N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 36: TEST YOUR SELF
N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Banking Law and Practice, Exercise 36: TEST YOUR SELF
Attempt the practice questions on Chapter 4: Banking Law and Practice, Exercise 36: 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 36: TEST YOUR SELF with Hints & Solutions
On the nomination form, the signatures of the account holder are to be attested by:
A nomination can be accepted in favour of which of the following:
On the death of an FD holder his nominee claims the payment before maturity, but the legal heirs oppose such payment:
Which of the following does not match with regard to provisions of Banking Regulation Act 1949, relating to nomination:
The legal status of a nominee is that of:
B had taken a loan against the FDR in his name. He makes a request for nomination in favour of his son S and also wants to add the name of his daughter D as a joint holder:
X had nominated Z for his fixed deposit account. After death of X, Z can:
(a) get loan against the FDR.
(b) get the FDR transferred in his name.
(c) get premature payment with or without consent of legal heirs.
(d) get premature payment without consent of legal heirs.
As per clarification given by RBI, in case of nomination, the thumb impression or signatures of the account holder:
