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SOURCES OF FINANCE — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesSOURCES OF FINANCE1 Mark
MCQ
This implies procuring cash from a bank in exchange for credit instruments.
  • ✓
    Cash credit
  • B
    Overdraft
  • C
    Discounting of bills
  • D
    None of these
✓

Answer

Correct option: A.
Cash credit
A

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