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Results Summary
Elapsed Time: Timer Not Started Total Marks: 282 Obtained Marks: 205 Percenta e: !" Result : Passed Current Exam Module Chapter1 Chapter2 Chapter3 Chapter4 Module A Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module ' Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module C Chapter1 Chapter2 Chapter3 Questions Percent Positive Negative Marks Answered Correct Incorrect Selected Correct Mark Mark Obtained 20 0 112 9 1 1 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 1! 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 14 0 111 9 12 0 96 5 11! 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 2 0 15 4 "1 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 60 0 86 56 #$ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 24 0 192 10 ""% 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 2 0 15 4 "1 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 1 6 "$& 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 22 0
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Chapter4 Chapter5 Module ( Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module ) Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module * Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module + ,otal
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 1 1
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 1!
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 11!
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ "1
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ #$
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ ""%
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ "1
0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ 0 0 0 0 0 $ "$&
Overall -esults Exam Module Chapter1 Chapter2 Chapter3 Questions Percent Positive Negative Marks Answered Correct Incorrect Selected Correct Mark Mark Obtained 20 0 112 14 0 111 12 0 96 2 0 15 60 0 86 24 0 192 2 0 15 1 22 0
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Chapter4 Module A Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module ' Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module C Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module ( Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module ) Chapter1 Chapter2
5 11! 20 11 24 20 13 1$&
4 "1 10 0 6 5 1 ". 2
56 #$ 6 100
10 ""% 40 22 48
4 "1 10 0 6 5 1 ". 2 2 4 4 1 1! 6 1 8 11 13 %1
30 11 30 25 14 1! 9 10 9 9 10 / 19 31 20 19 30 1"# 0 0 0 0 0 $ 0 0
80 93 /# 0 80 50 50 90 %# 52 42 5 38 52 / 0 0 0 0 0 $ 0 0
40 26 "1$ 14 16 10 10 18 %# 26 28 24 16 34 1! 0 0 0 0 0 $ 0 0
8 5 5 9 ! 13 14 12 8 1 %/ 0 0 0 0 0 $ 0 0
2 4 4 1 1! 6 1 8 11 13 %1 0 0 0 0 0 $ 0 0
0 0 0 0 0 $ 0 0
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Chapter3 Chapter4 Chapter5 Module * Chapter1 Chapter2 Chapter3 Chapter4 Chapter5 Module + ,otal
0 0 0 $ 0 0 0 0 0 $ %#
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0 0 0 $ 0 0 0 0 0 $ !
0 0 0 $ 0 0 0 0 0 $ !1.
0 0 0 $ 0 0 0 0 0 $ 1"
0 0 0 $ 0 0 0 0 0 $ %#
0 0 0 $ 0 0 0 0 0 $ %!#
0 0 0 $ 0 0 0 0 0 $ 1"
0 0 0 $ 0 0 0 0 0 $ &1
10 A 1ublic sector bank o2 is a bod3 cor1orate created under s1ecial statute ,rue )alse ,7e Correct Answer is 4
Marks4 "5 16
,rue
"0 A banking com1an3 is registered under t7e 'anking -egulation Act ,rue )alse ,7e Correct Answer is 4 )alse Module 4 Module A C7a1ter 4 C7a1ter1 !0 Coo1erative banks are registered under t7e Coo1erative Societies Act
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 2This is due to the impact of certain tings and ....... hope this will work well Example Explanation Module 4 Module A C7a1ter 4 C7a1ter1 0 Subsidiaries banks are com1anies registered under t7e Com1anies Act
Marks4 "5 16
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 3This is due to the impact of certain tings and ....... hope this will work well Example Explanation Module 4 Module A C7a1ter 4 C7a1ter1 &0 Acce1ting de1osits 2or sa2e custod3 would 2all wit7in t7e de2inition o2 9banking: Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Incorrect 8ou Answered ,rue Ex1lanation 4 4This is due to the impact of certain tings and ....... hope this will work well Example Explanation Module 4 Module A C7a1ter 4 C7a1ter1 %0 -eserve 'ank was constituted under ;;;;;;; Marks4 A0 '- Act '0 -'I Act C0 Com1anies Act ,7e Correct Answer is 4 '0 -'I Act 8our Answer is Correct 8ou Answered '0 -'I Act Ex1lanation 4 5This is due to the impact of certain tings and ....... hope this will work well Example Explanation Module 4 Module A C7a1ter 4 C7a1ter1 /0 A -egional -ural 'ank is ;;;;;;;;;;;;;;;;0 Marks4
"5 16
"5 16
A0 A bod3 cor1orate created under a s1ecial statute '0 A coo1erative societ3 ,7e Correct Answer is 4 A0 A bod3 cor1orate created under a s1ecial statute 8ou did not answer t7e <uestion0 Ex1lanation 4 6This is due to the impact of certain tings and ....... hope this will work well Example Explanation Module 4 Module A C7a1ter 4 C7a1ter1
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A0 -eserve 'ank '0 -egistrar o2 com1anies C0 Com1an3 =aw 'oard>0 ,7e Correct Answer is 4 '0 -egistrar o2 com1anies 8ou did not answer t7e <uestion0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 .0 'usiness w7ic7 a banking com1an3 ma3 undertake ot7er t7an banking is as sti1ulated b3 ;;;;;;;;;;;;;; Marks4 "5 16 A0 -eserve 'ank '0 '- Act C0 -'I Act>0 ,7e Correct Answer is 4 '0 '- Act 8ou did not answer t7e <uestion0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1$0 '- Act was enacted 2or ;;;;;;;;; regulating acce1tance o2 de1osits 2rom 1ublic>0 Marks4 "5 16 A0 -egulating banking com1anies '0 Creating -eserve 'ank ,7e Correct Answer is 4 A0 -egulating banking com1anies 8ou did not answer t7e <uestion0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 110 Central *overnment can give direction to t7e -eserve 'ank0 ,rue )alse ,7e Correct Answer is 4 ,rue 8ou did not answer t7e <uestion0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1"0 All business o2 banks are regulated onl3 b3 t7e -eserve 'ank0
16
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,rue )alse ,7e Correct Answer is 4 )alse 8ou did not answer t7e <uestion0 Ex1lanation 4 undefined
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Module 4 Module A C7a1ter 4 C7a1ter1 1!0 Central *overnment is t7e 1rimar3 regulator o2 banks0
Marks4
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1 0 ,7e State *overnment 7as no control over coo1erative banks0
16
Marks4
"5
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1&0 On cancellation o2 licence o2 an3 bank? an a11eal lies to Central *overnment0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1%0 Coo1erative bank o1erating in di22erent states are regulated b3 ;;;;;;;
Marks4 "5 16
A0State Coo1erative Societies Act '0Multi6@nit Coo1erative Societies Act C0'anking =aws Aa11lication to Coo1erative Societies Act> ,7e Correct Answer is 4 '0Multi6@nit Coo1erative Societies Act 8our Answer is Correct 8ou Answered '0Multi6@nit Coo1erative Societies Act Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1/0 *overnment can exem1t a bank 2rom 1rovision o2 '- Act ;;;;;;
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'0B7enever t7e government is satis2ied C0I2 re<uested b3 a bank ,7e Correct Answer is 4 A0On t7e recommendation o2 -'I 8our Answer is Correct 8ou Answered A0On t7e recommendation o2 -'I Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1#0 ;;;;;;;; exercises t7e central banking 2unction in India?
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A0State 'ank? Central 'ank o2 India '0-eserve 'ank o2 India ,7e Correct Answer is 4 '0-eserve 'ank o2 India 8our Answer is Correct 8ou Answered '0-eserve 'ank o2 India Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 1.0 Com1an3 matters o2 a banking com1an3 are regulated b3 ;;;;;;
Marks4 "5 16
A0-eserve 'ank '0Aut7orities under Com1anies Act C0SE'I ,7e Correct Answer is 4 '0Aut7orities under Com1anies Act 8our Answer is Correct 8ou Answered '0Aut7orities under Com1anies Act Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 "$0 ,rading in s7ares and securities b3 banks is subCect to control b3 ;;;;;; Marks4 "5 16 A0Controller o2 Ca1ital Issues '0SE'I C0Com1an3 =aw 'oard ,7e Correct Answer is 4 '0SE'I 8our Answer is Correct 8ou Answered '0SE'I Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter1 "10 Section &Ab> o2 ;;;;;; Act gives t7e de2inition o2 t7e term 9'anking:
Marks4 "5 16
A0Contract Act? '0Negotiable Instruments Act? C0'anking -egulation Act? (0,rans2er o2 Pro1ert3 Act0
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,7e Correct Answer is 4 C0'anking -egulation Act? 8our Answer is Correct 8ou Answered C0'anking -egulation Act? Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ""0 Princi1le 2unctions o2 t7e 'ank are4 Marks4 "5 16 A0(is1atc7 o2 statements? '0AdCustment o2 Intero22ice ,ransactions? C0Clearing (0Acce1tance o2 de1osits 2or =ending and investment0 ,7e Correct Answer is 4 (0Acce1tance o2 de1osits 2or =ending and investment0 8our Answer is Correct 8ou Answered (0Acce1tance o2 de1osits 2or =ending and investment0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! "!0 In a de1osit account t7e 1rinci1al relation between 'ank and Customer is bank ;;;;;;;;;;; and t7e Customer ;;;;;;;;0 Marks4 "5 16 A0Agent? Princi1al '0=essor? =essee C0Creditor6(ebtor (0(ebtor6Creditor E0'ailor6'ailee ,7e Correct Answer is 4 (0(ebtor6Creditor 8our Answer is Correct 8ou Answered (0(ebtor6Creditor Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! " 0 B7en a 'ank lends mone3 t7e relation between 'ank and Customer is 'ank ;;;;;;;;;;;;; and Customer ;;;;;;;;0 Marks4 "5 16 A0Agent? Princi1al '0=essor? =essee C0Creditor6(ebtor (0(ebtor6Creditor E0'ailor6'ailee ,7e Correct Answer is 4 C0Creditor6(ebtor 8our Answer is Correct 8ou Answered C0Creditor6(ebtor Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! "&0 In case o2 sa2e custod3 o2 articles relation between 'ank and Customer is 'ank ;;;;;;;;;;; and Customer ;;;;;;;;;0 Marks4 "5 16
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A0Agent? Princi1al '0=essor? =essee C0Creditor6(ebtor (0(ebtor6Creditor E0'ailor6'ailee ,7e Correct Answer is 4 E0'ailor6'ailee 8our Answer is Correct 8ou Answered E0'ailor6'ailee Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! "%0 In case o2 sa2e de1osit licker t7e relation between 'ank and Customer is 'ank ;;;;;;;;;;;;;;; and Customer ;;;;;;;;;0 Marks4 "5 16 A0Agent? Princi1al '0=essor? =essee C0Creditor6(ebtor (0(ebtor6Creditor E0'ailor6'ailee ,7e Correct Answer is 4 '0=essor? =essee 8our Answer is Incorrect 8ou Answered A0Agent? Princi1al Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! "/0 An individual can start a bank0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! "#0 A banking com1an3 s7ould 7ave t7e word 9'anking: in its name
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ".0 A com1an3 engaged in manu2acture o2 2urniture can use t7e word 9'ank: in its name0 Marks4 "5 16
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !$0 =edger kee1er is aut7orised to disclose t7e balance o2 t7e account o2 t7e customer to a stranger0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !10 =ine is aDan ;;;;;;;; o2 t7e creditor to retain 1ossession0
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A0Obligation '0-ig7t C0Interest (0Protection ,7e Correct Answer is 4 '0-ig7t 8our Answer is Correct 8ou Answered '0-ig7t Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !"0 B7ere as general lien gives rig7t to retain goods? 'anker:s lien 7as ;;;;;;;;; in case o2 de2ault0 Marks4 "5 16 A0rig7t to create c7arge '0rig7t to create mortgage C0rig7t to sell0 ,7e Correct Answer is 4 C0rig7t to sell0 8our Answer is Correct 8ou Answered C0rig7t to sell0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !!0 *eneral lien gives t7e creditor rig7t to retain ;;;;;;;; w7ic7 7ave come in 7is 1ossession0 Marks4 "5 16 A0all goods
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'0some goods C0s1eci2ic goods ,7e Correct Answer is 4 A0all goods 8our Answer is Correct 8ou Answered A0all goods Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ! 0 Particular lien gives t7e creditor rig7t to retain ;;;;;;;; in case t7e ex1enses incurred are not 1aid0 Marks4 "5 16 A0all goods '0some goods C0s1eci2ic goods ,7e Correct Answer is 4 C0s1eci2ic goods 8our Answer is Correct 8ou Answered C0s1eci2ic goods Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !&0 'anker:s lien is aDan ;;;;;;;;;0 Marks4
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A0731ot7ecation '0mortgage C0im1lied 1ledge (01ledge ,7e Correct Answer is 4 C0im1lied 1ledge 8our Answer is Correct 8ou Answered C0im1lied 1ledge Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !%0 In case o2 ;;;;;;;;;; goods? 'anker:s lien is not a11licable0
16
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A0owner:s goods '0stolen goods C02inis7ed goods ,7e Correct Answer is 4 '0stolen goods 8our Answer is Correct 8ou Answered '0stolen goods Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !/0 ,7e rig7t to ;;;;;;; two accounts is known as set6o220 A0O1en '0'anker:s rig7t C0Combine
Marks4
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,7e Correct Answer is 4 C0Combine 8our Answer is Incorrect 8ou Answered '0'anker:s rig7t Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !#0 -ig7t o2 set6o22 is not discretionar3 rig7t wit7 t7e bank0 0
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !.0 Bit7 t7e deat7 o2 a 1artner o2 a 1artner o2 a 2irm 7aving a cas7 credit account t7e account o2 t7e 2irm can continued as t7it7erto0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Incorrect 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! $0 ,rans2er o2 2unds 2rom t7e 1artners7i1 account to t7e credit o2 t7e account o2 a 1artner to set6o22 a debit balance? is in order0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 10 ,7e rig7t o2 set6o22 is ;;;;;;;;;;0
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A0Customer:s rig7t '0'anker:s rig7t C0'anker:s obligation (0'ank:s descrition0 ,7e Correct Answer is 4 (0'ank:s descrition0 8our Answer is Correct 8ou Answered (0'ank:s descrition0 Ex1lanation 4 undefined
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A0Police o22icer '0-evenue aut7orit3 C0In2orcement aut7orit3 (0Court o2 =aw ,7e Correct Answer is 4 (0Court o2 =aw 8our Answer is Correct 8ou Answered (0Court o2 =aw Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! !0 Attac7ment order is issued b3 ;;;;;;;;;;0 A0(rawer o2 a c7e<ue '0-evenue aut7orit3 C0Manager o2 bank ,7e Correct Answer is 4 '0-evenue aut7orit3 8our Answer is Correct 8ou Answered '0-evenue aut7orit3 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 0 Mandate is ;;;;;;;;; 0 Marks4 "5 16
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A0Signed letter to t7e 'ank '0Order o2 t7e court o2 law C0Memorandum o2 understanding (0@nstam1ed letter to t7e 'ank ,7e Correct Answer is 4 (0@nstam1ed letter to t7e 'ank 8our Answer is Correct 8ou Answered (0@nstam1ed letter to t7e 'ank Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &0 Power o2 attorne3 is ;;;;;;;;;0 Marks4 "5 16 A0Signed letter to t7e 'ank '0A 1romissor3 note C0*arnis7ee order (0Stam1ed documents0 ,7e Correct Answer is 4 (0Stam1ed documents0 8our Answer is Correct 8ou Answered (0Stam1ed documents0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter!
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%0 Person to w7om a 1ower o2 attorne3 is given is called ;;;;;;;;; and t7e 1erson w7o gives t7e Power o2 attorne3 is called ;;;;;;;;;0 Marks4
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A0(ebtor6Creditor '0'ailor6'ailee C0Agent? Princi1al Adonor? donee> ,7e Correct Answer is 4 C0Agent? Princi1al Adonor? donee> 8our Answer is Correct 8ou Answered C0Agent? Princi1al Adonor? donee> Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /0 A letter o2 mandate is generall3 issued 2or a s7ort or tem1orar3 1eriod0
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #0 Mandates are acce1ted 2rom limited com1anies and coo1erative societies0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .0 S1ecial 1ower o2 attorne3 gives extensive 1owers to t7e agent to 1er2orm man3 acts0 0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &$0 *arnies7ee order is issued b3 t7e revenue aut7orities0 0
Marks4
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &10 Attac7ment order is issued b3 t7e Court o2 =aw0
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &"0 Promissor3 Notes? 'ills o2 Exc7ange and c7e<ue are toget7er de2ined as;;;;;;;;;;;; Marks4 "5 16 A0Negotiable instruments '0,rans2erred instruments C0,rust -ecei1ts (0(ocuments o2 ,itle to goods0 ,7e Correct Answer is 4 A0Negotiable instruments 8our Answer is Correct 8ou Answered A0Negotiable instruments Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &!0 N0I0are easil3 ;;;;;;;; Marks4 "5 16 A0trans2erable '0gi2ted C0sold ,7e Correct Answer is 4 A0trans2erable 8our Answer is Correct 8ou Answered A0trans2erable Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! & 0 a c7e<ue is drawn on a ;;;;;;;;;; A0owner o2 s7i1 '0an agent o2 a 1rinci1al C0bank ,7e Correct Answer is 4 C0bank
Marks4
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8our Answer is Correct 8ou Answered C0bank Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &&0 a c7e<ue is 1a3able on a ;;;;;;;;;
Marks4
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A0demand '0a2ter certain da3s C0on a 2ixed 2uture date0 ,7e Correct Answer is 4 A0demand 8our Answer is Correct 8ou Answered A0demand Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &%0 ,wo 1arallel transverse lines across t7e c7e<ue is called ;;;;;;;;;
Marks4 "5 16
A0endorsement '0trans2er C0assignment (0crossing ,7e Correct Answer is 4 (0crossing 8our Answer is Correct 8ou Answered (0crossing Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &/0 Crossing is a direction to t7e ;;;;;;;; bank to 1a3 t7e c7e<ue to t7e 1a3ee t7roug7 a bank0 Marks4 "5 16 A0drawer '01a3ee C01a3ing (0collecting ,7e Correct Answer is 4 C01a3ing 8our Answer is Incorrect 8ou Answered (0collecting Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! � B7en a c7e<ue is drawn on a bank is called t7e ;;;;;;;;;;0
16
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,7e Correct Answer is 4 (0drawee 8our Answer is Correct 8ou Answered (0drawee Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! &.0 ,7e crossing in a crossed c7e<ue can be cancelled b3 ;;;;;;;;0
Marks4 "5 16
A0drawer '0endorser C0acce1tor (0drawee ,7e Correct Answer is 4 A0drawer 8our Answer is Correct 8ou Answered A0drawer Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %$0 Acts done 7onestl3 is called acts done0
Marks4
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A0wit7out negligence '0ras7l3 C0molli2ied (0in good 2ait7 ,7e Correct Answer is 4 (0in good 2ait7 8our Answer is Incorrect 8ou Answered A0wit7out negligence Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %10 Mere signature o2 t7e 1a3ee on t7e reverse o2 t7e instrument is called ;;;;;;;; endorsement Marks4 "5 16 A02ull '0blank C0conditional (0restrictive ,7e Correct Answer is 4 '0blank 8our Answer is Correct 8ou Answered '0blank Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %"0 9Sans recourse: means ;;;;;;;0 A0I am not a2raid '0(o not touc7 me
Marks4
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C0ask t7e drawer (0wit7out liabilit3 to me ,7e Correct Answer is 4 (0wit7out liabilit3 to me 8our Answer is Correct 8ou Answered (0wit7out liabilit3 to me Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %!0 A c7e<ue is a 'ill o2 Exc7ange0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! % 0 (rawee o2 a c7e<ue is not a banker0 0 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Incorrect 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %&0 A 1romissor3 note can be crossed0 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Incorrect 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %%0 A c7e<ue needs acce1tance0 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter!
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,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %#0 Crossing o2 a c7e<ue can be done b3 t7e drawer onl30
Marks4
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,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! %.0 ,rans2eree o2 a negotiable instrument will not get a better title trans2eror0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /$0 A c7e<ue can be issued 1a3able a2ter ! mont7 2rom t7e date o2 its issuance0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Incorrect 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /10 A banker on w7om a c7e<ue is drawn b3 customer is ;;;;;;;;;;;0
Marks4 "5 16
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,7e Correct Answer is 4 '0Pa3ing banker 8our Answer is Correct 8ou Answered '0Pa3ing banker Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /"0 A banker w7o collects a c7e<ue 2or and on be7al2 o2 7is customer is ;;;;;;;;;;0 Marks4 "5 16 A0Collecting banker '0Pa3ing banker C0Advising banker (0Con2irming banking0 ,7e Correct Answer is 4 A0Collecting banker 8our Answer is Correct 8ou Answered A0Collecting banker Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /!0 Section 1!1 o2 N0I0 Acts extends 1rotection to t7e ;;;;;;;;;;0
Marks4 "5 16
A0Collecting banker '0Pa3ing banker C0Advising banker (0Con2irming banking0 ,7e Correct Answer is 4 A0Collecting banker 8our Answer is Correct 8ou Answered A0Collecting banker Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! / 0 Section #& o2 N0I0 Acts extends 1rotection to t7e ;;;;;;;;;;0
16
Marks4
"5
A0Collecting banker '0Pa3ing banker C0Advising banker (0Con2irming banking0 ,7e Correct Answer is 4 '0Pa3ing banker 8our Answer is Correct 8ou Answered '0Pa3ing banker Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /&0 B7en a banker makes 1a3ment o2 a c7e<ue a2ter banking 7our 7e will be 7eld ;;;;;;;;;;0 Marks4 "5 16 A0liable
Page 21 of 38
'0reasonable C0acce1table ,7e Correct Answer is 4 A0liable 8our Answer is Correct 8ou Answered A0liable Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /%0 One o2 t7e condition to 7onour t7e c7e<ue b3 t7e 1a3ing banker is t7at amount in words and 2igures s7ould ;;;;;;;;;;;;0 Marks4 "5 16 A0di22er '0tall3 C0be clear ,7e Correct Answer is 4 '0tall3 8our Answer is Correct 8ou Answered '0tall3 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! //0 B7ere a customer b3 a letter 7as advised t7e bank directing t7e banker not to 7onour D 1a3 a 1articular c7e<ue suc7 a letter is called ;;;;;;;;;0
Marks4 "5 16
A0letter o2 aut7orit3 '0letter o2 credit C0sto1 1a3ment letter (0letter o2 continuit30 ,7e Correct Answer is 4 C0sto1 1a3ment letter 8our Answer is Correct 8ou Answered C0sto1 1a3ment letter Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /#0 B7ere a customer 7as issued a c7e<ue date o2 w7ic7 is 3et to come? suc7 a c7e<ue is called ;;;;0 Marks4 "5 16 A0stale c7e<ue '01ost6dated c7e<ue C0crossed c7e<ue (0stolen c7e<ue ,7e Correct Answer is 4 '01ost6dated c7e<ue 8our Answer is Correct 8ou Answered '01ost6dated c7e<ue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! /.0 B7en a bank 1a3s a c7e<ue according to t7e a11arent tenor? in good 2ait7 and wit7out 7aving reason to doubt t7e bona2ide o2 t7e 1resendor?
Page 22 of 38
Marks4
"5 16
A0wrong 1a3ment '0late 1a3ment C02uture 1a3ment (01a3ment in due course ,7e Correct Answer is 4 (01a3ment in due course 8our Answer is Correct 8ou Answered (01a3ment in due course Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #$0 ,o get t7e 1rotection under S D 1!1? a collecting bank 7as to collect a ;;;;;;2or credit o2 is customer Marks4 "5 16 A0stolen c7e<ue '0stale c7e<ue C01ostdated c7e<ue (0crossed c7e<ue ,7e Correct Answer is 4 (0crossed c7e<ue 8our Answer is Correct 8ou Answered (0crossed c7e<ue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #10 Pa3ment o2 c7e<ue must be made b3 t7e banker wit7in banking 7ours0
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #"0 Pa3ment o2 a 1ostdated c7e<ue b3 a banker is in order0 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #!0 A bearer c7e<ue is alwa3s 1a3able to bearer0
Marks4
"5 16
Marks4
"5 16
Page 23 of 38
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! # 0 Pa3ment o2 a c7e<ue at a branc7 ot7er t7an t7e branc7 w7ere it is 1a3able? is in order0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #&0 Sto11ed 1a3ment c7e<ues s7ould be 1aid b3 t7e banker0
Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #%0 I2 a c7e<ue is stolen in transit and 1resented at t7e drawee bank b3 a 7older in due course case and i2 t7e c7e<ues is 1aid b3 t7e bank in due course in a case t7e drawee bank would be ;;;;;;;0 Marks4 "5 16 A0be 7eld liable '0would not be 7eld liable C0would be 2ound guilt3 ,7e Correct Answer is 4 '0would not be 7eld liable 8our Answer is Correct 8ou Answered '0would not be 7eld liable Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #/0 w7ere t7e signature o2 t7e drawer o2 a c7e<ue is not genuine? suc7 a c7e<ue is called ;;;;;;;;;0 Marks4 "5 16 A01ost6dated c7e<ue '02orged c7e<ue C0clearing c7e<ue (0stale c7e<ue
Page 24 of 38
,7e Correct Answer is 4 '02orged c7e<ue 8our Answer is Correct 8ou Answered '02orged c7e<ue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ##0 a 2orged c7e<ue is a valid c7e<ue0 Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! #.0 true owner o2 a c7e<ue will be entitled 2or 1a3ment even w7en t7e c7e<ue 7as been lost and it 7as reac7ed t7e 7ands o2 7older in due course0
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .$0 w7ere a 1erson 7as lost an article and i2 t7e article comes in 1rocession o2 a bona2ide 1urc7aser? t7e bona2ide 1urc7aser will not be entitled to t7e article0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Incorrect 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .10 Section 1!# states t7at drawer o2 a c7e<ue is liable to be 1unis7ed i2 t7e c7e<ue is bounced 2or ;;;;;;;;;;;0 Marks4 "5 16 A0not crossing '0alteration in 2igures C0being 1ostdated (0insu22icient 2und ,7e Correct Answer is 4
(0insu22icient 2und
Page 25 of 38
8our Answer is Correct 8ou Answered (0insu22icient 2und Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ."0 w7en a drawer draws a c7e<ue wit7out kee1ing su22icient balance and i2 t7e c7e<ue is dis7onoured 2or insu22icient 2unds? t7e drawer is 1unis7able wit7 and im1risonment w7ic7 ma3 extend to ;;;;;;;; and or a 2ine0
Marks4 "5 16
A0two mont7s '02our mont7 C0one 3ear ,7e Correct Answer is 4 C0one 3ear 8our Answer is Correct 8ou Answered C0one 3ear Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .!0 (emand de1osits are t7ose w7ic7 can be wit7drawn ;;;;;;;;;;0
Marks4 "5 16
A0on demand '0at an3 2uture date C0a2ter one 3ear (0a2ter & 3ears ,7e Correct Answer is 4 A0on demand 8our Answer is Correct 8ou Answered A0on demand Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! . 0 Current de1osits are not entitled to ;;;;;;;;0
Marks4
"5 16
A0C7e<ue book '0Statements C0Customer service (0interest0 ,7e Correct Answer is 4 (0interest0 8our Answer is Correct 8ou Answered (0interest0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .&0 In savings de1osits interest is 1aid on ;;;;;;; balance in t7e aDc between 1$t7 to last working da3 o2 t7e mont7 Marks4 "5 16 A0maximum '0average
Page 26 of 38
C0minimum (0last balance ,7e Correct Answer is 4 C0minimum 8our Answer is Correct 8ou Answered C0minimum Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .%0 Introduction in all de1osits accounts is ;;;;;;;;;
Marks4
"5 16
A0o1tional '0com1ulsor3 C0discretion o2 t7e bank ,7e Correct Answer is 4 '0com1ulsor3 8our Answer is Correct 8ou Answered '0com1ulsor3 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ./0 A minor below age o2 / can o1en an account inde1endentl30
Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! .#0 B7en a customer dies contractual relations7i1 between t7e bank and t7e customer is terminated0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! ..0 A Bill need not be 1robated b3 a court0 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined
Marks4
"5 16
Page 27 of 38
Module 4 Module A C7a1ter 4 C7a1ter! 1$$0 I2 a customer tenders a c7e<ue 2or 1a3ment w7en 7e is drunk bank s7ould not 7ave witness at t7e time o2 signing and t7e 1a3ment0 Marks4
1
6
"5
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$10 A 1artner 7as no im1lied aut7orit3 to admit t7e liabilit3 in an3 suit client 2iled against t7e 2irm0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Incorrect 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$"0 Public limited com1an3 s7ould 7ave a minimum o2 at least ;;;;;;;; members0 Marks4 "5 16 A0&$ '01& C0/ (0wit7out limit0 ,7e Correct Answer is 4 C0/ 8our Answer is Correct 8ou Answered C0/ Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$!0 *overnment com1anies are com1anies w7ere t7e government 7olds at least ;;;;;;;; E s7are o2 t7e com1an30 Marks4 "5 16 A0#$ '0&$ C0/& (0&1 ,7e Correct Answer is 4 (0&1 8our Answer is Correct 8ou Answered (0&1 Ex1lanation 4 undefined
Page 28 of 38
Module 4 Module A C7a1ter 4 C7a1ter! 1$ 0 Section ;;;;;; o2 t7e com1an3 Act details t7e borrowing limits o2 t7e com1an30 Marks4 "5 16 A0#&AA> '0!1 C0".!A1> (0&Ab> ,7e Correct Answer is 4 C0".!A1> 8our Answer is Correct 8ou Answered C0".!A1> Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$&0 ,7e ,rustees ;;;;;;;;; delegate t7eir 1owers0 A0can '0can not ,7e Correct Answer is 4 '0can not 8our Answer is Correct 8ou Answered '0can not Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$%0 Execution o2 a will is entrusted to ;;;;;;;;;;
Marks4
"5 16
Marks4
"5 16
A0Administrator '07olding o2 1ower o2 attorne3 C0Executor (07older in due close0 ,7e Correct Answer is 4 C0Executor 8our Answer is Correct 8ou Answered C0Executor Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$/0 Administrator is a 1erson a11ointed b3 ;;;;;;;;;; to look a2ter t7e 1ro1ert3 under letter o2 Administrator0 Marks4 "5 16 A0t7e government '0t7e Court C0t7e bank (0-'I ,7e Correct Answer is 4 '0t7e Court 8our Answer is Correct 8ou Answered '0t7e Court Ex1lanation 4 undefined
Page 29 of 38
Module 4 Module A C7a1ter 4 C7a1ter! 1$#0 ;;;;;;;;;; is a 1erson a11ointed b3 t7e Court to wind u1 t7e com1an30 Marks4 "5 16 A0Administrator '0Executor C0-egistrar (0li<udator ,7e Correct Answer is 4 (0li<udator 8our Answer is Correct 8ou Answered (0li<udator Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1$.0 t7e 1erson a11ointed b3 t7e court to look a2ter t7e 1ro1ert3 under letter o2 administrator is executor Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11$0 t7e 1erson w7o is entrusted wit7 t7e work o2 execution o2 t7e will is called executor0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1110 ,rustees cannot delegate t7eir 1owers0
Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11"0 No loans s7ould be granted to clubs and associations
Marks4
"5 16
Page 30 of 38
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11!0 ".! Ai>Ad> o2 com1an3 Act sti1ulates t7e borrowing limit o2 a limited com1an30 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11 0 Memorandum o2 Association sti1ulates internal rules o2 a com1an3
Marks4 "5 16
,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11&0 Article o2 Association la3s down obCects o2 t7e com1an30
Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Incorrect 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11%0 N-N- F )CN- A'> accounts can be ke1t in t7e 2rom o2 ;;;;;;;;; de1osits Marks4 "5 16 A0,erm (e1osits '0Current (e1osits C0Saving (e1osits (0-ecurring (e1osits ,7e Correct Answer is 4
A0,erm (e1osits
Page 31 of 38
8our Answer is Correct 8ou Answered A0,erm (e1osits Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11/0 Accounts Cointl3 wit7 residents can be o1ened in t7e case o2 ;;;;;;;;;; accounts0 Marks4 "5 16 A0)CN- A'> and N-E '0N-O and N-N,7e Correct Answer is 4 '0N-O and N-N8ou did not answer t7e <uestion0 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11#0 Accounts Cointl3 wit7 residents cannot be o1ened in t7e case o2 ;;;;;;;;;; accounts0 Marks4 "5 16 A0)CN- A'> and N-E '0N-O and N-N,7e Correct Answer is 4 A0)CN- A'> and N-E 8our Answer is Incorrect 8ou Answered '0N-O and N-NEx1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 11.0 ,7e term Non6resident Indian means an individual being a citiGen o2 India or a 1erson o2 Indian origin outside India0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1"$0 )CN- A'> account can be ke1t in t7e Current? Saving and -ecurring (e1osits0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter!
Page 32 of 38
1"10 -ate o2 interest 1a3able on N-O? N-E and )CN- (e1osits are le2t to t7e discretion o2 'anks0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1""0 ,7e banker s7ould not ;;;;;;;; t7e account o2 7is customer unless t7ere is Custi2iable reason 2or t7e closure0 Marks4 "5 16 A0close '0o1en C0trans2er ,7e Correct Answer is 4 A0close 8our Answer is Correct 8ou Answered A0close Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1"!0 Passbook is a ;;;;;;; o2 transactions between t7e customer and t7e bank0 Marks4 "5 16 A0basis '0source C0record (0root ,7e Correct Answer is 4 C0record 8our Answer is Correct 8ou Answered C0record Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1" 0 B7en account is 2ollowing is closed b3 t7e bank? 1ro1er;;;;;;;; s7ould be given to t7e customer Marks4 "5 16 A0t7anks letter '0guarantee C0notice (0demand ,7e Correct Answer is 4 C0notice 8our Answer is Correct 8ou Answered C0notice Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter!
Page 33 of 38
Marks4
"5 16
,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Correct 8ou Answered ,rue Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1"%0 B7en a banker closes t7e account o2 t7e customer 7e is not re<uired to send an3 notice0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1"/0 B7en a banker o2 a 1artners7i1 account w7o 7as got an account wit7 t7e bank? dies t7e bank s7ould close t7e account0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 ,rue 8our Answer is Incorrect 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1"#0 B7en banker receives intimation o2 deat7 o2 t7e customer? account is allowed to continue0 Marks4 "5 16 ,rue )alse ,7e Correct Answer is 4 )alse 8our Answer is Correct 8ou Answered )alse Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1".0 ,7e 1resent C-- and S=- re<uirements are ;;;;;;;; ? res1ectivel30
Marks4 "5 16
Page 34 of 38
,7e Correct Answer is 4 '0!E and "&E 8our Answer is Incorrect 8ou Answered C0&E and !$E Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1!$0 Present minimum ca1ital ade<uac3 ratio is .E o2
Marks4
"5 16
A0,otal liabilities '0,otal assets C0,otal risk weig7ted assets ,7e Correct Answer is 4 C0,otal risk weig7ted assets 8our Answer is Correct 8ou Answered C0,otal risk weig7ted assets Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1!10 New Prudential Accounting Norms cover Marks4 "5 16 A0interest rates '0Met7od o2 lending C0(e1osits (0Ca1ital ade<uac3? income recognition? Assets classi2ication and Provisioning ,7e Correct Answer is 4 (0Ca1ital ade<uac3? income recognition? Assets classi2ication and Provisioning 8our Answer is Correct 8ou Answered (0Ca1ital ade<uac3? income recognition? Assets classi2ication and Provisioning Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1!"0 A borrowal account is designated as non 1er2orming asset w7en t7e interest andDor instalment remains un1aid 2or Marks4 "5 16 A01 <uarter '0" <uarters C0! <uarters (0 <uarters ,7e Correct Answer is 4 '0" <uarters 8our Answer is Incorrect 8ou Answered A01 <uarter Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter! 1!!0 -'I ensures t7at banks o1erate wit7in set norms b3 conducting ;;;;;;;;; ins1ections and ;;;;;;;;; monitoring0 Marks4 "5 16 A0on6site? o226site
Page 35 of 38
'02ield? commodit3 1rices C0stock? stock market ,7e Correct Answer is 4 A0on6site? o226site 8our Answer is Correct 8ou Answered A0on6site? o226site Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1! 0 On6site ins1ection is 2ollowed b3 Marks4
"5 16
A0su1ervisor3 letter '0renewal o2 licence C02res7 audit ,7e Correct Answer is 4 A0su1ervisor3 letter 8our Answer is Incorrect 8ou Answered '0renewal o2 licence Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1!&0 Quarterl3 on6site visits are undertaken in res1ect o2
Marks4
"5 16
A0all banks '0urban co6o1erative banks C0newl3 licensed banks during 2irst 3ear ,7e Correct Answer is 4 C0newl3 licensed banks during 2irst 3ear 8our Answer is Correct 8ou Answered C0newl3 licensed banks during 2irst 3ear Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1!%0 )re<uenc3 o2 )irst ,ranc7e -eturns is Marks4 "5 16 A0mont7l3 '0mont7l3 D <uarterl3 C0mont7l3 D <uarterl3 D 7al263earl3 ,7e Correct Answer is 4 C0mont7l3 D <uarterl3 D 7al263earl3 8our Answer is Incorrect 8ou Answered '0mont7l3 D <uarterl3 Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1!/0 Second ,ranc7e o2 OSMOS returns cover Marks4 "5 16 A0asset <ualit3 '0li<uidit3 and interest rate ex1osures C0owners7i1 1attern o2 de1osits ,7e Correct Answer is 4 '0li<uidit3 and interest rate ex1osures 8our Answer is Incorrect 8ou Answered C0owners7i1 1attern o2 de1osits
Page 36 of 38
Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1!#0 @nder Section !/ o2 t7e 'anking -egulation Act? a moratorium order can be issued b3 t7e +ig7 Court 2or a maximum total 1eriod o2 Marks4 "5 16 A0one mont7 '0six mont7 C0one 3ear ,7e Correct Answer is 4 '0six mont7 8our Answer is Incorrect 8ou Answered C0one 3ear Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1!.0 B7en a banking com1an3 is 1laced under moratorium under Section o2 '0-0Act? t7e -'I must 1re1are a sc7eme Marks4 "5 16
&
A0H-S 2or sta22 '0ca1ital bu3 back C0reconstruction o2 t7e com1an3 or amalgamation wit7 an3 ot7er bank ,7e Correct Answer is 4 C0reconstruction o2 t7e com1an3 or amalgamation wit7 an3 ot7er bank 8our Answer is Correct 8ou Answered C0reconstruction o2 t7e com1an3 or amalgamation wit7 an3 ot7er bank Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1 $0 An order 2or winding u1 a banking com1an3 can be issued b3 Marks4 "5
16
A0t7e +ig7 Court '0t7e -'I C0t7e Central *overnment ,7e Correct Answer is 4 A0t7e +ig7 Court 8our Answer is Correct 8ou Answered A0t7e +ig7 Court Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter 1 10 Princi1al 2unction o2 banks are 4 Marks4
"5 16
A0acce1ting de1osits '0lending and investing C0non 2und business and remittance services (0all o2 above ,7e Correct Answer is 4 (0all o2 above
Page 37 of 38
8our Answer is Correct 8ou Answered (0all o2 above Ex1lanation 4 undefined Module 4 Module A C7a1ter 4 C7a1ter
Page 38 of 38