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Q. The following one is a negotiable instrument, negotiable by usage or custom

Q. In case collection of a bank draft the collecting banker is protected against conversion under _____ section of Negotiable Instruments Act 1881.

Q. It is a ----------------- obligation of a banker to honour the cheques of the customer drawn against current

Q. Hypothecation is a mode of security provided in

Q. The rate of interest charged for the loan by the banker compared to overdraft and cash credit is generally.

Q. When a financial institution sells a mortgage with recourse, the financial institution retains a credit risk liability in the event the buyer returns the mortgage.

Q. Mediation can be termed as assisted negotiation.

Q. As a fixed-rate mortgage nears maturity, the portion of the monthly mortgage payment that is applied to principal _________ while the amount that is applied to interest ___________.

Q. The bank can consider ------------------ lien as their protection against loss on loan or overdraft which was given to its customers.

Q. The endorsement on the cheque is fictitious and the collecting banker failed to check it the cheque is paid by the paying banker