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Banking Awareness · Q56

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 56

Q56

In the matter of handling bills of exchange for collection, the relationship between customer and the bank is:

A.
Trustee and the beneficiary
B.
Principal and agent
Answer
C.
Bailor and Bailee
D.
All of the above

Answer: Option B

Solution

Answer: Option B
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