RPH Editorial Board Solutions for Chapter: Customers of Banks, Exercise 1: MULTIPLE CHOICE QUESTIONS
RPH Editorial Board General Knowledge/General Awareness Solutions for Exercise - RPH Editorial Board Solutions for Chapter: Customers of Banks, Exercise 1: MULTIPLE CHOICE QUESTIONS
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Questions from RPH Editorial Board Solutions for Chapter: Customers of Banks, Exercise 1: MULTIPLE CHOICE QUESTIONS with Hints & Solutions
A customer tenders a certain amount of money into his saving Bank Account without mentioning his account number. Bank also could not locate the same. In such a situation the amount had to be parked in the Sundry Deposits Accounts. In this case, the relationship between the bank and the customer is that of:

A student has got admission to a foreign university. From where can he/she exchange for foreign currency?

A joint account can be opened by the banker on receipt of application signed by:

A minor cannot:

A bank maintains an account in the names of A & B payable jointly. On the death of A, the balance in the account is payable to whom?

The interest and the principal amount of a loan not repaid by a customer in a bank, the bank consider such loan as:

Minimum age to open a SB account in own name is:

Replica of a bank account kept with customer is known as:
