Font size
WorksheetsFYBBI (Quiz 3)- Account Closure
Total questions: 12
Worksheet time: 2mins
Bank can close the account of the customer without any reason.
True
False
If the account holder dies, the bank will stop accruing the interest on that account.
True
False
Insanity of the account holder will be declared by________
Doctor
Court
Doctor and Court
Bank Officials
Insolvency means _________
Assets are more than liabilities
Assets are equal to liabilities
Assets are less than liabilities
None of the above
Customer may close the account because of the following reason except_____________
Timing
Location
Interest Rate
Interior of the Bank
Death of the account holder needs to be intimated by_____________
Government
Blood Relatives
Bank Officials
Municipal Offers
In case of the joint account, on the death of the one of the individual, the account will be be closed.
True
False
True only if it is intimated by the account holder
The following can open the savings account
Company
LLP
HUF
Individual
Residential status is dependent on ___________ of the individual.
Nationality
Time
Date of Birth
Passport
PIO stands for ____________
Person of Indian Origin
Place of Indian Origin
Purpose of Indian Origin
People of Indian Origin
Dual Citizenship is allowed in US.
True
False
Akshay Kumar is a Canadian Citizen.
True
False
