FREQUENTLY ASKED QUESTIONS

1. What is meant by Letter of Introduction?

 

2. State the benefits of obtaining Letter of Introduction.

 

3. What are the items in the Application Form for opening a Bank Account?

 

4. What is meant by Specimen Signature Card?

 

5. Write about the First transaction between the Banker and Customer.

 

6. Explain about Cheque.

 

7. What is meant by Pay-in-slip?

 

8. What is meant by Passbook?

 

9. What are the steps to be followed for operation of the Account by an Agent?

 

10. Explain the steps in opening a bank account in detail.


BANKING by MRS. R. JEYALAKSHMI