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Distinguish between overdraft and cash credit. - Commercial Studies

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प्रश्न

Distinguish between overdraft and cash credit.

अंतर स्पष्ट करें

उत्तर

S. No. Basis of Distinction Overdraft Cash credit
1. Availability This is only available to individuals with a bank current account. Available to people without a current account.
2. Period For several days. For a long time, such as two months.
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अध्याय 14: Banking - EXERCISES [पृष्ठ २५७]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 14 Banking
EXERCISES | Q 21. | पृष्ठ २५७
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