Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque
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B. Multi-city Cheque Explanation: A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. These are issued as Order Cheque.
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A cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder‟s signature is known as ___________ A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Crossed Cheque

Description : A cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder‟s signature is known as ___________ A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Crossed Cheque

Last Answer : A. Travellers cheque Explanation: Traveller‘s cheque is a medium of exchange that can be used in place of hard currency. Traveller‘s cheques are often used by individuals travelling on vacation to foreign countries.

________ is a cheque rather an amount of cheque, which is above the balance available in the account of the payer. A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Over Draft

Description : ________ is a cheque rather an amount of cheque, which is above the balance available in the account of the payer. A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Over Draft

Last Answer : D. Over Draft Explanation: An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it.

Which of the following is not a type of cheque issued by an individual? A. Bearer Cheque B. Crossed Cheque C. Order Cheque D. Savings Cheque

Description : Which of the following is not a type of cheque issued by an individual? A. Bearer Cheque B. Crossed Cheque C. Order Cheque D. Savings Cheque

Last Answer : D. Savings Cheque Explanation: An order cheque can be a bearer cheque if the words or bearer are not cancelled out.A crossed cheque is a cheque that has been marked to specify an instruction about the way it is to be redeemed.

_______ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque. A. Crossed Cheque B. Open Cheque C. General Crossing D. Restrictive Crossing E. None of the Above

Description : _______ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque. A. Crossed Cheque B. Open Cheque C. General Crossing D. Restrictive Crossing E. None of the Above

Last Answer : B. Open Cheque Explanation: An open cheque is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

The safest form of Crossed Cheque is _____ A. Double Crossing B. General Crossing C. Special Crossing D. Account payee crossing E. None of the Above

Description : The safest form of Crossed Cheque is _____ A. Double Crossing B. General Crossing C. Special Crossing D. Account payee crossing E. None of the Above

Last Answer : D. Account payee crossing Explanation: In Account payee crossing the amount will not be paid to anybody over the counter. It will be credited to the account of the payee only. Thus account payee crossing ensures safe transfer of funds.

When a customer deposits cheque to a bank, the bank is a(n) A. Drawer B. Agent C. Principal D. Drawee E. Bailee

Description : When a customer deposits cheque to a bank, the bank is a(n) A. Drawer B. Agent C. Principal D. Drawee E. Bailee

Last Answer : B. Agent Explanation: When a customer deposits cheque to a bank then that particular bank acts as an agent for the customer. Collection occurs when the drawee bank (the bank ordered by the cheques ... of the drawer (its customer who has written the cheque) and presents it to the collecting bank.

Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash

Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash

Last Answer : (a) Cheque

A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Description : A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Last Answer : d. Banker’s Cheque/Pay Order

What do you mean by crossed cheque?

Description : What do you mean by crossed cheque?

Last Answer : What do you mean by crossed cheque?

The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C

Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C

Last Answer : d) Either B or C

When a cheque bears across its face an addition of the name of a banker, either with or without the words not negotiable, the cheque is considered to have been crossed A. Specially B. Generally C. Normally D. Either a or b or c

Description : When a cheque bears across its face an addition of the name of a banker, either with or without the words not negotiable, the cheque is considered to have been crossed A. Specially B. Generally C. Normally D. Either a or b or c

Last Answer : A. Specially

A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an accounting firm made up of three non-CPA practitioners. c. Issued an unqualified opinion on the 2006 financial statements when fees for the 2005 audit were unpaid. d. Purchased a bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period

Description : A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an ... bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period

Last Answer : Issued an unqualified opinion on the 2006 financial statements when fees for the 2005 audit were unpaid

A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an accounting firm made up of three non-CPA practitioners. c. Issued an unqualified opinion on the 2010 financial statements when fees for the 2009 audit were unpaid. d. Purchased a bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period.

Description : A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an accounting ... firm's practice of monthly write-ups for a percentage of fees received over a three-year period.

Last Answer : Issued an unqualified opinion on the 2010 financial statements when fees for the 2009 audit were unpaid

What is the maximum period upto which a proclamation issued by the President under Article 356 of the Constitution and approved/extended by the Parliament may, normally, remain in force? (1) Six months (2) One year (3) Two years (4) Unit is repealed by the Parliament

Description : What is the maximum period upto which a proclamation issued by the President under Article 356 of the Constitution and approved/extended by the Parliament may, normally, remain in force? (1) Six months (2) One year (3) Two years (4) Unit is repealed by the Parliament

Last Answer : (2) One year Explanation: President's rule is enabled by Article 356 of the Constitution of India, which gives authority to impose central rule if there has been failure of the constitutional machinery ... it can be done by a constitutional amendment, as has happened in Punjab and Jammu and Kashmir.

Which term refers closure of the loan account prior to the tenure fixed for the account? A. Pre Approved B. Pre Closure C. Personal Disposable D. None of the Above

Description : Which term refers closure of the loan account prior to the tenure fixed for the account? A. Pre Approved B. Pre Closure C. Personal Disposable D. None of the Above

Last Answer : B. Pre Closure Explanation: Prepayment or pre-closure of a loan implies to the early repayment of a loan, in part or in full. Prepayment is done to reduce the tenure of the loan as well as the interest.

In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv

Description : In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv 

Last Answer : b. i, ii, iii 

Form No C P W A -52 is used for A Register of certificate b. Register of Cheque Book c. Register of issued cheque

Description : Form No C P W A -52 is used for A Register of certificate b. Register of Cheque Book c. Register of issued cheque

Last Answer : b. Register of Cheque Book

When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________ A. Consortium B. Syndication C. Multiple Banking D. Participation

Description : When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________ A. Consortium B. Syndication C. Multiple Banking D. Participation

Last Answer : A. Consortium Explanation: A banking syndicate formed by multiple banks, often from different countries, for the singular purpose of financing a specific project that is too large for any individual ... in the risk and the profits. Upon completion of the project the consortium bank is disbanded.

With reference to a cheque which of the following is the „drawee bank‟ ? A. The bank that collects the cheque B. The payee‘s bank C. The endorser‘s bank D. The bank upon which the cheque is drawn

Description : With reference to a cheque which of the following is the „drawee bank‟ ? A. The bank that collects the cheque B. The payee‘s bank C. The endorser‘s bank D. The bank upon which the cheque is drawn

Last Answer : D. The bank upon which the cheque is drawn Explanation: Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. A typical example is if you are cashing a paycheck.

On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above

Description : On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above

Last Answer : C. Special Crossing Explanation: When a particular bank s name is written in between the two parallel lines the cheque is said to be specially crossed.The effect of special crossing is that ... is written in the crossing. Specially crossed cheques are more safe than a generally crossed cheques.

he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Description : he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Last Answer : ANSWER: C

he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Description : he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Last Answer : ANSWER: C

he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Description : he crossed the breadth of the Eastern Hemisphere, visited territories equivalent to about 44 modern countries, and put behind him a total distance of approximately 73000 miles: he was world's greatest traveler of Pre-modern times A. Megasthenes B. Fahien C. Marco Polo D. Ibn-e-Batuta

Last Answer : ANSWER: C

Which of the following approved $201.50 million for Technical Education Quality Improvement Project in India? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Description : Which of the following approved $201.50 million for Technical Education Quality Improvement Project in India? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : A) World Bank Explanation: United States based World Bank‘s Board of Executive Directors has approved $201.50 million for Technical Education Quality Improvement Project III in India

Which of the following approved $63 million for Tejaswini Project in Jharkhand? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Description : Which of the following approved $63 million for Tejaswini Project in Jharkhand? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : A) World Bank Explanation: The World Bank Board has approved the 63 million US dollar for Tejaswini project that paves the way for Socioeconomic Empowerment of Adolescent Girls and Young Women in Jharkhand.

Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Description : Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : B) Asian Development Bank Explanation: Asian Development Bank accorded $500 million to build bridge over India‘s longest river bridge which is in Bihar having distance of 9.8 km road.

The China-led Asian Infrastructure Investment Bank (AIIB) approved its first set of loans amounting to $ 509 million to four countries. Which of the following Is not among these 4 countries? A) Bangladesh B) Indonesia C) Pakistan D) Nepal E) Tajikistan

Description : The China-led Asian Infrastructure Investment Bank (AIIB) approved its first set of loans amounting to $ 509 million to four countries. Which of the following Is not among these 4 countries? A) Bangladesh B) Indonesia C) Pakistan D) Nepal E) Tajikistan

Last Answer : D) Nepal Explanation: AIIB headquartered in Beijing, China, has given loan to finance projects in four countries viz. Bangladesh, Pakistan, Indonesia and Tajikistan.

Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Description : Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : B) Asian Development Bank Explanation: Asian Development Bank accorded $500 million to build bridge over India‘s longest river bridge which is in Bihar having distance of 9.8 km road.

Two men and two women, all carrying loaded shotguns, drove to a field where they planned to shoot as many birds as possible. The four had absolutely no desire to eat any of the birds they were planning to shoot, and they brought no dogs to retrieve any they happened to hit. Each of the four people in turn would loudly shout a one-word command, and when a bird would fly out in front of them, they would shoot to destroy it. When they were finished, the bodies of 99 birds lay mutilated in the field, as only one bird had escaped their deadly shooting skills. The two men and two women cheerfully exchanged high-fives, and congratulated each other on their excellent hour of destruction. Several onlookers, who happened to witness the onslaught, gave the four a loud round of applause for the entert

Description : Two men and two women, all carrying loaded shotguns, drove to a field where they planned to shoot as many birds as possible. The four had absolutely no desire to eat any of the birds they were ... who happened to witness the onslaught, gave the four a loud round of applause for the entert -Riddles

Last Answer : The birds the four were shooting at were pigeons ——— clay pigeons. The four were at a public shooting range, and when each of them yelled “pull”, a clay pigeon was catapulted into the air for their target practice.

If the original passbook of depositor of PPF account is lost or mutilated or damaged, He/she should be required pay Rs _____ a) 10/- b) 20/- c) 1/- d) Free

Description : If the original passbook of depositor of PPF account is lost or mutilated or damaged, He/she should be required pay Rs _____ a) 10/- b) 20/- c) 1/- d) Free

Last Answer : c) 1/

How often does a pre-approved mortgage loan not happen?

Description : How often does a pre-approved mortgage loan not happen?

Last Answer : As long as the documentation you provide matches the information you provided to obtain the pre-approval the loan should go through fairly easily. Your best bet to keep things moving and ensure a ... all of your documentation is in line, it should go right through! Good luck and congratulations!

Now that I have been approved for a fair rating credit card, why am I receiving all these pre approved offers?

Description : Now that I have been approved for a fair rating credit card, why am I receiving all these pre approved offers?

Last Answer : answer:Pre-approved does not actually mean you are pre-approved. Be sure to read the fine print on all the junk mail you are receiving. Credit card companies are like vultures and want you under thier umbrella for all the money they can extract from you. Do not play their game.

Is it better to apply for credit card through pre approved or if you apply on your own?

Description : Is it better to apply for credit card through pre approved or if you apply on your own?

Last Answer : answer:RED ALERT It is a marketing scam. Nothing more. You will still have to go through an approval process and if not approved. A negative on your credit report. Not to say that the credit company that sent you ... point If you don't need a card, don't get one. You will be better off without one.

A significant weakness of the multi-domestic arrangement is: a) dual reporting system. b) duplication of activities. c) cumbersome structure. d) does not respond to local needs

Description : A significant weakness of the multi-domestic arrangement is: a) dual reporting system. b) duplication of activities. c) cumbersome structure. d) does not respond to local needs

Last Answer : duplication of activities

A type rating is applicable to: a. An aircraft requiring a Certificate of Airworthiness b. An aircraft with a Certificate of Airworthiness issued by the State c. An aircraft that requires multi-pilot operation d. An aircraft that requires additional skills training

Description : A type rating is applicable to: a. An aircraft requiring a Certificate of Airworthiness b. An aircraft with a Certificate of Airworthiness issued by the State c. An aircraft that requires multi-pilot operation d. An aircraft that requires additional skills training

Last Answer : c. An aircraft that requires multi-pilot operation

A type rating is applicable to: a. An aircraft requiring a Certificate of Airworthiness b. An aircraft with a Certificate of Airworthiness issued by the State c. An aircraft that requires multi-pilot operation d. An aircraft that requires additional skills training

Description : A type rating is applicable to: a. An aircraft requiring a Certificate of Airworthiness b. An aircraft with a Certificate of Airworthiness issued by the State c. An aircraft that requires multi-pilot operation d. An aircraft that requires additional skills training

Last Answer : c. An aircraft that requires multi-pilot operation

The BRICS New Development Bank has issued its first ______ denominated bonds. A) Uridashi B) Yuan C) Masala D) Rupee E) None of these

Description : The BRICS New Development Bank has issued its first ______ denominated bonds. A) Uridashi B) Yuan C) Masala D) Rupee E) None of these

Last Answer : B) Yuan Explanation: The New Development Bank (NDB) of the BRICS countries is set to issue its first yuandenominated bonds with plans to release more bonds in local currencies ... be issued after receiving a rating from international ratings agencies as well as getting authorities approval

Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Description : Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Last Answer : C. Demand Draft issued by a bank Explanation: A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as __________ A. Minimum Reserve System B. Proportional Reserve System C. Maximum Fiduciary Issue system D. Simple deposit system E. None of the Above

Description : The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as __________ A. Minimum Reserve ... Reserve System C. Maximum Fiduciary Issue system D. Simple deposit system E. None of the Above

Last Answer : A. Minimum Reserve System Explanation: The RBI follows a minimum reserve system in the note issue. Initially, it used to keep 40 per cent of gold reserves in its total assets.

Paper Money issued on the credit of a bank or government is called ______ A. Commodity Money B. Representative Money C. Fiat Money D. Fiduciary currency E. None of the Above

Description : Paper Money issued on the credit of a bank or government is called ______ A. Commodity Money B. Representative Money C. Fiat Money D. Fiduciary currency E. None of the Above

Last Answer : D. Fiduciary currency Explanation: Fiduciary Money that depends for its value on confidence that it is an accepted medium of exchange. It originated as a paper certificate that was a promise to pay a certain amount of gold or silver to the bearer.

Hippies, Travellers, Freaks, Punks, Peace Tramps, New Agers -- can you still be what you were then, now that you're older?

Description : Hippies, Travellers, Freaks, Punks, Peace Tramps, New Agers -- can you still be what you were then, now that you're older?

Last Answer : Sure, I'm one of the older hippie types that loved the idealism of the 60's and 70's but now that I am older I happily pass the torch. It's all about my inner peace now, can't save ... situation, my own little reality these days and few outsiders are allowed in. Just the way I like it. haha

Why did TSA allow travellers to carry their hockey sticks and golf clubs?

Description : Why did TSA allow travellers to carry their hockey sticks and golf clubs?

Last Answer : answer:The head of the agency claimed that the real threat is from plastic and liquid explosives. He suggests that now that the cockpit doors are reinforced and locked, there's no need to ... to hostages unless the cabin door was opened, they would be the obvious first choice as captives.

Is this the way US Customs and Border Protection should treat Trusted Travellers from Canada?

Description : Is this the way US Customs and Border Protection should treat Trusted Travellers from Canada?

Last Answer : Where does your wife reside? I’m thinking ask her legislative people to look into it. This is so wrong.

Why haven't alternate-stream time travellers begun appearing?

Description : Why haven't alternate-stream time travellers begun appearing?

Last Answer : Ah, but they could be hiding among us in plain sight.

Do any of you know any Roma or Travellers ("gypsies") in the USA or elsewhere?

Description : Do any of you know any Roma or Travellers ("gypsies") in the USA or elsewhere?

Last Answer : I don’t but if any of you do, tell them I require their tears…. (thats from borat)

Two travellers spend from 12 o'clock to 6 o'clock walking along a level road, up a hill and back again. Their pace is 4 mph on the level, 3 mph uphill, and 6 mph downhill.How far do they walk and at what time do they reach the top of the hill? -Riddles

Description : Two travellers spend from 12 o'clock to 6 o'clock walking along a level road, up a hill and back again. Their pace is 4 mph on the level, 3 mph uphill, and 6 mph downhill.How far do they walk and at what time do they reach the top of the hill? -Riddles

Last Answer : 24 miles half past three.