1.The guarantor of a customer's account has the right to
inspect of a customer's account has the right
be provided with the statement of the account
be informed only about the extent of his liability
be provided with all the information about the way the account is conducted
2.The term "Balance of Trade" means
A point where the values of imports and exports are equal
The term is used with reference to bilateral trade agreements with the countries of CIS Block
the difference between the cost of the imports and exports of a country
the difference between the total of transactions with foreign countries in trade, services and capital
3.The term "bank money" is used to denote
loans and advances granted by the commercial banks
demand deposits used as money, i.e., deposits withdrawable by cheques
loans granted by the Reserve Bank of India to the commercial banks
money provided by the Reserve Bank of India to the Government
4."Multi - Currency basket" means
a number of international currencies to which the value of SDRs is linked
selected international currencies to which the value of Asian Monetary Unit is linked
number of major international currencies to which the external value of the Indian rupree is linked
the name given to a group of West European currencies
5.The term "hyper - inflation" is used to denote
a situation with a moderate rise in price livel
an inflationary situation where the external forces are the primary contributing factors
a "runway" or "galloping" inflationary situation where the monetary unit becomes almost worthless
a situation where the cost of living index is rising alarmingly
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