Question

Statement Type

Assertion (A): When a customer deposits money, the banker becomes a debtor.
Reason (R): Deposited money becomes the bank’s property.

• A. Both A and R are true and R explains A
• B. Both A and R are true but R does not explain A
• C. A is true but R is false
• D. A is false but R is true

Answer 1

Answer:

A. Both A and R are true and R explains A

Once deposited, money becomes the bank’s property, creating a debtor–creditor relationship.