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Ram has been nominated in the Savings Account of Sita. Ram requests the bank authorities to allow him to operate Sita’s account as she is unwell. What will the bank do?
Bank will allow Ram to operate the account as he is the nominee
As nomination will come into effect only after death of depositor, Bank will not allow
As Ram is husband of Sita in addition to being the nominee, the bank should allow
Out of pity for Sita and on account of long term relationship, the Bank may allow
Bank can take a promissory note from Ram and allow him to operate the account.
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