………..may be defined as an exposure to a transaction with loss ,which occurs with some probability and which can be expected, measured and minimised.

Related MCQs

• ………………..is a transaction where by money is borrowed by the debtor on the security of the movable property.
• The drawee banker of a demand draft has received intimation of the loss of the draft from the purchaser. The banker should
• When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds. The drawer is punishable with imprisonment which may extend to and or a fine.
• "Customer" is defined in -
• “Customer” is defined in ………….
• A mandate may continue to be operative even in the case of—
• A mandate may continue to be operative even in the case of……………….
• A minor can open and operate an account in his own name if he has atleast attained the age of
• The highest credit risk rating that can be awarded to any company by CRISIL is…..
• An order instrument can be made payable to the bearer by making