Negative lien means -
A) a declaration by a company not to encumber assets of the company without previous consent of banker
B) deposit of title deeds with the bank with an oral declaration to mark bank's lien
C) a lien letter execut
D) by the company authorising the bank to mark lien on its fixed deposit receipt
Correct Answer:
Verified
Q1: In terms of the N.I.Act, finder of
Q2: The charge created on a security of
Q3: Internet is the cheapest of all banking
Q4: Drawing power in an account means
A)limit sanctioned
B)value
Q5: Lien becomes time-barred three years after
A)the date
Q7: Letter of Probate means-
A)a letter attached with
Q8: Non-registration of a firm will affect in
Q9: Working Capital Gap means-
A)total current assets minus
Q10: …………… constitute the largest source of funds
Q11: Banker's lien is a type of security.
A)hypothecated
B)mortgaged
C)impli
D)pledge
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