If an account holder withdraws more money from a bank account than has been deposited in it, then it is called __:

If an account holder withdraws more money from a bank account than has been deposited in it, then it is called __:
[A]Cash credit
[B]Advance
[C]Overdraft
[D]Demand Draft

Overdraft
If an account holder withdraws more money from a bank account than has been deposited in it, then type of facility is called overdraft facility.

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This question "If an account holder withdraws more money from a bank account than has been deposited in it, then it is called __:" was published on GKToday on May 17, 2015 at 4:49 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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