What is meant by the word Executor?

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 2

What is probate:

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3

Succession Certificate is applicable for deposits and lockers or safe deposit of articles:

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 4

You are approached by a person for opening an account in the name of an executor of a will. You require which of the following documents:

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 5

Probate and letter of administration issued by Distt Court is valid in the State and issued by the High Court is valid throughout India:

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 6

Where a person is missing for the last more than 7 years, the claimants of the estates of a missing person can approach a court for declaring the person as dead as per Section 108 of Indian Evidence Act:

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 7

An administrator is:

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 8

A person called Naresh expired 6 months back and according to his will, Mr. Kamal and Mr. Suneel are the executors of the will. They want to open a bank account. What will be the style of the account, which the bank would permit to be opened?

EASY

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 9

Letter of Administration is issued in case of: