Question # 1

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

Rate of interest in case of fixed deposit is

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Low

High

Both

None of the above

Customer can withdraw money only after the expiry of fixed time

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From saving account

From current account

From fixed deposit

From all the above

A customer places his valuables with thebank for safe custody is called.

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Debtor

Bailor

Bailee

Creditor

Why does it necessary for a customer t sign the specimen signature card

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To match with the signatures when cheque is presented for payment

To make exercise of signatures

To complete documentary requirements

To obtain new cheque book

Adjusting a debit balance against a credit balance by the bank is called.

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Balancing

Adjustment

Setting off

All these

It is the right of a customer to.

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Draw cheque

Receive pass book

Receive cheque book

All these

A form of written agreement between the customer and his bank is.

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Cheque book

Bank Statement

A/c opening form

Pass book

The person who is committed to manager the property of other.

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Trustee

Bailee

Morggagee

None of these

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

Which of the following accounts is non-transferable

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Saving account

Fixed deposit account

Current account

None of the above

Maintenance of minimum balance is not required in

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Current account

Basic banking account

Saving account

None of these

Who does get the benefit of opening an account in bank:

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Bank

Account holder

Government

All of the above

the nature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

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