Multiple Choice
After a customer has closed the account______
A) the banker is no more liable to observe secrecy of his account because the contractual relationship comes to an end
B) the banker is still bound by his duty of secrecy
C) the banker's duty of secrecy comes to an e
D) in terms of the provisions of the negotiable instrument act, 1881
Correct Answer:

Verified
Correct Answer:
Verified
Q15: A bill should be presented for acceptance
Q16: ……are treated as negotiable instrument by usage
Q17: Banker's lien is a type of security.<br>A)hypothecated<br>B)mortgaged<br>C)impli<br>D)pledge
Q18: Negotiation-back implies<br>A)return of the instrument back of
Q19: Drawing power in an account means<br>A)limit sanctioned<br>B)value
Q20: Negative lien means -<br>A)a declaration by a
Q21: The endorser will not liable to the
Q22: Lien becomes time-barred three years after<br>A)the date
Q24: Working Capital Gap means-<br>A)total current assets minus
Q25: Section 85(1) of the Negotiable Instrument Act