Question
What is the major difference between a Cash Credit (CC)
and an Over Draft (OD) facility?Solution
Cash Credit (CC) is a short-term loan offered to self-employed customers and businesses to meet their working capital requirements, whereas an Overdraft facility is credit funding offered by banks to individuals and companies to withdraw money from the banks in which they have accounts, even if their account balance is low, zero or below. Â
Under the provision of section 105-A of the Code of Criminal Procedure, 1973, 'Identifying includes:-
Which international conference is referenced in the preamble of the Environment (Protection) Act, 1986 as the basis for its enactment?
Where a bill of exchange is drawn in a set of six, how many of them need to be proved?
Formal Certificate of dishonor issued by the Notary Public to the holder of Bill or Note on his demand, is called as:
Who is eligible to file a complaint with the District Commission regarding goods or services under the Consumer Protection Act?
Which of the following is an exception to S.132?
As per LLP act, body corporate includes -
With reference to Section 213 of the Code of Criminal Procedure, 1973- read the following illustration and select the correct option.
'A' is a...
Under Section 431 BNSS, when an appeal from acquittal is filed, the High Court may:
 Under Section 43(3), the police officer may use handcuffs while arresting a person—