The type of cheque which can be encashed only by depositing is known as
Order Cheque
Bearer Cheque
Account Payee Cheque
Account Deposit Cheque
Correct Answer :
C. Account Payee Cheque
Related Questions
The type of cheque which can be encashed only by depositing is known as
Order Cheque
Bearer Cheque
Account Payee Cheque
Account Deposit Cheque
Cash credit is a non fund based advanced available from bank
True
False
A cheque that a bank has refused to encash is known as bounced cheque
True
False
PLR stand for
Prime Loan Revenue
Prime Loan Rate
Prime Lending Rate
Please Lower Rate
The assets created by the borrower from the credit facilities granted by the bank is known as
Primary Security
Collateral Security
Both of the above
None of the above
The income of the banking interest comes from
Deposit Received
Interest on Deposit
Interest on Loan
All of the above
The type of charge which is created on immovable property is known as
Pledge
Hypothication
Assignment
Mortgage
Public Sector Bank comprises of
SBI & it's subsidiaries
Nationalised Bank
All of the above
None of the above
RBI act as the of
Central Govt.
State Govt.
Nationalised Bank
All of the above
The open banking institution of India is
Central Bank of India
Reserve Bank of India
State Bank of India
SEBI
Business organisation can open savings bank account to deposit their surplus cash.
True
False
ATM stand for
Any Time Money
Automated Tellor Machine
Autometic Tellor Money
None of the above
L/C stand for
Low Credit
Letter of Credit
Loan Certificate
Letter of Cancellation