Solve 2011 CBSE : Lending Operations question paper Set 1
1. What is Cash Credit ? Differentiate between Overdraft and Cash Credit. Give four points of distinction. 2+4=6
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2. The market value of a rented land in Delhi is Rs 2 crores. A loan of Rs 1.25 crores is being demanded. What would you do ? Explain your decision by giving three points. 5
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3. Define Bill of Exchange. To what extent and for what period would you sanction a loan on it ? 2+2+1=5
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4. Define Indemnity. With the help of two points differentiate between Guarantee and Indemnity. 2+3=5
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5. List three kinds of Bank Deposits and explain one of them. 2
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