A. To verify signature
B. To verify the person holding cheque
C. To sign one’s name upon the back of cheque
D. To sign one’s name upon the front of cheque
Related Mcqs:
- Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?
A. letter of Credit
B. Letter of expression
C. Demand draft
D. Letter of intent - A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?
A. demand
B. basic staple
C. product
D. service - An act of altering of a written or printed document with intentions of deceiving anyone is called________?
A. Fraud
B. Cheating
C. Forgery
D. Fraudulent - Term the sole legal right to print or publish anything that belongs to the author ?
A. property right
B. Sole right
C. Copyright
D. rights - The sole legal right to print or publish anything which belongs to the author or his assignees is called ?
A. Property right
B. Sole right
C. Copyright
D. Right - Credit (-) items in the balance of payments correspond to anything that ?
A. involves receipts from foreigners
B. involves payments to foreigners
C. increases the domestic money supply
D. decreases the demand for foreign exchange - Credit (+) items in the balance of payments correspond to anything that ?
A. involves receipts from foreigners
B. involves payments to foreigners
C. increases the domestic money supply
D. decreases the demand for foreign exchange - Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ?
A. idea
B. demand
C. product
D. service - Name the methodology by which members of the EMS maintain their currency exchange rates within an agreed upon range with respect to other member countries ?
A. Exchange Rate Mechanism (ERM)
B. Exchange Rate Equilibrium
C. Exchange Rate Balance
D. None of the above - Economic growth may depend upon _____ and _____?
A. Population size, x-efficiency
B. Population age distribution, education
C. Population growth technical progress
D. Population growth education
