N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 14: TEST YOUR SELF

Banker customer relationship comes to an end under which of the following circumstances?

In which of the following circumstances, the relationship between the bank and customer is not correctly stated?

When a customer deposits some amount with a bank without giving full particulars of his account and bank retains the amount in sundries account, the relationship between the bank and customer is that of:

Through an oversight, the bank credits a sum of Rs.2 lac to the current account of M/s Ram Lal Pvt Ltd, a joint-stock company. When the mistake is detected, the company goes in for liquidation. What is relationship between the bank and the company?

For a loan to be raised in case of need, a person assigns his insurance policy in favour of the bank. The relationship will be of:

In the case of collection of cheques and bills, the relationship of the banker with the customer is that of_____?

When a banker is acting on the standing instructions of a customer to pay school of the customer's son, their relationship is of?

When a banker allows an overdraft in a current account, the relationship is of a?