Question

Which of the following is correct?
खालीलपैकी कोणते बरोबर आहे?
Bankers have right to combine one or more
accounts of the same customer cart Schle
ग्राहकाची एक किंवा अधिक खाती एकत्रित
करण्याचा अधिकार आहे
A customer has no right to treat two accounts as
One or combine them. / ग्राहकाला दोन खाती एक
म्हणून मानण्याचा किंवा ती एकत्र करण्याचा
अधिकार नाही​

Answer 1

Answer:

1st statement is true

Explanation:

When a banker combines two accounts in the name of the same customer and adjusts the debit balance in one account with the credit balance in other account, it is called right of set-off.

Answer 2

"Bankers have the right to combine one or more accounts of the same customer cart" is the correct statement

Explanation:

• A debtor's right of set-off allows them to reduce the amount owing to a creditor by balancing any amounts owed by the creditor to the debtor.
• The accounts must be in the same name and under the same legal entity.
• The first and most fundamental need for using the right of set-off is that the bank accounts must not only be in the same name, but also in the same right.
• A bank, for example, can confiscate money from a customer's bank account to cover the cost of outstanding debt.

Therefore the first statement is correct