------- is a temporary financial arrangement by the bank to draw more than the amount standing to his credit.

Related MCQs

• Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through which of the following?
• Which bank came into existence in the year 1921 when three banks namely, Bank of Bengal (1806), Bank of Bombay (1840) and Bank of Madras (1843) were reorganized and amalgamated to form a single banking entity?
• The main function of NABARD is to provide refinance for rural credit disburse by the_______and other financial institutions as may be approved by the Reserve Bank of India:
• Credit Information Bureau India Limited is India’s first credit rating agency which was incorporated in the year……
• ------- is the deliberate attempt by the central bank to influence the volume of credit available in the country.
• ----- is a loan for short term temporary financing for Business firms .
• A bank is a financial intermediary because
• Export-Import (EXIM) Bank of India is the principal financial institution set up in
• SIDBI is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank of India
• “Scheduled bank” in India means a bank _____.