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  • Legal and Regulatory Aspects of Bank - 2 (JAIIB)
  • Which of the following cannot be deemed to be a contingen...
Multiple choice

Which of the following cannot be deemed to be a contingent credit facility?

  1. Letter of credit

  2. Bank guarantee

  3. Co-acceptance

  4. Overdraft which is not availed

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Correct Answer: Overdraft which is not availed

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