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      Question

      Which of the following credit facilities is demandable

      at any time by the bank?
      A Term Loan Correct Answer Incorrect Answer
      B WCTL Correct Answer Incorrect Answer
      C Overdraft Correct Answer Incorrect Answer
      D Foreign Currency Loan Correct Answer Incorrect Answer
      E Debentures Correct Answer Incorrect Answer

      Solution

      Overdraft is a demand facility, repayable on demand by the bank.

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