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Which of the following is also known as Bills of Exchange, Bank Bills, Trade Bills or Commercial Bill? a. Commercial Papers O b. Repurchase Agreements
Which of the following is also known as Bills of Exchange, Bank Bills, Trade Bills or Commercial Bill? a. Commercial Papers O b. Repurchase Agreements O c. Bankers Acceptance O d. Certificate of Deposits The purpose of issuing secured loan by the bank, is O a. To reduce the loan amount and time period O b. To sell the collateral in the event of non-refund of the loan O c. To have long standing relationship with customer O d. To increase interest on loans by the banks
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