Quiz on Banking and Insurance

A negotiable instrument can be negotiated

In India, the reasonable time for presentation to the bank in the case of cheques and drafts are ….months from date of issue

Advances against shares and mutual funds is provided __ of the market value

In case of personal loan, security taken by the Bank is

In a secured loan, Bank

A short-term loan is a loan which is repayable within

The person who is directed to pay in a Bill of exchange or Cheque is known as __

Crossing of the cheque can be cancelled by

Funded facilities are where a bank:

In a loan against shares. The shares are