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प्रश्न
This implies procuring cash from a bank in exchange for credit instruments.
पर्याय
Cash credit
Overdraft
Discounting of bills
None of these
MCQ
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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.
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