App Logo

No.1 PSC Learning App

1M+ Downloads
Overnight cash retention limit has to be fixed based on :

AAverage receipt of cash

BAverage payment of cash

CAverage receipt & payment of cash

DNone of these

Answer:

B. Average payment of cash


Related Questions:

_____________ expenditure incurred for purchasing or manufacturing of Assets
An entry with more than one debitor credit is known as:
Fixed assets are recorded in the books at original cost :
Income tax paid on behalf of the proprietor:
In the case of recurring deposits, interest is compounded .....................