A. indemnity B. insurable interest C. proximate cause D. utmost good and favour Correct Answer: Option D - utmost good…
A. Consumers co-operative society B. producer co-operative society C. Co-operative wholesale society D. Retail Co-operative society E. Co-operative thrift and…
A. asset must be easily converted into cash B. value of the asset must be easily ascertained C. ownership of…
A. Accident insurance B. Public liability insurance C. Comprehensive insurance D. Endowment assurance E. Fidelity guarantee insurance Correct Answer: Option…
A. A large number of people face the same risk B. A Possibility of making profit out of an event…
A. credit transfer B. direct debt C. certified cheque D. bank draft Correct Answer: Option D - bank draft
A. retire the bill B. honour the bill C. discount the bill D. protest the bill E. withdraw the bill…
A. Commercial bank B. Savings bank C. Stock exchange D. Bureau de change E. Clearing house Correct Answer: Option C…
A. collateral B. securities C. wares D. participating preference shares E. cumulative preference shares Correct Answer: Option B - securities
A. Catalogue B. Delivery note C. Receipt D. Advice note E. Pro forma invoice Correct Answer: Option E - Pro…