Q. What do we mean by “ECB” in financial terms?
✅ Correct Answer: (D)
External Commercial Borrowings
Banking and Finance 3 MCQs and Notes
Q. These days Banks are offering Loans against Property? Under which business segment, this activity may be categorized?
✅ Correct Answer: (D)
Portfolio Management services
Q. The liability of the mortgager is gradually reduced in the case of _______?
✅ Correct Answer: (C)
Usufructuary mortgage
Q. A charge where there is neither the transfer of ownership nor the possession is called ______?
✅ Correct Answer: (A)
Hypothecation
Q. An equitable mortgage can be created in respect of _______?
✅ Correct Answer: (B)
Real estate
Q. The most risky charge from a banker’s point of view is ______?
✅ Correct Answer: (B)
Hypothecation
Q. What is the minimum period of medium and long-term loans?
✅ Correct Answer: (B)
18 months
Q. Which of the following are covered under pledge?
✅ Correct Answer: (D)
All the above
Q. Pledge of advance is made against ______?
✅ Correct Answer: (B)
Commodities
Q. Which of the following is a borrowing facility/loan advance _____?
✅ Correct Answer: (A)
Term finance