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      Question

      Which banking product mainly supports working capital

      needs of businesses?
      A Savings account Correct Answer Incorrect Answer
      B Fixed deposit Correct Answer Incorrect Answer
      C Cash Credit Correct Answer Incorrect Answer
      D Recurring deposit Correct Answer Incorrect Answer
      E Personal loan Correct Answer Incorrect Answer

      Solution

      Cash Credit allows businesses to withdraw funds up to a sanctioned limit to manage working capital. Why Other Options Are Incorrect β€’ A, B, D: Deposit products β€’ E: Retail product Banking Example: Small traders using CC limit for inventory purchase.

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