English

Write a Word Or Phrase Or a Term Which Can Substitute Each One of the Following: Overdraft Facility is Given to a Certain Definite Account Holder. - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Write a word or phrase or a term which can substitute  the following:
Overdraft facility is given to a certain definite account holder.

One Line Answer
One Word/Term Answer
Advertisements

Solution

Overdraft facility is given to a certain definite account holder. - Current account holder
Explanation:
Overdraft facility is provided to current account holders. According to this facility, a current account holder can withdraw amount more than what he/she has in his/her account but interest is charged over the amount overdrawn.

shaalaa.com
Role of Transport
  Is there an error in this question or solution?
Chapter 2: Business Services - Write a word or phrase [Page 83]

APPEARS IN

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×