MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Under nomination rules under the Banking Regulation Act, for which of the following accounts the nomination cannot be accepted:

50% studentsanswered this correctly

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 13
Which of the following cannot be appointed a nominee:
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 14
Ram is having an FD and nominated Harish, On maturity, the term of the deposit is renewed. The nomination will_____.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 15
Which of the following statement is not correct?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 16
On the nomination form, the signatures of the account holder are to be attested by:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 17
A nomination can be accepted in favour of which of the following:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 18
On the death of an FD holder his nominee claims the payment before maturity, but the legal heirs oppose such payment:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 19
Which of the following does not match with regard to provisions of Banking Regulation Act 1949, relating to nomination:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 20
The legal status of a nominee is that of: