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  • Legal and Regulatory Aspects of Bank (JAIIB)- 5
  • A person promising to save another from loss is called
Multiple choice

A person promising to save another from loss is called

  1. indemnified

  2. indemnifier

  3. collecting banker

  4. paying banker

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

An indemnifier is someone or something that protects another against or compensates for the loss or damage.

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