Ahmed is a muslim boy aged 15 years. Who is the natural guardian if his father M r.

Mohamed has died without leaving a will? -Nomination is done by filling up and signing a specific form prescribed by -Under which condition can savings bank and fixed deposit accounts be opened in the sole name of a minor? -What happens to Either or Survivor joint accounts if one of the account holders requests for stopping operations in the account by the other? -A child who has been brought up by a guardian, appointed by a court becomes a m ajor only on completion of 21 years of age -Bank should not accept operating instructions that cast ---------------- respon sibilities on the bank -All properties and assets of HUF belong to Karta. -Rahul and Veena have an E or S account . Due to a dispute, Rahul gives a reques t to the bank to stop operations in the account by Veena -Administrators are appointed by court. -A Hindu Undivided Family (HUF) is not a legal entity. (f)

-Ahmed is a muslim boy aged 15 years. Who is the natural guardian if his father Mr.Mohamed has died without leaving a will? fat of fat -Rahul and Veena have an E or S account . Due to a dispute, Rahul gives a reques t to the bank to stop operations in the account by Veena -Can it be assumed that a proprietorship account is basically an individual acco unt? -The Power of Attorney can grant -Nomination is done by filling up and signing a specific form prescribed by -The Power of Attorney can grant -To open a bank account, the bank requires . -A child who has been brought up by a guardian, appointed by a court becomes a m ajor only on completion of 21 years of age -The proprietor of a concern cannot authorise a mandate holder or appoint a nomi nee when required (f) -Rahul and Veena have an E or S account . Due to a dispute, Rahul gives a reques t to the bank to stop operations in the account by Veena -When a customer cannot affix thumb impression due to physical defect, he cannot open an account in his sole name. -Muthu, an illiterate customer has opened a bank account. Which of the following is acceptable when we wants to withdraw cash ?

-Executors and administrators can borrow up to Rs. 5 lakh from the estate. -A child who has been brought up by a guardian, appointed by a court becomes a m ajor only on completion of 21 years of age -Bank should not accept operating instructions that cast ---------------- respon sibilities on the bank -The Power of Attorney can grant -A Hindu Undivided Family (HUF) is not a legal entity. -Administrators are appointed by court.