Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q23: What is the customer's role in a Creditor-Debtor relationship when they receive a loan?

A
Creditor
B
Debtor
C
Pledger
D
Pledgee
✅ Correct Answer: B
Debtor.
The customer becomes the debtor when they take out a loan.
Flipping these roles is a common error in Banker Customer Relationship MCQs.