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Ram has been nominated in the Savings ac...

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 ?

A

Bank will allow Ram to operate the account as he is the nominee.

B

As nomination will come into effect only after death of the depositor, Bank will not allow.

C

As Ram is, the husband of Sita in addition to being the nominee, the Bank should allow.

D

Out of pity for Sita and on account of long term relationship . The bank may allow

Text Solution

Verified by Experts

The correct Answer is:
B
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