MCQOPTIONS
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				| 1. | 
                                    The arrengement in which entire amount of borrowing is credited to the current account of the borrower or realised in cash is called as_________ | 
                            
| A. | letter of credit | 
| B. | bank overdraft | 
| C. | loan | 
| D. | bill discounting | 
| Answer» D. bill discounting | |