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Banking Relations

Which of the ...

Question

Which of the following relationships of banks refers to the relation between trustees and beneficiaries?

A

General

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B

Subsidiary

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C

Secret

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D

Special

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Solution

The correct option is B Subsidiary

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Similar questions

Q. Primary relationship refers to the relationship of trustees and beneficiaries, i.e, the bank and the customers.

Q. Which type of relationship defines the relation between a bank and its customers?

Q. Match the following banks with their beneficiaries.

A. NABARD - 1. Industries

B. EXIM - 2. Women empowerment

C. SIDBI - 3. Exports

D. Mahila - 4. Agriculture

Q. Which of the following refers to the money people put in banks and from which they earn interest?

Q. Which of the following is correct for special relationships?

(i) A special relationship is the one between bankers and customers.
(ii) Under it, the two categories are primary and subsidiary relationships.
(iii) It a special relationship because the banks maintain secrecy of the accounts of their customers.

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