Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q14: Which legal framework is relevant when a bank manages the estate of a deceased person?

A
Contract Law
B
Trust Law
C
Succession Laws
D
Property Law
✅ Correct Answer: C
Succession Laws.
Succession Laws and Probate Laws govern the management of deceased estates.
This knowledge is essential for specific Banker Customer Relationship MCQs.