Multiple choice

For the purpose of application of Bankers’ Book Evidence Act, the bankers’ books include

(a) records kept as back-up (b) records available as disaster recovery (c) records on micro film (d) records in physical form

  1. Only (d)

  2. Only (c) and (d)

  3. Only (a), (c) and (d)

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

“Bankers' books” include ledgers, day-books, cash-books, account-books and all other records used in the ordinary business of the bank, whether these records are kept in written form or stored in a micro film, magnetic tape or in any other form of mechanical or electronic data retrieval mechanism, either onsite or at any offsite location including a back-up or disaster recovery site or both. Thus, all the statements are correct.

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