Question : Which of the following is a not part of advancing of loans?
Option 1: Cash credit
Option 2: Demand deposits
Option 3: Short term loans
Option 4: Overdraft facility
Correct Answer: Demand deposits
Solution : Demand deposits is cash left in a bank account that the depositor can withdraw at any time, without giving prior notice to the bank. Hence Option B is correct.
Question : Which of the following is not a type of credit facility provided by banks?
Question : Which of the following is not a part of Cash and Cash Equivalents?
Question : The deposits which arise on account of loans by the banks to the people are called:
Question : How will you treat Bank Overdraft in a Cash Flow Statement?
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