Multiple Choice
When the customer borrows money from the bank, the bank becomes the
A) Debtor
B) Trustee
C) Creditor
D) Underwriter
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: What types of deposits earn higher interest
Q2: Different types of advances are<br>A)Loans, cash credit
Q3: The banker customer relationship in credit card
Q4: Overdraft facilities are allowed in<br>A)Current account only<br>B)Savings
Q5: There is no interest on deposit in
Q7: In recurring deposits,<br>A)a fixed sum is deposited
Q8: Which one of the following is the
Q9: Which one of this is not a
Q10: Which bank deals with short-term credit<br>A)Agricultural B<br>B)Commercial
Q11: Interest on saving deposits is paid<br>A)every month<br>B)quarterly<br>C)half