MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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Reporting under KYC is to be made for cash transactions and suspicious transactions to Financial Intelligence Unit (FIU):

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Important Questions on Banking Law and Practice

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 32
If an account is opened for a low risk customers without proper due diligence, in what time the customer verification should be completed:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 33
If an account is opened under One Time Pin (OTP) based e-KYC process, its maximum balance can be:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 34
If an account is opened under One Time Pin (OTP) based on e-KYC process, maximum credit in the account in a financial year can be:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 1
The facility of nomination is permitted in accounts of individuals to facilitate the payment on death of the customer. These provisions contain in:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 2
The nomination facility under provisions of Banking Regulation Act in respect of which of the following transactions is not available?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3
In which of the following circumstances, there can be more than one nominee?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 4
A minor of 15 years is having an SB account and wants to make a nomination in favor of his sister. which of the following course of action is applicable?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 5
You receive information about the death of a depositor of your branch through his nominee, who comes to get the payment of the deposit. At that time, the legal heirs of the deceased also approach the bank for payment and hand over a copy of plaint, for a court case they propose to file, to get the succession certificate: