MCQ
A bank is an institution which accepts_________from the public and advances _________.
- ✓Deposits, loans
- BLoans, deposits
- CCash, cash
- DLoan, loan
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| Column - I | Column - II |
| (a) Capital Expenditure | i Repairs costing 600 carried out on a boiler |
| (b) Revenue Expenditure | ii Advertising expenses ₹25,000 incurred for launching a new product in the market. |
| (c) Deferred Revenue Expenditure | iii Interest received |
| (d) Revenue Receipts | iv A sum of ₹15,000 spent on the overhauling of a second-hand delivery van. |