Banking · Legal Aspects of Banking
A banker holds certain securities of a customer as collateral for a loan. The customer later requests the return of these securities before repaying the loan. Which banker's right applies in this scenario to retain the securities?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Right of Retainer
- 2Right of Appropriation
- 3Right of Lien✓
- 4Right of Set-off
Correct answer
Right of Lien
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Legal Aspects of Banking MCQs →Want more practice questions on Legal Aspects of Banking?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Legal Aspects of Banking