N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 28: TEST YOUR SELF

Author:N. S. Toor

N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 28: TEST YOUR SELF

Attempt the practice questions on Chapter 4: Banking Law and Practice, Exercise 28: TEST YOUR SELF with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.

Questions from N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 28: TEST YOUR SELF with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 1

Sh. Des Raj a blind person approaches Meerut branch of Commercial Bank for opening a current account as he is engaged as a commission agent in the fruit business. The bank, however, refuses to open the current account giving the reason that such accounts are not permitted in the light of practical difficulties involved in the operation of the account:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 2

While making the payment to a blind person, the payment:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3

Ravi and Sunder want to open a joint SF account and Ravi is illiterate. Then, which of the following course of action is applicable?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 4

Gurudeva, an illiterate customer in your branch, who is maintaining a savings account, requests you permit him to authorise his friend Bhisham to operate his account: