EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

The no. of partners in a partnership firm should not exceed:

50% studentsanswered this correctly

Important Questions on Banking Law and Practice

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 30
Partnership is defined u/s 4 of the Indian Partnership Act and it can be formed in writing only.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 31
Your branch had granted a loan of Rs.10 lac to M/S Dinkar Industries on the guarantee of M/s Gavaskar Traders. Due to non-payment of the loan the bank recalled the loan from the guarantor firm which stated that it is not liable as the guarantee bond was signed by one of its partners without consent of other partners. From whom can the bank recover the loan:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 32
A sleeping partner asks the bank to stop operations in the account. Next day he comes to request that he gave the instructions by mistake:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 1
As, per the Companies Act, 2013, a minimum no. of directors in a public limited company is_____.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 2
A director of a company who operates a/c has been declared insolvent. The bank:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3
Which among the following is a necessary condition for declaring it a govt. company under the provisions of Companies Act 1956? 
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 4
The company has to sign loan documents or open a bank account or create an equitable mortgage or any other charge, in favour of the bank for the security of a loan, who will come to the bank to deposit the original title documents of the property on behalf of the company:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 5
In whose presence the common seal of the company should be affixed on the documents?