Multiple choice

The banker customer relationship arises from various types of services rendered by the bank. Which of these is not correct?

(a) deposit (b) lending (c) remittances such as demand drafts etc. (d) allowing withdrawals

  1. (c) only

  2. (d) only

  3. (c) and (d) only

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Various types of services rendered by the bank: (a) Accept deposits from public (b) Lend or invest the money so collected by way of deposits (d) Allow withdrawals of deposits on demand or by any other means

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