The banker’s bank and lender of last resort is the

Related MCQs

• A legal document between a lender and a borrower whereby the later agrees to certain conditions for the repayment of the sum of money borrowed; is called:
• The order written by the drawer to a commercial bank or central bank to pay on demand a particular sum to a bearer is referred to as
• A non-negotiable order of a bank to a foreign bank authorizing payment to a person designated of a particular sum of money is known as:
• The statement of the wealth of a business organization or individual on a given date usually the last day of the fiscal year is termed as:
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• The account with a bank or other financial institution in which deposits earn interest and withdraws from which require notice is referred to as:
• The bank cheques are processed by using -
• Bank rate is the rate of interest -
• The ratio of a bank's cash holdings to its total deposit liabilities is called the -
• What is the role of "Ombudsman" in a bank?