Question 11 Identify the secondary service provided by the banks with regard to issue of Answer saved Marked out of shares and debentures 1.00 Flag question Underwriting of capital issues None of these Question 12 Joe discounted a bill o ank, and bank Not yet Underwriting of loans and advances answered ks of the bank? charged a discount of Marked out of Underwriting of corporate customers 1.00 P Flag question Question 15 Unexpired discount is Answer saved Marked out of 1.00 P Flag question Outstanding discount Unearned discount Question 16 Rebate on bills discounted Number of parties in Answer saved Marked out of 1.00 Prepaid discount P Flag Gletion Question 16 Number of parties involved in a letter of credit is Answer saved Marked out of 1.00 P Flag question 4 3 Question 17 2 The balance found in the revenue account of life is Not yet answered considered as: None of these Marked out of 1.00 Question 17 The balance found in the revenue account of life insurance companies is Not yet answered considered as Marked out of 1.00 P Flag question Life assurance fund Gross profit/loss Question 18 Calculate the Net profit/loss Not yet d the operating expenses from the giver answered information. Marked out of 3.00 Surplus/deficit