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BNK601 Banking Laws & Practices


BNK601 Banking Laws & Practices

BNK601 Banking Laws & Practices.

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Latest Activity: Jul 10, 2017

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BNK501 Quiz

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Started by Cute S@mra May 8, 2017.

BNK601 Final stuff

total questions : 36 mcq:24questions : 12 (6 q of 3 marks & 6 q of 5 marks)my today's paperquestion:define "Medium enterprise" keeping in view the prudential regulation for SME financing?…Continue

Started by Cute S@mra Jan 16, 2017.

BNK601 Banking Laws & Practices Mid Term Papers at one place ! 23 Replies

BNK601 Banking Laws & Practices Mid Term Papers at one place !BNK 6011.All of the following are types of financial market, EXCEPT:  Foreign exchange marketsStock marketsBond marketsFuture…Continue

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Started by + "ɲąďɨą Ќhąɲ"+(Final Thesis). Last reply by + caмe4ѕтυdιeѕ Dec 7, 2016.

BNK601 Banking Laws & Practices Current Final Term Papers from 22 August 2015 to 02 Sep 2015!

Assalm o Alikum ! Please Share Your  Current Papers Here in the Reply of Dicussion FOr Help Each Other !Regards ! "ŇÃĎĮÃ ЌĤÃŇ (S.ÃĎϺĮŇ)"Best of Lcuk!Continue

Tags: 2015, August, 22, to, 02

Started by + "ɲąďɨą Ќhąɲ"+(Final Thesis) Aug 8, 2015.

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1st Semester
Comment by Naureen Zafar on January 25, 2017 at 8:27pm


Mr. Ali and Mr. Zeeshan operate a current account jointly with operating instructions/mandate as “Either or survivor”. One day, Mr. Ali mistakenly issued a cheque for Rs. 50,000 instead of Rs. 5,000 to vendor Celltronics. The mistake was, however, identified after the cheque was delivered to the client. Additionally, Celltronics deposited the cheque into its bank account the following day. What is the procedure that payment may not be made to the vendor? Will both parties be required to give instructions to the bank keeping in view above mandate and joint nature of account? Lastly, what would be the procedure for withdrawal of such instructions so that the cheque could be encashed?


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