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Practices of Banking
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The giving element in a transaction is called ___________
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The receiving element in a transaction is called _________
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_________ is one to whom money is owed
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__________ is one who owes money or something of value to another
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When the payment or receipt is postponed to a future date, it is called ________
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Checking of the accounts and posting to subsidiary books and other ledgers is called :
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Depreciation on Live stock is calculated under ............ method.
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Specific Reserve is created by :
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An item of Revenue Expenditure is posted to Personal Account. What kind of error is this?
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........... expenditure will never be a loss to the :
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Misappropriation of ......... is known as lapping.
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............... Voucher is produced when the original voucher is missing
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Checking the transfer of balance from the Ledger to the Trial Balance comes under the face of ............. in Auditing.
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The term “Due to" in Audit denotes ?
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Profit made from sale of Fixed assets should be kept as :
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In one of the following case insurance is not arranged by the bank :
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Introduction is not necessary in which of the following cases :
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Which of the following is applicable to Bankers lien?
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A cheque presented after three months is called ........
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In the case of safe custody of valuables the banker - customer relationship is :
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The person named in the cheque to receive money is
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The platform where communication technology and information technology are merged to suit core needs of banking is known as :
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With a view to bringing larger segment of excluded population with in the banking fold banks were advised to introduce a facility of :
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In a joint deposit account nomination facilities are available to :
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The limitation period of a mortgage is :
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Bills of exchange due or paid before maturity date, it is called :
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Assets which have no or resale value but are shown in the Balance sheet :
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Subscription received in advance is ________ a/c :
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Human resources cannot be recorded in the books of accounts. It is based on the .......... concept.
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Method of providing depreciation for live stock
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The expenses in connection with keeping of fixed assets in good condition
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The source document for preparing final accounts of Co-operatives institutions :
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Profit on sale of fixed assets is transferred to
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Credit sales for the period are ascertained by preparing :
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The excess of receipts over payments represents :
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Trial Balance consists of _________ accounts.
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Example of non operating expenses :
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In a joint stock company the Balance sheet is prepared
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Deposit balance as per pass book will shares a ......... balance.
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Outstanding expenses shown in the Trial Balance will enter in :
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Loan outstanding with members is shown as ________
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General Reserve is :
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Inventory is an example of .......... asset.
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One of the causes of depreciation is :
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When loans and advances are given the relationship of bank with customer is :
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Current Viability means :
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SERFAESI Act means securitization and __________ of financial assets and Enforcement of Security Interest Act.
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Asset liability management is a part of :
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Banker customer Relationship ends when :
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Average yield on working fund minus average cost of working fund is :
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