Top 50+ Solved Relationship between Banker and Customer MCQ Questions Answer
Q. Which bank have given the instructions to the commercial banks regarding the immediate credit ofoutstation cheques?
a. Reserve Bank of India
b. Central Bank
c. World Bank
d. All of the above
Q. A cheque dated subsequent to the date of its issue is
a. Post dated cheque
b. Blank cheque
c. Crossed cheque
d. Account payee cheque
Q. Dishonour of cheque by a banker without any justifiable reason is called
a. Valid dishonour of cheques
b. Unmindful dishonour of cheques
c. Negligence dishonour of cheques
d. Wrongful dishonour of cheques
Q. The relationship between a banker and customer is............
a. That of a debtor and creditor
b. That of a creditor and debtor
c. Primarily that of a debtor and a creditor
d. (a) and (b) together
Q. In executing the standing instructions, there exists a relationship of......
a. debtor and creditor
b. Trustee and Beneficiary
c. Bailee and Bailor
d. Agent and Principal
Q. To constitute a person as a customer.......
a. There must be frequency of transactions
b. There must be a dealing of a banking nature
c. There must be some sort of an account
d. There must be a single transactions of any nature
Q. The best procedure for opening an account in the name of a minor X and the guardian Y would beunder the style.............
a. 'X' Account
b. 'b'-Account- Minor
c. 'y' in trust for X
d. 'y' account
Q. The most undesirable customer is.......
a. A minor
b. A married Woman
c. An unregistered firm
d. An undischarged bankrupt
Q. The primary relationship between a banker and customer starts from the time.
a. when customer visits that bank
b. when customer opens account
c. when customer visits that bank to made queries
d. All of the above
Q. The primary relationship between banker and customer is a ------------------ relationship.
a. Mutual
b. Contractual
c. Personal
d. None of the above
Q. Which one of the following is the most important relationship between banker and customer.
a. Debtor and Creditor
b. Bailee and Bailor
c. Agency and Principal
d. Trustee and Beneficiary
Q. When customer's account overdrawn or when customer has taken loan from banker, then thecustomer.
a. Creditor
b. Agent
c. Debtor
d. Bailor
Q. When banker received deposits from the customer, then the banker becomes -------------- of thecustomer.
a. Debtor
b. Creditor
c. Bailee
d. Trustee
Q. It is a ----------------- obligation of a banker to honour the cheques of the customer drawn againstcurrent account.
a. Mutual
b. Statutory
c. Unstatutory
d. All of the above
Q. Special damages refers to damages payable by a banker to his customer for the actual ------------- losssuffered by customer.
a. Financial
b. Special
c. Unpecuniary
d. Unfinancial