जॉइन Examsbook
1092 0

प्र: What is ‘Bill Purchase’?

  • उत्तर देखेंउत्तर छिपाएं
  • Workspace

उत्तर :
व्याख्या :

In ‘Bill Purchase’ the loan will be created for the full value of the draft and the interest will be recovered when the actual payment comes. For example, a ‘Sight draft’ is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days along with the principal amount.

पिछला अगला

क्या आपको यकीन है

  त्रुटि की रिपोर्ट करें

कृपया संदेश दर्ज करें
त्रुटि रिपोर्ट सफलतापूर्वक जमा हुई