1201. In case, Deposits can be made only up to a certain amount and withdrawals are allowed only twice or thrice a week, not exceeding a certain amount is :

A. Current Account
B. Saving Bank account *
C. Fixed deposit account
D. None of the above

1202. When a certain amount is deposited for a fixed period such as six months, one year or longer ,such type of account is :

A. Current account
B. Saving bank account
C. Fixed deposit account *
D. None of the above

1203. When a customer is authorized to borrow up to an agreed amount in excess of the customers bank balance , if will be called :

A. Bank Overdraft *
B. Bank under draft
C. Bank Balance
D. None of the above

1204. When a commercial bank advancesa fixed sum for a definite period of time, it will called :

A. Overdraft
B. Loans *
C. Under draft
D. None of the above

1205. Which of the following needs to be completed? When the money should be deposited:

A. Draft
B. Cheque
C. Pay-in-slip *
D. Pay order

1206. A customer can withdrawal from his account or make payment to various parties ” by issue of :

A. Pay-in-slips
B. Cheques *
C. Overdrafts
D. None of the above

1207. In the books of the bank, whenever an account is opened the customer is finished with a :

A. Bank-pass book *
B. Cheque book
C. Pay-in-slip book
D. None of the above

1208. When two parallel lines are drawn across the face of cheque , it is said to be :

A. A bearer cheque
B. An order cheque
C. A crossed cheque *
D. None of the above

1209. When the cheque is paid by the draw bank, it is said to be :

A. Honoured
B. Dishonoured
C. Endorsed *
D. None of the above

1210. When the cheque is not paid by the drawee bank, It is said to be :

A. Honoured
B. Dishonoured
C. Endorsed
D. None of the above *