81. The Government derives
maximum revenue from (d)
(a) Income tax (b) Customs
(c) Sales tax (d) Excise duty
82. Which of the following
may be adjudged as insolvent? (b)
(a) Minor (b) Married woman
(c) Firm (d) Lunatic
83. X and Y have joint
account. A Garnishee order was served on X who does not have an individual
account. Bank shall (c)
(a) Attach the joint
account
(b) Attach 50% of the joint
account like attachment
(c) Not attach the joint
account
(d) All the above
84. Non-registered firm
cannot (a)
(a) Sue its partners or
debtors (b) Be sued by its creditors
(c) Be sued by its own
partners (d) None of the above
85. Sets of Garnishee Order
(d)
(a) 3 (b)
5
(c) 4 (d)
2
86. Appropriation of
accounts is provided in (b)
(a) Negotiable Instruments
(b) Banking Regulation Act,
1949
(c) Indian Contract Act,
1872
(d) All the above
87. A cheque becomes stale
after (c)
(a) 2 months (b)
3 months
(c) 6 months (d)
12 months
88. Bank conducts
Government business at its branches as an agent of (a)
(a) RBI (b)
SBI
(c) Government of India (d) None of the above
89. The validity period of
a challan/bill passed by a Treasury Officer is for
(b)
(a) 7 days (b) 10
days
(c) 14 days (d) 20
days
90. A draft for Rs. 18,000
is issued in which series? (c)
(a) OT (b)
TT
(c) OL (d)
OM
91. Minimum period for
which a locker can be hired is (c)
(a) 1 week (b) 3
months
(c) 6 months (d)
12 months
92. When a fixed deposit
receipt is kept with the bank for its safety, it is known as (a)
(a) Safe custody (b) Safe deposit
(c) Locker (d)
Valid safe deposit
93. Rupee Traveller Cheques
are for a period of (d)
(a) 6 months (b)
12 months
(c) 24 months (d) Unlimited
94. India’s 7th Export
Processing Zone is being set up at (c)
(a) Mumbai (b)
Visakhapatnam
(c) Cochin (d)
Chennai
95. Gilt-edged securities
are (b)
(a) Shares of a private
limited company
(b) First-class Government
securities
(c) Shares of a company
(d) None of the above
96. Certificate of Deposits
can be issued for a minimum period of (b)
(a) 45 days (b) 3
months
(c) 6 months (d)
1 year
97. Telegraphic Transfer
Receipt is a (c)
(a) Bearer instrument (b) Order instrument
(c) Non-negotiable (d) Business letter
98. A gift cheque is (c)
(a) A negotiable instrument
(b) An order instrument
(c) Simple receipt
(d) A quasi-negotiable
instrument
99. If a payee of a mail
transfer does not maintain account (a)
(a) Banker’s cheque will be
issued
(b) M. T. will be credited
to Sundry Deposit Account
(c) Draft will be issued
(d) New account will be
opened
100. Which of the following
can delegate his power to a third person? (c)
(a) Liquidator (b) Executor
(c) Individual (d) Partner
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