Question

A Bank Pass Book is a small booklet in which the details of all ledger entries in respect of banking transactions appearing in the books of bank are entered for the knowledge of account holder.

• A. True
• B. False

Answer 1

The correct option is A True

A Bank Pass Book is a statement that shows the transactions that occur is a customer's account. The bank maintains customer's account which are further copied/transferred to the Bank Pass Book. Pass Book is maintained so that the customer can refer the transactions that have occurred over a period of time.