Saturday, October 10, 2009

part 10

43. The term Allonge refers to
a) The sheets of paper used in writing a deed
e)   The stamps affixed on document
f)     A sheet of paper attached to mortgage deed for the purpose of witness
d) A sheet of papers attached to a negotiable instrument for the purpose of making endorsement thereof when there is no space in the instrument
Ans: (d)

44. The provision of Consumer Protection Act, 1986 are applicable to the services rendered by the Banks
a)   To the customers of the bank only
b)   To the customers and the users of services irrespective of against consideration or free services
c)    To the customers and any user of Bank’s services against consideration
d)   None of these
Ans: ( c )

45. As per section 16 of the Banking Regulation Act, 1949 a person can be appointed as a director of how many banking companies
a)   Three
b)   Two
c)    One
d)   Four
e)   None of these
Ans: ( c )

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