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If a joint account is to be operated “Jointly”:
In a “Latter or Survivor” mandate:
In a “Former or Survivor” joint deposit:
In an “Anyone or Survivor” mandate for more than two holders:
In an “Either or Survivor” account, during the lifetime of both account holders, operation is allowed by:
Executors and administrators operate accounts:
When dealing with an agent operating a principal’s account, the banker must check:
An undischarged bankrupt / insolvent is generally:
Accounts of clubs, societies and non‑trading associations are generally operated as per:
For a trust account, the banker must carefully examine:
A Hindu Undivided Family (HUF) account is operated by:
For a private company’s account, the operating instructions are taken from:
For a joint stock company’s bank account, the bank must primarily verify:
A partnership firm’s bank account is normally opened:
Pardanashin ladies are given special protection because:
As a rule, banks should not open an account in the sole name of a person of unsound mind (lunatic) because:
As a matter of prudence, a banker should be cautious in opening or operating accounts of:
A married woman can open a bank account:
For a blind / visually impaired person, banks should:
For an illiterate customer, a bank should normally:
On a minor attaining majority, the correct banking practice is to:
A bank normally opens which type of account in the sole name of a minor (without guardian, if permitted by rules)?
In an “Either (Or) Survivor” account, after the death of one holder:
When a customer is found to be an undischarged bankrupt, the bank should:
Clubs and societies are usually:
A company’s bank account must be supported by:
On the death or retirement of a partner, the bank should obtain:
Partnership accounts are governed by:
The person managing a Hindu Undivided Family account is called:
A trustee must not:
Trusts are governed by which law?
Executors must produce which document to operate an estate account?
Executors must produce which document to operate an estate account?
Executors operate accounts of:
An account operated by an agent is based on:
The main precaution in dealing with a Pardanashin lady is:
Loan against husband’s property requires:
A married woman can obtain a bank loan if:
Literate visually impaired customers are eligible for:
For illiterate visually impaired persons, thumb impression is accepted:
Two minors can open a joint account together.
A minor below 10 years can open a bank account:
The person who requests the issuance of a Garnishee Order is called?
The customer whose account is affected by a Garnishee Order is referred to as a:
What does a Garnishee Order instruct the bank to do?
A Garnishee Order is issued by:

A banker may refuse to honor a cheque if:

  1. There is a legal bar preventing the payment of the cheque

  2. The cheque is handwritten

  3. The customer has made any online transaction on the same day

A banker is generally obligated to maintain the secrecy of a customer's account. However, this obligation can be waived if:
Which of the following is required for a banker to honour a customer’s cheque?
Loans given against the title of goods and do not take physical custody of goods is :