Question
Which of the following is true about Cash Credit (Bank
Loan)? I. Cash credit is an arrangement whereby the bank allows the borrower to draw amount up to a specified limit. II. Interest is charged on the amount actually withdrawn.Solution
The correct answer is C
More Economy and Banking and Finance Static Concepts Questions
√28561.11 × √ 960.9 – (18.02)2 =? × 4.95
5275 of 105% + 99.07 × 17.889 =?
...(245.98 + 198.12) ÷ (11.032 - 9.99) × 21.12 = ?2 - 16.12
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(√ (5475.5) + √ (1024.2)) - √ (4095.8) ÷ (√ (143.9) × √ (15....
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
78% of 1450 + 26² = ? + 1323 ÷ 17
[√ (121.23) ÷ √ (12100.04)] × √ 80.95 = 3/10 + ? ÷ 4
...80.09 * √144.05+ ? * √224.87 = (2109.09 ÷ √1368.79) * 19.89
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