In the case of individuals and HUF, tax will be deducted at source if the interest on term deposit

in a financial year is : more than Rs 10,000

Within priority sector, what is the allocation to weaker section? : 25%
Nomination facility is not available in the case of : Trust A/c.
The facility of nomination is not available to Trust account because it is account : Non-individual
(facility of nomination is available only in the case of individual(s).
An endorsement in which endorser excludes his liability is called: sans recourse
There is a joint account in the name of A&B. A cheque is drawn by A but the alteration in the
amount is authenticated by B. Whether bank can pay the cheque: Yes provided the operation is
either or survivor.
InthecaseofIPO,thecompanyisrequiredtoallotsharesormakerefundwithin:30daysoftheclosureof
theissueincaseoffixedpricepublicissues;15daysincaseofbookbuiltissuesand15daysincaseofrightiss
ues
FIUstandsfor:FinancialIntelligenceUnit(India)
Alistedbank hastoprepareandpublishbalancesheetonquarterlybasisasper:SEBIguidelines
Format of Cheque has been prescribed in which Act?: None because it is as per Practice and
Usage
As per Prevention of Money laundering Act, preservation of records relating to closed accounts
upto: 5 yr from date of closure of account.
Counterfeitnotereceivedatthecounterwhattobedone?:Impoundthecurrencynote.
Lockercanbebrokenopenafternoticetothehirerifthesameisnotoperatedfor:morethanthreeyearsfo
r mediur-nriskcategoryoroneyearforahigherriskcategory,andthelocker-
hirerdoesnotrespondnoroperatesthe locker.