Question
Which of the following bank facility allows a bank
customer to withdraw more money than is currently available in his/her account ?Solution
An overdraft (OD) facility is a financial arrangement between a bank and a customer, that allows the customer to withdraw more money than is currently available in their account . It is to withdraw money more than the balance available in their bank account to overcome working capital requirements. OD is a short-term loan that must be repaid as determined by the bank. It can be available even if the account balance is zero. Such a facility is available in both secured and unsecured ways. The borrower can be individuals, self-employed professionals, etc.
According to five kingdom classification, bacteria belong to kingdom
Which of the following does not act as antitranspirants in the plants?
In the preparation of audio-visual aids, the principle of ‘A’, ‘B’, ‘C’ signifies:
Which one of the following is NOT correctly matched?
Which of the following e-commerce initiatives is specifically designed for rural markets in India?
Muga culture is endemic to _____ and is the largest producer of the famous golden Muga silk in the world.
Which of the following pair is not correctly matched?
Given below are two statements:
Statement I: A pureline variety is a variety which obtained from many heterozygaus plants of cross pollinated cro...
Which legume crop is best suited as a summer catch crop in northern India after harvest of wheat to utilize residual moisture?
Indole 3-pyruvate is the primary intermediate of______ biosynthesis.
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