alleryBesides the legend, the passbook must also show the:
ANominee's number
BNominee's nature
CNominee's notice
DNominee's name
Answer & Solution
Correct answer: D. Nominee's name
1. The legend alone does not identify anyone.
2. The record has to be useful to the depositor.
3. The name of the nominee is indicated.
_Source: Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Directions, 2025_
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