Disha Expert Team Solutions for Chapter: Financial Awareness, Exercise 2: PRACTICE EXERCISE

When banks make advances to limited companies against their assets, the required forms are to be presented to the Registrar companies within _____ from the date of execution.

Which of the following is the correct definition of the term commercial papers?

I. It is nothing but the popular name of the judicial stamp papers used to register financial transactions.

II. It is one of the instruments through which corporate raise debt from the market.

III. It is the name of the 'Certificate of Deposits' provided by the bank to its retail customers.

Select the correct answer using the codes given below:

Which of the following means of lending is considered as a priority sector loan?

Which of the following does not qualify as priority sector lending?

Which of the following would be treated as an unsecured loan?

The rate of interest banks charge its main/major and prime customers is popularly called as:

The Industrial Finance Corporation of India provides loans to:

When a bank grants a loan for the purchase of white goods, it is called _____.