How to Convert Crypto to GBP in the UK (Fast & Low Fees)
Selling your crypto for GBP in the UK should be simple, but between slow banks and hidden fees, i…
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How bank deals with the partnership firm, joint account holders, trust and joint stock company or Discuss those measures which a banker should adopt while opening and operating the following accounts 1. joint stock company 2. partnership 3. joint account holders 4. trust
JOINT STOCK COMPANY :- It is an association of individuals for the purpose of profit. The mem…
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On which grounds a banker can terminate the payment of a cheque or Under what circumstances is a banker authorized to terminate the payment of cheque
On the following grounds a banker can terminate the payment of a cheque : 1. Countermand Of …
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What is foreign exchange currency account and discuss its main features
FOREIGN CURRENCY ACCOUNT :- The state bank has introduced various reforms to increase the for…
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What are those precautions which a banker should adopt before opening an account
Various precautions which must be observe by the banker before opening a new account are followin…
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Write a note on the 1. Current account 2. Saving account 3. Fixed account or Give the procedure of opening PLS, Current and Fixed account
CURRENT ACCOUNT :- It is a running account and remains continuously in operation. The current depo…
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What are the basic factors which determine the volume of credit
The credit and debt operations appear usually in economic and financial transactions. When the cr…
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What are precautions which a banker should keep in view before advancing the loan
No doubt the advancing of loan is also risk as well. If the loan is for a longer period the…
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Write note on bank draft ? What is the difference between draft and cheque
BANK DRAFT :- It is a written order by one branch of bank to another branch of the same bank …
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Write a note on credit instruments
There are numerous ways by which the credit can be extended. In some cases credit instruments …
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What is Gresham's law ? explain this statement Bad money drives good money out of circulation and Point out the different forms of its application and the conditions essential to its operations and also criticise on it
GRESHAM'S LAW :- Definition of Gresham's Law : " When bad money and good money …
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Describe the various kinds or types of credit
MEANING OF CREDIT :- When there are obligations to make payments at some future date the pers…
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Define cash reserve and give those factors which guide bankers to determine the size of cash reserve or How commercial banks reconcile liquidity of profitability
CASH RESERVE :- The liquid asset of bank is called cash reserve of bank. It is to be kept by the …
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