Multiple choice

Contra transaction happens when

  1. cash is deposited in the bank

  2. cash is withdrawn from the bank

  3. both (1) and (2)

  4. none of these

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

Contra transaction is in both cases, when cash is deposited in the bank as well as withdrawn from the bank. So the correct answer is option -3.