N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 16: TEST YOUR SELF
N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 16: TEST YOUR SELF
Attempt the practice questions on Chapter 2: Loan Policy and Loan Documentation, Exercise 16: TEST YOUR SELF with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.
Questions from N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 16: TEST YOUR SELF with Hints & Solutions
As a pledgee, the bank has got the following rights, as per the Indian Contract Act:

Where the goods under pledge are in the possession of the bank and possession is demanded by the Govt. for recovery of tax:

A trust receipt is:

Hypothecation is defined in:

The bailee in case of pledge of goods is known as _____ under the provisions of Section 172 of the Indian Contract Act:

A bank sold shares pledged with it under an agreement that the bank can sell the shares without notice to the pledge. One of the High Courts held the sale invalid because:

On which of the following, the charge hypothecation cannot be created:

When a loan is given by a bank on the security of railway receipt (RR) or goods receipt (GA) issued by a transport company, which type of charge is created?
