Banking General Awareness Banking in India Question Bank Practice Questions - Banking in India

  • question_answer
    The legal relationship between a bank and its customer is a kind of
    I. debtor and creditor.
    II. principal and agent.
    III. pledger and pledgee.
    IV. mortgagor and mortgage.
    Select the correct answer using the codes given below:

    A)  I and III                       

    B)  I, III and IV

    C)  I, II, III and IV  

    D)  I and II

    E)  I, II and III

    Correct Answer: C


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