IDBI BOC LU 1

Which of the following is not an OVD?

• PAN card

• Aadhar card

• Election ID

• Driving license

Which of the following operations is usually not allowed in savings account?

• Statement of account

• Mobile banking

• Avail a bank overdraft

• Deposit money

Who cannot be a natural guardian under Mohammedan Law?

• Father

• Executor appointed by father's will

• Father's father

• Mother

Which of the following instructions is incorrect?

• An illiterate person has to affix his thumb impression on the withdrawal slip before coming to the bank.

• An illiterate person must bring his passbook while withdrawing

• It is advised by the illiterate person to open a joint account

• Photograph of an illiterate person must be affixed

In case of a person who is ill and cannot come to the bank to withdraw cash __________ is/are needed to witness the transaction.

• 2 individuals of whom 1 person should be the bank official

• Two bank officials

• One bank official

• Two witnesses apart from the bank official

The payment made to a designated payee of an incapacitated person requires

• 2 witnesses who are known to the bank

• 1 witness who is known to the bank

• 2 witnesses of whom 1 is the bank officer who went to get the withdrawal slip

• 3 witnesses of which 1 should be the bank officer

Identify the incorrect statement/s

• Pardanashin women cannot open accounts

• The withdrawals of Pardanashin women requires 2 witnesses known to the woman

• The withdrawals of Pardanashin women requires 2 witnesses known to the bank

• Pardanashin women's photograph should be confirmed by the father or husband

Which of the following recommendations is given by the bank for visually impaired customers?

• Open a joint account with a mandate

• Open a joint account with a power of attorney

• Do not open an account

Identify the false statements with respect to account opened by visually impaired customers

• Facilities like internet banking and lockers is not available for them

• The bank officials have to explain the terms and conditions to the customers

• The person need not visit the branch for opening an account

• A rubber stamp indicating that a customer is visually impaired is affixed on the account opening form, specimen signature card and all documents

How many account holders would be there in an account operated as Either or Survivor

• 2

• 1

• More than 2