Question
Which of the following facilities is given to the
individual to continue withdrawing money even if he/she has no enough funds in his/her account?Solution
An overdraft  is an extension of credit from a lending institution when an account reaches zero. An overdraft  allows the individual to continue withdrawing money even if the account has no funds in it or not enough to cover the withdrawal.
More Economy and Banking and Finance Static Concepts Questions
- What will be come in place of (?) in the given expressions.
725 – [32 × 5 + {144 ÷ 12}] = ? Find the simplified value of the given expression
70 % of 640 + 75 % of 360 - 19 × 12 = ?
What will come in the place of question mark (?) in the given expression?
{(2/15) + (12/25)} of 375 + 190 = ?% of 375
140% of 9/8 of ? = 108% of 2800
2945 – 1508 + 3454 = ? + 2255
What will come in place of (?) question mark in the following expression.
(123 ÷ 62) × 15 - 120 = ?
[(4 √ (7) + √ (7)) × (7 √ (7) + 6 √ (7))] - 87 = ?
...5490 ÷ 15 × 18 + 450 = ?
- What will come in the place of question mark (?) in the given expression?
?² = 28% of 35% of 4500
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