ASIBAS, Amity University

NAME: _______________ 1 2 3 4 5 6 7 8 SEM & SEC: __________ DATE: __________

9 10 11 12 13 14 15 16 17

18 19 20 21 22 23 24 25 26 27

28 29

30 31

Clayton's Rule relates to _________________ A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. A minor of _____ years can open Savings Bank Account Valid document available to the Bank for customer identification _______ The partnership firm must be registered True/False The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Attachment order is issued by ________ Order Nisi is issued by _________ Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Bank cannot discount bills for his customers True/False Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him A Minor cannot cannot become partner in a partnership firm for his benefits True/False When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Relationship between Banker and Customer in case of Safe Custody ______ Government companies are those companies where the government holds at least ____ % shares. Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these As on date Bank Rate is ________ Right of set off is exercisable where the relationship is of _______ A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Reserve Bank of India Act was enacted in the year _______ Monetary and Credit Policy is issued by _______ each year _____ times. Maximum number of shareholder in Pvt Ltd Company _____ The bank can disclose the customer information when information is demanded by his guarantor True/False Document which stipulates internal rules of company ________ Right to combine two accounts by bank is called _____ Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. The account is operated by _______ in Joint Hindu Family Account Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank What is the relationship between banker and a customer in case of safe custody of articles (a) bailer

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

32 33 34 35 36 37 38 39

40

and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor E banking service based on voice processing facility _____ In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Minimum number of directors in a Public Limited Company_____ In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act Minor is incompetent to enter into contract. So he cannot become endorsee True/False Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

1 2 3

4 5 6 7 8 9

10 11 12

13 14

15 16 17 18 19 20 21 22

23 24

25

What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor The bank can disclose the customer information when information is demanded by his guarantor True/False Bank cannot discount bills for his customers True/False Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Monetary and Credit Policy is issued by _______ each year _____ times. The account is operated by _______ in Joint Hindu Family Account Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act A Minor cannot cannot become partner in a partnership firm for his benefits True/False Minimum number of directors in a Public Limited Company_____ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Government companies are those companies where the government holds at least ____ % shares. Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him Right of set off is exercisable where the relationship is of _______ E banking service based on voice processing facility _____ Minor is incompetent to enter into contract. So he cannot become endorsee True/False Clayton's Rule relates to _________________ Order Nisi is issued by _________ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c)

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

26 27

28 29 30 31 32 33 34 35 36 37 38 39 40

the order is not applicable. (d) the bank will approach court in such a case. The partnership firm must be registered True/False A minor of _____ years can open Savings Bank Account Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Valid document available to the Bank for customer identification _______ Maximum number of shareholder in Pvt Ltd Company _____ Attachment order is issued by ________ A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act Reserve Bank of India Act was enacted in the year _______ As on date Bank Rate is ________ Relationship between Banker and Customer in case of Safe Custody ______ A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Document which stipulates internal rules of company ________ Right to combine two accounts by bank is called _____

ASIBAS, Amity University

NAME: _______________ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 SEM & SEC: __________ DATE: __________

21 22

23 24 25 26

27 28

29 30

A minor of _____ years can open Savings Bank Account Government companies are those companies where the government holds at least ____ % shares. The bank can disclose the customer information when information is demanded by his guarantor True/False A Minor cannot cannot become partner in a partnership firm for his benefits True/False Reserve Bank of India Act was enacted in the year _______ Minimum number of directors in a Public Limited Company_____ Maximum number of shareholder in Pvt Ltd Company _____ A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Bank cannot discount bills for his customers True/False In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Order Nisi is issued by _________ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him The partnership firm must be registered True/False When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ As on date Bank Rate is ________ Right to combine two accounts by bank is called _____ Monetary and Credit Policy is issued by _______ each year _____ times. Minor is incompetent to enter into contract. So he cannot become endorsee True/False Relationship between Banker and Customer in case of Safe Custody ______ The account is operated by _______ in Joint Hindu Family Account The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. E banking service based on voice processing facility _____ Attachment order is issued by ________ Clayton's Rule relates to _________________ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. In case of Safe Deposit Vault, the relationship between banker and customer is of

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

31

32 33 34

35 36

37 38 39 40

_____________ Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Right of set off is exercisable where the relationship is of _______ What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Valid document available to the Bank for customer identification _______ A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Document which stipulates internal rules of company ________

ASIBAS, Amity University

NAME: _______________ 1 2 3 4 SEM & SEC: __________ DATE: __________

5 6

10 11 12 13 14 15 16 17 18 19 20

21 22

23 24 25

Reserve Bank of India Act was enacted in the year _______ Relationship between Banker and Customer in case of Safe Custody ______ Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act Bank cannot discount bills for his customers True/False Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Minor is incompetent to enter into contract. So he cannot become endorsee True/False In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ The account is operated by _______ in Joint Hindu Family Account Clayton's Rule relates to _________________ Order Nisi is issued by _________ The bank can disclose the customer information when information is demanded by his guarantor True/False As on date Bank Rate is ________ Minimum number of directors in a Public Limited Company_____ Attachment order is issued by ________ Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. A Minor cannot cannot become partner in a partnership firm for his benefits True/False Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

26 27 28 29 30 31 32 33

34 35 36 37 38 39 40

Government companies are those companies where the government holds at least ____ % shares. Right to combine two accounts by bank is called _____ E banking service based on voice processing facility _____ Maximum number of shareholder in Pvt Ltd Company _____ A minor of _____ years can open Savings Bank Account Monetary and Credit Policy is issued by _______ each year _____ times. A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank Valid document available to the Bank for customer identification _______ The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Right of set off is exercisable where the relationship is of _______ Document which stipulates internal rules of company ________ The partnership firm must be registered True/False

ASIBAS, Amity University

NAME: _______________ 1 2 3 SEM & SEC: __________ DATE: __________

4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

19 20

21

22 23 24 25 26

27

Right to combine two accounts by bank is called _____ Document which stipulates internal rules of company ________ The account is operated by _______ in Joint Hindu Family Account Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank As on date Bank Rate is ________ Reserve Bank of India Act was enacted in the year _______ Bank cannot discount bills for his customers True/False When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act Relationship between Banker and Customer in case of Safe Custody ______ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him Clayton's Rule relates to _________________ A Minor cannot cannot become partner in a partnership firm for his benefits True/False Minor is incompetent to enter into contract. So he cannot become endorsee True/False In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Government companies are those companies where the government holds at least ____ % shares. The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Monetary and Credit Policy is issued by _______ each year _____ times. The partnership firm must be registered True/False Order Nisi is issued by _________ The bank can disclose the customer information when information is demanded by his guarantor True/False Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case.

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

28 29 30 31

32 33

34 35 36

37 38 39 40

A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Valid document available to the Bank for customer identification _______ E banking service based on voice processing facility _____ A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Maximum number of shareholder in Pvt Ltd Company _____ Right of set off is exercisable where the relationship is of _______ What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Minimum number of directors in a Public Limited Company_____ A minor of _____ years can open Savings Bank Account Attachment order is issued by ________

ASIBAS, Amity University

NAME: _______________ 1 2 3 4 SEM & SEC: __________ DATE: __________

5 6 7 8 9

10 11 12 13

14

15 16 17 18 19 20

21 22

23 24 25 26

Minor is incompetent to enter into contract. So he cannot become endorsee True/False Maximum number of shareholder in Pvt Ltd Company _____ As on date Bank Rate is ________ Reserve Bank of India Act was enacted in the year _______ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. E banking service based on voice processing facility _____ A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ A Minor cannot cannot become partner in a partnership firm for his benefits True/False The bank can disclose the customer information when information is demanded by his guarantor True/False Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor The partnership firm must be registered True/False In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Monetary and Credit Policy is issued by _______ each year _____ times. Right of set off is exercisable where the relationship is of _______ Right to combine two accounts by bank is called _____ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Attachment order is issued by ________ The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Relationship between Banker and Customer in case of Safe Custody ______

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

27 Document which stipulates internal rules of company ________ Government companies are those companies where the government holds at least ____ % 28 shares. 29 A minor of _____ years can open Savings Bank Account When a Banker allows an overdraft in a Current Account, the relationship is of a 30 ___________ 31 Minimum number of directors in a Public Limited Company_____ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation 32 Act A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) 33 RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order 34 shall apply to all branches of ABC Bank Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) 35 Bankers Book evidence Act. (d) Section 170 of Indian Contract Act 36 Order Nisi is issued by _________ 37 Clayton's Rule relates to _________________ 38 Bank cannot discount bills for his customers True/False 39 The account is operated by _______ in Joint Hindu Family Account 40 Valid document available to the Bank for customer identification _______

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

1 2 3 4 5 6 7 8 9

10 11 12 13 14 15

16 17 18 19 20 21

22

23 24 25 26

27 28

Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) A minor of _____ years can open Savings Bank Account A Minor cannot cannot become partner in a partnership firm for his benefits True/False The account is operated by _______ in Joint Hindu Family Account The partnership firm must be registered True/False E banking service based on voice processing facility _____ Government companies are those companies where the government holds at least ____ % shares. Monetary and Credit Policy is issued by _______ each year _____ times. Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Order Nisi is issued by _________ As on date Bank Rate is ________ What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Right to combine two accounts by bank is called _____ Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ Minor is incompetent to enter into contract. So he cannot become endorsee True/False Right of set off is exercisable where the relationship is of _______ Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him Attachment order is issued by ________ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Clayton's Rule relates to _________________

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

29 Valid document available to the Bank for customer identification _______ Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order 30 shall apply to all branches of ABC Bank A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority 31 (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. 32 Reserve Bank of India Act was enacted in the year _______ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your 33 favour for exercising right of set off. (d) none of the these 34 Document which stipulates internal rules of company ________ 35 Bank cannot discount bills for his customers True/False Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of 36 these. 37 Minimum number of directors in a Public Limited Company_____ 38 Relationship between Banker and Customer in case of Safe Custody ______ The bank can disclose the customer information when information is demanded by his 39 guarantor True/False 40 Maximum number of shareholder in Pvt Ltd Company _____

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

1 2 3 4

5 6 7 8

9 10 11 12 13

14

15 16 17 18 19 20 21 22

23

24 25

The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) Attachment order is issued by ________ Document which stipulates internal rules of company ________ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Maximum number of shareholder in Pvt Ltd Company _____ In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Relationship between Banker and Customer in case of Safe Custody ______ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Reserve Bank of India Act was enacted in the year _______ When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ The account is operated by _______ in Joint Hindu Family Account In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank Right to combine two accounts by bank is called _____ Government companies are those companies where the government holds at least ____ % shares. Valid document available to the Bank for customer identification _______ A Minor cannot cannot become partner in a partnership firm for his benefits True/False A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act E banking service based on voice processing facility _____ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it.

ASIBAS, Amity University

NAME: _______________ 26 27 28 29 SEM & SEC: __________ DATE: __________

30 31 32 33 34 35 36 37 38 39

40

Order Nisi is issued by _________ Monetary and Credit Policy is issued by _______ each year _____ times. Right of set off is exercisable where the relationship is of _______ Clayton's Rule relates to _________________ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. A minor of _____ years can open Savings Bank Account The bank can disclose the customer information when information is demanded by his guarantor True/False As on date Bank Rate is ________ A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Minor is incompetent to enter into contract. So he cannot become endorsee True/False Minimum number of directors in a Public Limited Company_____ Bank cannot discount bills for his customers True/False Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ The partnership firm must be registered True/False Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these.

ASIBAS, Amity University

NAME: _______________ 1 SEM & SEC: __________ DATE: __________

2 3 4 5 6 7

8 9 10 11

12 13 14 15

16 17 18

19 20 21 22 23

24 25 26 27

A Minor cannot cannot become partner in a partnership firm for his benefits True/False What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) The account is operated by _______ in Joint Hindu Family Account A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Minor is incompetent to enter into contract. So he cannot become endorsee True/False When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these As on date Bank Rate is ________ Document which stipulates internal rules of company ________ Clayton's Rule relates to _________________ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Bank cannot discount bills for his customers True/False In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Order Nisi is issued by _________ Right of set off is exercisable where the relationship is of _______ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. E banking service based on voice processing facility _____ A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Attachment order is issued by ________ Minimum number of directors in a Public Limited Company_____ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him Right to combine two accounts by bank is called _____

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

28

29 30 31 32

33 34 35 36 37 38 39 40

Government companies are those companies where the government holds at least ____ % shares. Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. Relationship between Banker and Customer in case of Safe Custody ______ Reserve Bank of India Act was enacted in the year _______ The partnership firm must be registered True/False Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Valid document available to the Bank for customer identification _______ Monetary and Credit Policy is issued by _______ each year _____ times. A minor of _____ years can open Savings Bank Account The bank can disclose the customer information when information is demanded by his guarantor True/False Maximum number of shareholder in Pvt Ltd Company _____ Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

1 2 3 4 5 6 7 8 9 10 11

12 13 14

15

16 17

18 19 20 21 22 23

24

25 26

In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ As on date Bank Rate is ________ Government companies are those companies where the government holds at least ____ % shares. Clayton's Rule relates to _________________ Maximum number of shareholder in Pvt Ltd Company _____ Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Document which stipulates internal rules of company ________ Bank cannot discount bills for his customers True/False Right to combine two accounts by bank is called _____ Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these The partnership firm must be registered True/False A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. The bank can disclose the customer information when information is demanded by his guarantor True/False Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Attachment order is issued by ________ Monetary and Credit Policy is issued by _______ each year _____ times. Minor is incompetent to enter into contract. So he cannot become endorsee True/False Order Nisi is issued by _________ Right of set off is exercisable where the relationship is of _______ Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

27 28 29 30 31 32 33 34 35 36 37 38 39 40

concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) The account is operated by _______ in Joint Hindu Family Account Reserve Bank of India Act was enacted in the year _______ A minor of _____ years can open Savings Bank Account E banking service based on voice processing facility _____ Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Minimum number of directors in a Public Limited Company_____ Valid document available to the Bank for customer identification _______ A Minor cannot cannot become partner in a partnership firm for his benefits True/False A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Relationship between Banker and Customer in case of Safe Custody ______ When a Banker allows an overdraft in a Current Account, the relationship is of a ___________

ASIBAS, Amity University

NAME: _______________ 1 SEM & SEC: __________ DATE: __________

2 3

4 5 6 7 8 9 10 11 12 13

14 15 16

17 18 19 20 21 22 23 24 25 26 27

Minor is incompetent to enter into contract. So he cannot become endorsee True/False Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Right to combine two accounts by bank is called _____ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Monetary and Credit Policy is issued by _______ each year _____ times. A minor of _____ years can open Savings Bank Account The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) The bank can disclose the customer information when information is demanded by his guarantor True/False Clayton's Rule relates to _________________ The account is operated by _______ in Joint Hindu Family Account Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Ramesh deposits cheque for collection and bank slows credit to savings bank account against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these Bank cannot discount bills for his customers True/False Document which stipulates internal rules of company ________ Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ Government companies are those companies where the government holds at least ____ % shares. A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. E banking service based on voice processing facility _____ Valid document available to the Bank for customer identification _______ Right of set off is exercisable where the relationship is of _______ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

28 29 30 31 32

33

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39 40

Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Attachment order is issued by ________ As on date Bank Rate is ________ Order Nisi is issued by _________ Relationship between Banker and Customer in case of Safe Custody ______ Reserve Bank of India Act was enacted in the year _______ Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor A Minor cannot cannot become partner in a partnership firm for his benefits True/False The partnership firm must be registered True/False Maximum number of shareholder in Pvt Ltd Company _____ Minimum number of directors in a Public Limited Company_____ The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False

ASIBAS, Amity University

NAME: _______________ 1 2 SEM & SEC: __________ DATE: __________

3 4 5 6 7 8 9 10 11 12

13 14 15 16 17

18 19

20 21 22 23 24 25 26 27 28

A Minor cannot cannot become partner in a partnership firm for his benefits True/False Right of set off is exercisable where the relationship is of _______ Your bank has received attachment order from Income Tax Department. (a) You will exercise your right set off in respect of existing claims against the customer. (b) your right of set off becomes ineffective (c) You will approach to court for suitable order in your favour for exercising right of set off. (d) none of the these Reserve Bank of India Act was enacted in the year _______ Maximum number of shareholder in Pvt Ltd Company _____ In case of collection of cheques and bills the relationship between banker with the customer is of (a) Banker as agent (b) Banker as trustee (c)Banker as debtor (d) Banker as bailor Amount of Bank Draft that can be issued by banks in cash under KYC directives of RBI is _______________ As on date Bank Rate is ________ Bank cannot discount bills for his customers True/False Order Nisi is issued by _________ The bank can disclose the customer information when information is demanded by his guarantor True/False The Clayton's rule relates to (a) Payment of cheque (b) Right of set off (c) Right of appropriation (d) Both (b) and ( c) What is the relationship between banker and a customer in case of safe custody of articles (a) bailer and bailee (b) bailee and bailor(c) agent principle (d) landlord and tenant (e) debtor and creditor Lien is defined in (a) Section 172 of Indian Contract Act (b) Banking Regulation Act (c) Bankers Book evidence Act. (d) Section 170 of Indian Contract Act A banker has been defined in (a) Banking Regulation Act (b) Negotiable Instrument Act (c) RBI Act (d) Indian Contract Act (e) Bankers Book Evidence Act Relationship between Banker and Customer in case of Safe Custody ______ Minor is incompetent to enter into contract. So he cannot become endorsee True/False Upon the death of the depositor, the legal heirs have been paid the amount of claim. Subsequently an attachment order has been received in the name of deceased depositor. (a) the order is applicable on legal heirs (b) the order is applicable if served on legal heirs. (c) the order is not applicable. (d) the bank will approach court in such a case. Valid document available to the Bank for customer identification _______ Which of these meet requirement of definition of customer of a bank (a) a person regularly visiting bank (b) a person regularly getting bank draft issued from bank (c) a person maintaining current account with bank (d) a person getting bank draft cancelled. (e) none of these. Monetary and Credit Policy is issued by _______ each year _____ times. Right to combine two accounts by bank is called _____ A contract with minor is (a) void ab initio (b) Invalid but he can ratify on attaining majority (c) valid if his guardian ratifies (d) is valid if all his family members give consent to it. Minimum number of directors in a Public Limited Company_____ E banking service based on voice processing facility _____ A Company is an artificial person. Therefore, the company can be a member of Partnership Firm True/False Government companies are those companies where the government holds at least ____ % shares. Ramesh deposits cheque for collection and bank slows credit to savings bank account

ASIBAS, Amity University

NAME: _______________ SEM & SEC: __________ DATE: __________

29 30 31 32 33

34 35 36 37

38 39 40

against this cheque. Now bank receives Garnishee order in the account. (a) It will not apply (b) The bank would ask Ramesh (c) The order will apply (d) none of these The banker is supposed to disclose information about customer under the Act (a) Negotiable Instrument Act (b) RBI Act (c)Banking Regulation Act (d) Bankers Book Evidence Act. Attachment order is issued by ________ Document which stipulates internal rules of company ________ The account is operated by _______ in Joint Hindu Family Account The partnership firm must be registered True/False Right of set off of a banker has been conferred on the banks in (a) Negotiable Instrument Act (b) Indian Contract Act (c) RBI Act (d) Civil Procedure Code (e) Banking Regulation Act Clayton's Rule relates to _________________ In case of Safe Deposit Vault, the relationship between banker and customer is of _____________ A minor of _____ years can open Savings Bank Account Head office of ABC Bank located in Delhi receives a garnishee order. (a) the order will apply to branches in Delhi only (b) the order is invalid as it should have been served to concerned branch only (c) the order will be returned back to make it specific. (d) the order shall apply to all branches of ABC Bank When a Banker allows an overdraft in a Current Account, the relationship is of a ___________ Banker is having right of (a) General Lien (b) Particular lien (c) to close the account of customer without giving notice to him