Economics · Banking Law
A customer, Mr. Sharma, has rented a safe deposit locker from the SBI Bank under an agreement. Which of the following best describes the type of relationship created between the bank and Mr. Sharma?
- 1Trustee and Beneficiary
- 2Bailee and Bailor
- 3Agent and Principal
- 4Lessor and Lessee✓
Correct answer
Lessor and Lessee
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!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Banking Law?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking Law