When a banker accepts the securities for safe custody, the relationshi – McqOptions

MCQOPTIONS

1.	When a banker accepts the securities for safe custody, the relationship between a banker and a customer is that of
A.	a debtor and a creditor
B.	trustee and beneficiary
C.	principal a
D.	agent
Answer» C. principal a

Discussion

No Comment Found

Related MCQs

The first development financial institution in India that has got merged with a bank is
.prepared a framework through a consultative process to secure international convergence of supervisory regulations governing the capital adequacy of international banks.
Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as
A Bank is under a statutory obligations to honour its customer's cheques vide
To be categorized as a schedule Bank the minimum capital & reserve required is
For Business process re-engineering and IT strategy which bank has employed Gartner
Banks extend need based working capital facilities as well as term loans to all NBFCs registered with
Which Bank has recently tied up with Apollo Hospital for financing medical facilities
Under the Banking Ombudsman scheme the value of claim shouldn't exceed
Banks can change rate of interest beyond spread announced by themon advances granted to