N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 30: 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 30: TEST YOUR SELF

Attempt the practice questions on Chapter 4: Banking Law and Practice, Exercise 30: 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 30: TEST YOUR SELF with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

A sum of Rs. 20000 is lying in the account of a deceased customer and an attachment order has been received:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following statements is not correct:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

What is the amount of balance in a deceased depositor's account, where the bank, depending upon the circumstances, may ask for a legal representation such as succession certificate, letter of administration, probate:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

X & Y maintain a joint saving bank account but X had expired 2 months back. Bank has received a mail transfer in the name of X for credit thereof in this saving bank account. What the bank can do?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

A succession certificate is issued in respect of_____.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

The cases of deceased depositors where the claims have been received and are pending beyond the stipulated period are required to be reported to which of the following:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

The term intestate is used concerning which of the following:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following, does not match about payment of interest in case of deceased deposit account: