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Recent questions in Loan
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A Bank can sanction loan to a single party upto a maximum amount of
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Feb 26, 2022
in
Loan
by
sharadyadav1986
bank-sanction
loan
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1
answer
Provision for Bad debts is made out of
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Feb 26, 2022
in
Loan
by
sharadyadav1986
bad-debts
provisioning
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1
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Classified loans and advances mean:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
classified-loans
loans
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1
answer
Drawing power in a CC account is determined within sanctioned limit on the basis of
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Feb 26, 2022
in
Loan
by
sharadyadav1986
cc-account
drawing-power
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1
answer
Pledge is one of the methods of charging securities against loans and advances and is defined in:
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Feb 26, 2022
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Loan
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sharadyadav1986
pledge-method
charging-security
loans
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1
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Bank Credit includes all loans and advances (Cash Credit, Overdraft, PAD/LIM) and also bills purchased and discounted:
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Feb 26, 2022
in
Loan
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sharadyadav1986
bank-credit
credit-bank
0
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1
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Documentation is valid when it is:
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Feb 26, 2022
in
Loan
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sharadyadav1986
bank-document
document-validation
0
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1
answer
Advances are traditionally divided into following categories:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
bank-advance
loan
0
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1
answer
Principles of sound lending mean:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
lending-bank
lending-principle
loan
0
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1
answer
For recovery of stuck-up loans and Advances, Banks can take legal action under:
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Feb 26, 2022
in
Loan
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sharadyadav1986
loan-recovery
bank-legal
0
votes
1
answer
Pledge and Hypothecation relate to Movable property and Mortgage relates to Immovable property
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Feb 26, 2022
in
Loan
by
sharadyadav1986
loan-pledge
hypothecation
mortgage
0
votes
1
answer
Advances are of two types viz: “Secured” and “Unsecured”. The following advances are secured advances:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
loan-advance
advance-securities
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1
answer
The common modes of creation of charge over the securities against loans and advances are:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
securities-charges
loan
loan-securities
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1
answer
In case of ‘Cash Credit’ advance:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
cash-credit
loan
0
votes
1
answer
Banker’s right to cancel advance at any time with or without intimation is acknowledged by the borrower by signing:
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Feb 26, 2022
in
Loan
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sharadyadav1986
borrower-sign
loan
0
votes
1
answer
In case of working capital finance to a public limited company against hypothecation of raw materials, Bank always prefer to register the charges with registrar, Joint Stock Companies to:
asked
Feb 26, 2022
in
Loan
by
sharadyadav1986
capital-finance
loan
hypothecation
0
votes
1
answer
Pledge as a method of charging securities are defined in:
asked
Feb 26, 2022
in
Loan
by
sharadyadav1986
charging-securities
loan
0
votes
1
answer
Banks grant advances to the borrowers for purchase of vehicles against creation of the following charge:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
bank-grant
purchase-receipt
loan
0
votes
1
answer
In a contract of guarantee, there are three parties. They are:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
contract-guarantee
loan
0
votes
1
answer
One of the differences between cash credit and overdraft is:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
cash-credit
overdraft
loan
0
votes
1
answer
Letter of Continuity is taken in case of:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
letter-of-continuity
loan
0
votes
1
answer
Mr. White, a customer of your Branch approaches you for a loan facility against FDR for Tk. 50,000 of another Bank issued in his name. Will you accept it as security and give loan?
asked
Feb 26, 2022
in
Loan
by
sharadyadav1986
fdr
fixed-deposit
0
votes
1
answer
Can Public Limited Company give guarantee?
asked
Feb 26, 2022
in
Loan
by
sharadyadav1986
public-limited-company
bank-guarantee
0
votes
1
answer
Can a minor be sanctioned an overdraft secured by guarantee:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
bank-guarantee
loan
0
votes
1
answer
While giving loans against security of shares, one of the points a bank ensures that:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
security-share
loan
bank-receipt
0
votes
1
answer
Goods as security under Hypothecation can:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
security-goods
loan
0
votes
1
answer
Will you give loan against a Fixed Deposit Receipt jointly held by two persons with the instructions: payable to either or survivor?
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Feb 26, 2022
in
Loan
by
sharadyadav1986
fixed-deposit-receipt
fdr
0
votes
1
answer
Mortgage, a mode of charging security, has been defined in:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
motgage
charge-security
0
votes
1
answer
Contract Act-1872 has defined pledge as:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
contract-act-1872
loan
0
votes
1
answer
When a manufacturer wants to borrow money on the security of raw materials or stock-inprocess which are in the process of being manufactured into finished products, bank prefers:
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Feb 26, 2022
in
Loan
by
sharadyadav1986
security-money
stock-inprocess
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