Bank Pass Book is a)Issued by Bankb)Contains the password of Bank acco...
A bank passbook is a document issued by the bank to its customers, which contains the transaction details of their bank account and shows the current balance in the account.
Bank Pass Book is a)Issued by Bankb)Contains the password of Bank acco...
Bank Pass Book
Introduction:
A Bank Pass Book is an important document issued by a bank to its customers. It serves as a record of all transactions made in a bank account and provides information about the account balance. It is a useful tool for individuals to keep track of their financial activities and monitor their account's status.
Issued by Bank:
The Bank Pass Book is exclusively issued by the bank to its customers. It is personalized and contains the customer's name, account number, and other relevant details. The pass book is a proof of the customer's ownership of the account and is an official document provided by the bank.
Transaction Details:
One of the main purposes of a Bank Pass Book is to provide a detailed record of all transactions related to the bank account. It includes information about deposits, withdrawals, transfers, and any other financial activities that occur within the account. Each transaction is recorded with the date, description, and amount, allowing the account holder to review and verify their financial activities.
Account Balance:
Another important feature of the Bank Pass Book is that it displays the current balance in the account. The pass book is updated regularly by the bank, reflecting the latest transactions and the resulting balance. This allows the account holder to know the available funds in their account at any given time.
All of the Above:
In conclusion, the correct answer is option 'A' - Bank Pass Book is issued by the bank. However, it is important to note that while the pass book is primarily issued by the bank, it also contains transaction details of the bank account and shows the balance in the account. Therefore, all of the given options are correct in describing the features and purpose of a Bank Pass Book.
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