ibps-so 2016 · Question 36 of 394

The methods and procedures cell of Chandrabhaga Urban Bank has standardised the paper upon which a customer applies to open a recurring deposit. The sheet carries the bank's name, a serial number, and a set of printed captions — name, address, tenor, monthly instalment, nominee, signature — each followed by ruled boxes which are empty when the sheet is printed and which the customer or the clerk lls in. The captions never change from one sheet to the next; only what is written in the boxes changes. The cell has been asked to record, in the manual, what such a business document is called and what distinguishes it. A form, as a business document, is correctly de ned as:

1. AA document carrying xed printed captions together with blank spaces into which variable data is entered, so that the same items of data are captured in the same arrangement upon every occasionCorrect
2. BA document that reports data already captured, arranged and totalled for the use of management
3. CA document that records the terms agreed between the bank and the customer and binds them both in law
4. DA document that authorises a payment out of an account and must be signed by two o cers
5. EA document that lists, in chronological order, every transaction posted to an account during a stated period