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प्रश्न
______ is a revolving credit arrangement.
पर्याय
Overdraft
Discounting of Bills
Cash credit
Loans and Advances
MCQ
रिकाम्या जागा भरा
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उत्तर
Cash credit is a revolving credit arrangement.
Explanation:
Because the borrower can take up to his cash credit limit according to his needs and deposit any surplus, cash credit is a revolving credit arrangement.
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