πŸ“Š Banking and Insurance
Q. When a banks make an advance to lump sum, the whole of which is withdrawn in cashimmediately by the borrowers who undertakes to repaid it in installments, it is called
  • (A) Cash credit
  • (B) loan
  • (C) Home loan
  • (D) Personal loan
πŸ’¬ Discuss
βœ… Correct Answer: (B) loan

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