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What is one of the key differences between cash credit and overdraft facilities in commercial banks?a) Cash credit is only available to businesses.b) Overdraft does not charge interest.c) Overdraft allows withdrawal beyond the account balance.d) Cash credit requires a fixed collateral.Correct answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about What is one of the key differences between cash credit and overdraft facilities in commercial banks?a) Cash credit is only available to businesses.b) Overdraft does not charge interest.c) Overdraft allows withdrawal beyond the account balance.d) Cash credit requires a fixed collateral.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is one of the key differences between cash credit and overdraft facilities in commercial banks?a) Cash credit is only available to businesses.b) Overdraft does not charge interest.c) Overdraft allows withdrawal beyond the account balance.d) Cash credit requires a fixed collateral.Correct answer is option 'C'. Can you explain this answer?.

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