Start learning →

Match each legal right of a banker with its statutory basis:

A1-A, 2-B, 3-C
B1-B, 2-A, 3-C
C1-C, 2-B, 3-A
D1-A, 2-C, 3-B
Answer & Solution
Correct answer: A. 1-A, 2-B, 3-C
Lien retains securities under Section 171, Set-off combines accounts, Clayton's rule applies FIFO appropriation.
Practise this question with Quill — IBPS Clerk →

Keep practising Banker-Customer Relationship

Browse all Banker-Customer Relationship questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a Banker-Customer Relationship lesson →