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प्रश्न
Correct the underlined word and rewrite the following sentence:
Under Cash Credit facility businessman /Accountholder can overdraw from his account.
उत्तर
Under Overdraft facility businessman /Accountholder can overdraw from his account.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
Generally Interest is not paid on ___________ deposit account
Write a word or a term or a phase which can substitute the following statement:
Negotiable Instrument which can be discounted with the bank.
State whether the following statement is true or false :
Board resolution is not required to open the Current Account with the bank.
State whether the following statement is true or false :
Bank account of company is operated by shareholder.
State whether the following statement is true or false :
Bank overdraft facility is a long term facility.
Find the odd one:
Complete the sentence:
A facility under which a customer can overdraw money from his account is called as ___________.
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Overdraft | __________ |
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| Primary Function | __________ |
Select the correct option from below
| Group ‘A’ | Group ‘B’ |
| ________________ | Current Account |
Attempt the following:
Write a letter to the bank to stop payment of cheque.
Attempt the following:
Write a letter requesting the bank to issue a letter of credit.
Attempt the following:
Write a letter requesting the bank for granting overdraft facility
Distinguish between the following:
Loan and overdraft
Explain the following term/concept:
Discounting of Bills
Explain the following term/concept:
Cash Credit.
Explain the following term/concept:
Current deposits
Explain the following term/concept:
Savings Deposits
Explain the following term/concept:
Loans
