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A. to consult
B. to warn
C. to punish
D. to convince
The ————– rule is followed in appropriation of accounts if neither debtor nor creditors do not
makes any specific appropriation
A. Paget’s
B. Kinlay
C. Sheldon
D. Claytons
The idea behind the bankers right to set-off is to enable the banker to reduce the ———– amount due
to him from a customer
A. Gross
B. Net
C. Partial
D. None of the above
The bank can consider —————— lien as their protection against loss on loan or overdraft which was
given to its customers
A. Special
B. Particular
C. General
D. Lending.
The______are the shares on which the dividend accumulates if it remains unpaid for a particular year.
a. convertible preference shares
b. cumulative preference shares
c. participatory preference shares
d. preferred shares
In which of the following types of funds is the investment made exclusively in govt. securities?
a. Liquid funds
b. Gilt funds
c. Sector specific funds
d. Index funds