Lakshya Education MCQs

Question: What is the relationship between a bank and customer when a locker is rented out by a bank to a person :
Options:
A.Bailor and Bailee
B.Bailee and Bailor
C.Principal and Agent
D.Lessee and Lessor
Answer: Option D

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More Questions on This Topic :

Question 1. World Photography day is observed on :
  1.    17th August
  2.    19th August
  3.    20th August
  4.    22nd August
Answer: Option B
Question 2. Non-bank entities must have net worth of at least how much to be eligible for operating white label ATMs :
  1.    Rs. 100 cr.
  2.    Rs. 200 cr.
  3.    Rs. 300 cr.
  4.    Rs. 400 cr.
Answer: Option A
Question 3. Which of these should be practiced when using a credit card?
  1.    Pay only the minimum balance since it is allowed
  2.    Throw away the receipt signed by you immediately after receiving from the cashier
  3.    Memories your PIN number and do not leave your PIN number in your wallet
  4.    Maintain as many cards as possible for convenience
Answer: Option C
Question 4. When the government tries to meet the gap of public expenditure and public revenue through borrowing from the banking system, it is called as :
  1.    Credit Financing.
  2.    Debt Financing
  3.    Deficit Financing.
  4.    Internal Debt.
Answer: Option C
Question 5. The sensitive Index of National Stock Exchange of India is popularly known as-
  1.    Sensex
  2.    CRIS
  3.    Nifty
  4.    CSE
Answer: Option C
Question 6. Slogan of poverty Abolition was given in which Five Year Plan?
  1.    First five year plan
  2.    Second five year plan
  3.    Third five year plan
  4.    Fifth fiver year plan
Answer: Option D

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