Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q11: In a Principal-Agent relationship, who is the Agent?

A
The customer
B
The bank
C
A third-party guarantor
D
The government
✅ Correct Answer: B
The bank.
The bank acts as an agent when instructed to perform financial transactions.
This role is a core component of Banker Customer Relationship MCQs.