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Practices of Banking
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Co-operative Banks have to maintain .......... percent of their net demand and time liabilities as cash reserve ratio :
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............ is a capital profit.
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Direct (Material +Labour+Expenses) is called
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Life Insurance premium of proprietor is added to _____ account :
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A bill of exchange is drawn by :
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Heavy advertisement is an example of ........ expenditure.
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Interest on capital is a _________ to the business
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One side errors will be rectified by giving ....... account.
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Goods taken from Business for personal use is debited to _______ a/c.
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Undistributed profit is a :
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_______ is not a current asset
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If delcredere commission is granted, bad debts are borne by :
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Method of depreciation is suitable for loose tools :
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Adjusting heads due to is a :
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Incomplete records are normally maintained by :
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Credit note is prepared by :
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Consignment a/c is a account
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Liability may or may not arise in future after happening of certain events ........ liability.
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Usually schulze's bank declare .......... rate of dividend.
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_________ is the amount given by Government which need not be repaid :
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Explanation of transactions with the help of documentary evidence is called :
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Trial Balance is a:
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Who can open crossed cheque?
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Days of Grace is generally allowed in the case of:
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All business transactions are firstly recorded in the :
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Medium term loans are given for a period of:
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NPA means:
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Liability of a Sole trader is:
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Limited Liability means that the liability of the members are :
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When the original voucher is lost the institution may produce copy of the same. This is called as
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Internal Check is ............
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The object of showing more profit than the actual one is
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Transactions from the day book is posted to a ledger called _________
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Example for Contingent Liability is..............
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Reserve for doubtful debts is
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The summary of defects is prepared in ________ parts.
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The Trading Account is prepared to ascertain the ____________
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Zero balance account is introduced in banks to ...................
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A Demand Draft is valid for a period of :
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The certificate issued by the Notary public on behalf of a dishonoured bill is known as..............
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Holder of a negotiable instrument defined in section _________ of NI Act.
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An endorsement is valid only if it is a :
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A banker is bound to honour customers cheque if it is presented with is :
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The term depletion is related with ........... Assets.
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Capital expenditure incurred when ............
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When cheque deposited into bank, dishonoured, the account debited is
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Indirect (Material+Labour+Expense) is called
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In a Co-operative balance sheet _________ appears liability side :
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............. is a capital profit.
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........ is a name sake assets.
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