Question
Usually in Overdraft, to protect the interest of the banker, they levy - ------------------ Discounting of Bills of Exchange is an arrangement under which an banks takes a bill of exchange maturing with a short period of
[A] 20 days or 40 days
[B] 50 days or 100 days
[C] 60 days or 90 days
[D] 35 days or 75 days
Answer & Explanation Answer: [60 days or 90 days]