Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q1: In a Debtor-Creditor relationship between a bank and a customer, who is the debtor when a customer deposits money into an account?

A
The customer
B
The bank
C
Both are debtors
D
Neither is a debtor
✅ Correct Answer: B
The bank.
When a customer deposits money, the bank owes this amount to the customer, making the bank the debtor.
This is a fundamental concept in Banker Customer Relationship MCQs.