HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

When a customer deposits some amount with a bank without giving full particulars of his account and bank retains the amount in sundries account, the relationship between the bank and customer is that of:

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Important Questions on Banking Law and Practice

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 11
Through an oversight, the bank credits a sum of Rs.2 lac to the current account of M/s Ram Lal Pvt Ltd, a joint-stock company. When the mistake is detected, the company goes in for liquidation. What is relationship between the bank and the company?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 12
For a loan to be raised in case of need, a person assigns his insurance policy in favour of the bank. The relationship will be of:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 13
In the case of collection of cheques and bills, the relationship of the banker with the customer is that of_____?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 14
When a banker is acting on the standing instructions of a customer to pay school of the customer's son, their relationship is of?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 15
When a banker allows an overdraft in a current account, the relationship is of a?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 1
A branch is visited by a police inspector with a letter from the police station in-charge in connection with the inspection of bank records relating to a particular account regarding which a case is under investigation?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 2
Officer in charge of a police station can issue a summons requiring a banker to produce any documents for investigation u/s 91 CrPC 1973?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 4 - Banking Law and Practice>TEST YOUR SELF>Q 3
What are the circumstances where bank is under obligation to disclose the affairs of customer's account?