Banker and customer quiz

endorsement is always done on .......... of the instrument

• the face

• left side top corner

• the back

• right side top corner

mentioning collecting banker's name on the left side top corner will be done under ....

• general crossing

• special crossing

• open crossing

• real crossing

tick any three cases in which bank can dishonour a cheque

• countermanding instruction

• antidated cheque

• death of a customer

• cash cheque

To call a person as 'a customer of a bank' he /she should satisfy any of the two following conditions. Tick that two conditions....

• the banker must have issued a pass book and cheque book

• a customer must deal with the bank frequently

• the person need not have an account with the banker

• The transaction between the person and banker must be in the nature of regular banking business and not casual transactions

The general relationship between banker and customer can be....(tick any two)

• agent and principal

• lender and borrower

• agent and owner

• debtor and creditor

In which of the following cases, a banker can disclose the facts about the account of customer? (tick any two)

• Disclosure in request of the customer's employer

• Disclosure in public interest

• Disclosure in response to enquiries

• Disclosure with respect to the assessment of the wealth of the customer

The general relationship between banker and customer may include

• pawner and pawnee

• Trustee and beneficiary

• Seder and receiver

• recepts snd expenditure

Fixed deposits are also called time deposits - state true or false

• True

• False

Customer of the bank is ............

• dealing on behalf of the beneficiary viz. firm, company or any organisation

• has a business relationship with the bank

• maintains an account with bank

• beneficiary of transactions conducted by professional intermediaries

Which of the statement(s) is(are) incorrect with reference to banker (debtors) and customer (creditor) relationship?

• Bank is free to use it in a way most beneficial to it

• Demand payment should be made by the customer

• Bankers are required to call customers for payment

• Customer have to Demand with Proper place and time of demand

• Does not call for any security