The rate of interest charged for the loan by the banker compared to overdraft and cash credit is generally.

Related MCQs

• The bank can consider ------------------ lien as their protection against loss on loan or overdraft which was given to its customers.
• The endorsement on the cheque is fictitious and the collecting banker failed to check it the cheque is paid by the paying banker
• When banker received deposits from the customer, then the banker becomes -------------- of the customer.
• When banker received deposits from the customer, then the banker becomes -------------- of the customer.
• When customer's account overdrawn or when customer has taken loan from banker, then the customer.
• The paying banker who makes cash payment of a cross cheque at the counter shall be liable for the loss of
• In case a collecting banker has realized the cheque, he should pay the interest to the customer as per his (customer’s) direction.
• A cheque has been deposited by a customer with his bank for collection. The bank allows overdraft against the security thereof. The bank becomes
• Bank A grants an overdraft to ABC Ltd against book debts. This is secured by:
• The Short-Term Crop Loan given to Farmers are generally for a period of _____?