A. surrendered B. cashed C. discounted ✓ D. accepted The answer to the question is: C. discounted When...
bank
A. monetary policy ✓ B. export policy C. fiscal policy D. import policy The answer to the...
Bank is a commercial institution which performs various financial activities, e.g. accepting and handling...
Merchant banks are financial institutions which perform specialised functions, such as acceptance of bills...
Development banks are specialised financial institutions which provide long-term credit or loan to other...
Bank clearing house is an institution established by member banks to simplify exchanging and...
Central bank is the highest financial institution in a country which carries out the...
The Bill of Exchange Act defines a cheque as: “A bill of exchange drawn...
There are three types of account which customers can open in a bank. These...