Question
In a scenario where an account holder overdraws their current account without an express, written agreement, and the bank chooses to honor the cheque, what legal relationship or status is created according to judicial precedent?
More Financial Management Questions
- Based on the provisions of the Companies Act, which of the following statements correctly reflects the Board meeting requirements for a company?
- How frequently are Credit Institutions (CIs) required to keep the credit information updated with Credit Information Companies as per RBI guidelines?
- Which of the following risks are considered as non financial risks faced by a bank
- Which of the following actions is NOT permitted in the issuance of Commercial Paper (CP) and Non-Convertible Debentures (NCDs) with a maturity of up to one...
- What does the Annual Survey of Industries (ASI) primarily offer insights into?
- A corporate project has an Internal Rate of Return (IRR) of 16%. The company’s actual weighted average cost of capital (hurdle rate) is 12%. Without knowin...
- Which of the following term is used to describe the conditions imposed by the lender on the borrower that certain activities will or will not be carrie...
- Which of the following is not a type of pension plan in India?
- Vikram is a marketing head in the organisation. Which of the following tasks best describes the directing function being performed by Vikram?
- What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)