1.

Match the pair :Group ‘A’Group ‘B’(a) Current Account(1) Time Deposits(b) Financial Arrangement(2) ATM, Credit Card and Debit Card(c) Agency Function(3) Demand Deposits(d) Utility Function(4) Collection of Dividend and Interest(e) Cash Credit(5) Bank Overdraft(f) Bill of Exchange(6) Advance against the stock of raw material(g) Letter of Credit(7) Non-negotiable instrument(8) Bank Draft(9) Negotiable Instrument(10) International trade transaction

Answer»
Group ‘A’Group ‘B’
(a) Current Account(3) Demand Deposits
(b) Financial Arrangement(5) Bank Overdraft
(c) Agency Function(4) Collection of Dividend and Interest
(d) Utility Function(2) ATM, Credit Card, and Debit Card
(e) Cash Credit(6) Advance against the stock of raw material
(f) Bill of Exchange(9) Negotiable Instrument
(g) Letter of Credit(10) International trade transaction


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