Question
A lends Rs 10 lakh to B for a year, After one year A’s
right to recover the money from B is a_____________________Solution
Right in personam gives the person rights against one person or party to the contract. It generally will correspond with a duty imposed on the said person or party. The Indian Contract Act grants rights in personam to the parties of a contract. So the parties of a contract have these contractual rights only against each other.
Which of the following is known as the ability to convert an investment into cash quickly and with little or no loss in value?
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
London Metal Exchange is owned by which one of the following?
Who is the chairman of the State Bank of India?
Which of the following can be a Pre-Paid Instrument (PPI)?
i. Smart Card
ii. Mobile Wallet
iii.Internet accounts
Which of the following is not a type of ‘Time Deposit’?
Escorts has signed MoU with ________ for tractor financing.
In which year the first Bank of India was established?
.________ is termed as a corporate or an individual borrower who despite having the capability to repay money does not cough up money.
Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
