When the customer borrows money from the bank, the bank becomes the
A) Debtor
B) Trustee
C) Creditor
D) Underwriter
Correct Answer:
Verified
Q5: Which one of this is not a
Q6: Maximum amount of interest can be procured
Q7: There is no interest on deposit in
Q8: IDBI stand for
A)International Debit Bank Incorporate
B)Industrial Debit
Q9: When a customer Deposits money with a
Q11: Overdraft facility can be enjoyed in which
Q12: Overdraft withdrawal is a
A)Short term loan
B)Medium term
Q13: A kind of deposit where depositor is
Q14: What types of deposits earn higher interest
Q15: In recurring deposits,
A)a fixed sum is deposited
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