Advertisements
Advertisements
प्रश्न
This implies procuring cash from a bank in exchange for credit instruments.
विकल्प
Cash credit
Overdraft
Discounting of bills
None of these
MCQ
Advertisements
उत्तर
Discounting of bills
Explanation:
Discounting of bills refers to obtaining cash from a bank by selling a bill of exchange (credit instrument) before its maturity in exchange for a reduced amount.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
