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Distinguish between overdraft and cash credit. - Commercial Studies

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प्रश्न

Distinguish between overdraft and cash credit.

फरक स्पष्ट करा

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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पाठ 14: Banking - EXERCISES [पृष्ठ २५७]

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