6. banking service used for periodic payments towards utility bills and insurance services
direct debit facility
Standing Order
Locker facility
Swift
7. Maximum loan period for personal loan
24 M
48 M
36 M
12 M
8. difference between standing order and direct debit facility
standing order is outside the bank / Direct is within the bank
standing order is within the bank / Direct is outside the bank
9. maximum loan period for auto loan
54 M
48 M
60 M
24 M
10. the stage where the loan is monitored regularly
sales
collections
credit monitoring
credit administration
11. consumers will be able to make a regular, automatic payments from their bank account towards fixed mortgages, credit card payment and personal loans
collection services
locker facility
Direct Debit Facility
standing order
12. Insurance that can be used for retired planning
Health Insurance
Life insurance
Personal Accident Insurance
General Insurance
13. Account where a cheque book is issued
Target Deposits
Savings account
Current account
Call Deposit
14. which is NOT canon of good lending
conditions
capital
cost
character
15. Limited deposits and unlimited withdrawals are allowed
Target Deposit
Current Account
Savings Account
Fixed Deposit
16. riskiest investment fund
Balanced Fund
Money market funds
Income fund
Bond funds
17. in canon of good lending capacity means ability to provide equity
False
True
18. Life insurance policy that can be insured to the age of 100
Whole Life
Term Life
Endowment
19. Unlimited deposits and unlimited withdraws are allowed
Fixed deposit
Target Deposit
Current Account
Call Deposit
20. investments where funds are equally distributed between bonds and equity
