Question
The credit facilit y availed from banks, that is
typically used for financing the day-to-day operations of a company/firm is ___ ________Solution
Revolving credit, or more commonly known as Cash Credit or CC limit, is a short-term financing facility typically used for covering day-to-day business operations such as purchasing current assets like raw materials, maintaining receivables, and managing stocks .
Which ministry is responsible for the development of the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat?
Which two Indian American scientists were awarded the National Medal of Technology and Innovation by US President Joe Biden at the White House?
Who is the author of the book “Lal Salaam”?
What does the 'Sangam: Digital Twin' initiative by the Department of Telecommunications (DoT) aim to achieve?
The Department of Personnel and Training (DoPT) recently notified the Public Examinations (Prevention of Unfair Means) Act, 2024. This Act includes a pr...
What happens to the Atal Pension Yojana (APY) benefits if both the subscriber and their spouse pass away?
Consider the following statements about pulses:
(I) Pulses are known to fix atmospheric nitrogen into the soil.
(II) Pigeon Pea helps in r...
What is the primary purpose of the Unified Genomic Chip introduced for cattle?
When was the Make in India Initiative launched?
In December 2020, the Ministry of Home Affairs declared the entire State of ______ as a ‘disturbed area’ for six more months under the Armed...
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