Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q13: When a customer entrusts valuable items to the bank for safekeeping, what is the bank's role?

A
Agent
B
Trustee
C
Debtor
D
Creditor
✅ Correct Answer: B
Trustee.
The bank acts as a trustee in safekeeping scenarios.
This distinction is vital for answering advanced Banker Customer Relationship MCQs.