Banking and Insurance Trivia
Difficulty Level: Medium
10 Questions
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Popular Questions InBanking and Insurance Trivia
1
When the fixed loan comes near to its maturity, the interest amount on the loan _____
2
The standard rate at which RBI is prepared to buy or rediscount bills of exchange or other eligible commercial paper from other Banks is called.
3
Generally, an asset that has remained below standard for up to 12 months is known as
4
Cheque is always drawn on
5
A negotiable instrument can be negotiated
6
The maker of a bill of exchange is called _______and the person directed to pay is______
7
Advance limit against ______are considered secured because documents of title of goods are generally with such bills.
8
Which of the following is not an Advantage of overdraft?
9
_____ Interest rate varies with market conditions.
10
In a mortgage. Which fee is not paid by borrower?