Banking General Awareness Banking System Question Bank Previous Years Questions - Banking and Banking Structure - Legal Aspects

  • question_answer
    With a view to facilitating payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country:  [IBPS 2011]

    A)  Will                             

    B)  Registration

    C)  Nomination                  

    D)  Indemnity

    E)  Guarantee

    Correct Answer: C


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