Financial Literacy and Financial Services Survey 2011

Bosnia and Herzegovina, 2011

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WBG_BIH_2011_FLFS_v01_M

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May 19, 2021

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May 19, 2021

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P32. Which of the following statements correctly describes the role of a promisso (P32)

Data file: World_Bank_BIH_FinLit_Survey

Overview

Valid: 1036

Invalid: 0

Type: Discrete

Decimal: 0

Start: 225

End: 225

Width: 1

Range: 1 - 9

Format: Numeric

Questions and instructions

Literal question

Which of the following statements correctly describes the role of a promissory note as a loan guarantee instrument?
1 - A promissory note allows the bank to collect its claims by selling all debtor's assets if necessary
2 - A promissory note allows the bank to collect its claims only from current revenues
9 - Don't know (DON'T READ)

Categories

Value	Category	Cases
1	A promissory note allows the bank to collect its claims ...	457	44.1%
2	A promissory note allows the bank to collect its claims ...	464	44.8%
8	Don’t know	0	0%
9		115	11.1%

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

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