Under the new Act, when can a bank officer be required to appear as a witness or produce a banker's book?
- A.Whenever any party to a case asks for it
- B.Only under a written order of the court recording a special cause
- C.Only with the prior approval of the Reserve Bank
- D.Only if the bank is a party to the proceeding
Correct answer
Explanation
The correct answer is only under a written order of the court recording a special cause. The Act allows the contents of a banker's book to be proved by a certified copy without producing the original, so an officer is not ordinarily compelled to appear, and it protects officers from routine appearance where the bank is not a party. The Act then lists what counts as special cause: uncertainty about the accuracy or authenticity of an entry, an interruption in the regularity of record keeping, or the bank's failure to comply with an earlier court order on inspection or production. Option A ignores that protection entirely. Option C brings in an approval that the Act does not require. Option D states a circumstance rather than the legal test, so it too is wrong.
Read the full article: Bankers' Books Evidence Act 2026 Replaces 1891 Law from 1 October
Practice Questions
The Bankers' Books Evidence Act, 2026 replaces which earlier law?
- A.The Bankers' Books Evidence Act, 1891
- B.The Indian Evidence Act, 1872
- C.The Banking Regulation Act, 1949
- D.The Negotiable Instruments Act, 1881
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The new Act carries the same name with the new year and takes the place of the colonial-era statute, which was framed at a time when banking systems were entirely paper-based.
Read the full explanation →From which date does the Bankers' Books Evidence Act, 2026 come into force?
- A.1 April 2026
- B.1 October 2026
- C.1 January 2027
- D.15 August 2026
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The backgrounder states plainly that the Act comes into force on that date and replaces the older law of the same name from then.
Read the full explanation →Investigations and inquiries under which code are expressly covered by the Bankers' Books Evidence Act, 2026?
- A.Bharatiya Nyaya Sanhita
- B.Bharatiya Sakshya Adhiniyam
- C.Bharatiya Nagarik Suraksha Sanhita, 2023
- D.Code of Civil Procedure, 1908
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The Act states that it will be used in any legal proceeding, in arbitration, and in any investigation or inquiry under that Sanhita or under any other law for the time being in force, wherever evidence is or may be taken.
Read the full explanation →How many branches does Tamilnad Mercantile Bank operate, as stated at its 105th Foundation Day?
- A.432 branches in 12 States
- B.632 branches in 17 States and four Union Territories
- C.832 branches in 21 States
- D.532 branches in 15 States and two Union Territories
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This network figure was cited by the Vice President at Thoothukudi as a measure of how far the bank has travelled from its beginning in 1921 as Nadar Bank Limited.
Read the full explanation →Who attended the 105th Foundation Day celebrations of Tamilnad Mercantile Bank at Thoothukudi as chief guest?
- A.The President of India
- B.The Vice President of India
- C.The Union Finance Minister
- D.The Governor of the Reserve Bank of India
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The correct answer is the Vice President of India, C. P. Radhakrishnan, who graced the 105th Foundation Day celebrations of Tamilnad Mercantile Bank at Thoothukudi and called upon the bank to aspire to rank among India’s leading private sector banks.
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