Banking BS 1 Semester/Term 2017
Discussion
Ask a question about this paper, or help someone else with theirs. Answers are emailed to whoever asked.
No questions yet — be the first to ask.
Need a paper or stuck on a question? Ask here — students reply and you get an email.
Ask about a paper-
BS ZOOLOGY first semester Animal diversity ZOOL 101 - university of Punjab 2025
0 replies Reply → -
Literary criticism
1 reply Reply → -
this paper consists of 60 marks but now we have 35 marks paper.
1 reply Reply → -
Can you please tell me more past papers please because my exams are starting from next week
1 reply Reply → -
Did you provide the past papers of the science of society uos?
1 reply Reply →
More Banking papers
See all
Paper text
UNIVERSITY OF GHANA
(All rights reserved)
FIRST SEMESTER EXAMINATIONS, 2017/18
B.SC. (ADMINISTRATION), LEVEL 400
FINC 405: BANKING OPERATIONS
TIME ALLOWED: 2 hours and 45 minutes
INSTRUCTIONS: ANSWER ALL QUESTIONS IN SECTION A AND ANY THREE (3)
QUESTIONS IN SECTION B
SECTION A: Choose the most appropriate answer for the following questions. Each
correct answer carries 1 mark.
1. Legally, the relationship between a banker and its customer is which one of the following?
A. Membership
B. Contract
C. Custodian
D. Trustee
2. The relationship between a depositor and a banker is one of:
A. trustee and beneficiary
B. member and depositor
C. debtor and creditor
D. bailor and bailee
3. In the context of disclosing information that would otherwise be confidential, which one
of the following statements is true?
A. a bank always requires the consent of the individual concerned to disclose
confidential information
B. a bank may disclose if it is in the interests of the customer concerned
C. a bank need not disclose information on a customer unless a court order has been
made to this effect
D. a bank may disclose confidential information if it is in the public interest to do so
4. Overdrafts are normally repayable on which one of the following bases?
A. subject to seven days' notice
B. subject to one month's notice
C. on demand
D. by negotiation
Examiners: Dr. Jonathan Welbeck and Dr. Emmanuel Mensah
Page 1 of 1
