50.

51.

52.

58.

54,

55.

56.

Which Act lays down the law relating to payment of customer’s cheque by ೩ bank and also
protection available to a bank?

{A) Banking Regulation Act {B) Negotiable Instruments Act
{C) Investor Protection Act (D)} SEBI Act

Capturing the essential required particulars from the paper’ cheque to form ഈ electronic
image is Called :

{A) Crossing of cheque
{B) MICR cheque

)0 Truncation of cheque
(2) None of these

Which of the following grants protection to a collecting bank?

{A) Bank has in good faith and without negligence received payment for a customer in
properly opened account

{B) Bank has collected the payment through clearing system
(0 Bank has collected the payment in a properly opened account
0) Where the cheque deposited for collection was account payee and crossed

In societies. membership to local bodies is allowed as per :
(A} Kerala Co-operative Societies Act. 1969
(B} Kerala Co-operative Societies (Amendment} Act. 1999
{C) Both (A) and (B)
(2) None of these

The Bankers’ right to retain securities etc.. in respect of general balance due by their owner
to the banker is called :

{A) Particular Lien (3) General Lien
© Set- off (D) Appropriation

For Central or State Government, to file suit, the limitation period is
years as per limitation Act.1963

(¢) 38 years {B) 10 years
)0 20 years യ 80 years
A term loan shall be classified as Non Performing. if interest and / or installment of principal
of that loan remain overdue for a period of more than———— days:
(¢) 4bdays (3) 90days
(09 180days (0) 365 days
9 05/2019

[P.T.O.]