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

  • question_answer
    Your bank's customer XYZ enjoys a CC limit of Rs. 100000. The CC account shows a credit balance of 10205. The relationship between your bank and XYZ limited is

    A)  debtor/creditor

    B)  creditor/debtor

    C)  bailor/bailee

    D)  bailee/bailor

    E)  None of these

    Correct Answer: A


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