Question
Which of the following is true about Cash Credit (Bank Loan)?
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 Interest is charged on the amount actually withdrawn.
More Static GA Questions
- Which substances are primarily responsible for the formation of ground-level ozone (GLO)?
- Three different positions of the same dice, which has numbers 56, 57, 58, 59, 60 and 61 are shown. Select the number that will be on the face opposite to t...
- Decision making in Capital Budgeting requires all information except-
- The Vedic Civilization in India flourished along the river_______.
- The Indian National Science Academy is headed by which Indian woman for the first time?
- Annuity calculation assumes that every payment is
- Which state assembly recently passed a bill granting reservation to Kapu community in state education and employment
- Which is the main language of Nagaland?
- Which of the following is the capital of Mongolia?
- Harirhar and Bukka laid the foundation of the Vijayanagar Empire under the influence of?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)