has been provided for this answer.
Cash discount
Deferred discount
Trade discount
Quantity discount
Cash on delivery
Correct answer is C
No explanation has been provided for this answer.
A cheque that is drawn in the name of a bank instead of the account holder's name is called?
Bank statement
Bill of exchange
Specially crossed cheque
Certified cheque
Bank draft
Correct answer is E
No explanation has been provided for this answer.