What are the 3 areas of business finance?
The three areas of business finance are as follows: Corporate finance Risk management Financial markets and investments Also read: Sources... View Article
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What are the types of business finance?
The different types of business finance are as follows: Debt finance Asset based lending Equity finance Angel investors Also read:... View Article
What are the top 2 benefits of digital payment?
The top 2 benefits of digital payment are as follows: Increases security Fast and convenient payment Also read: Types of... View Article
What is the full form of POS?
POS stands for Point of Sale. POS terminals can be seen in malls, shops, business establishments and serve as a... View Article
Is NEFT a digital form of payment?
Yes, NEFT is a digital form of payment that enables transfer of money between two accounts. Also read: Types of... View Article
What are the types of digital wallet?
The types of digital wallet are: Closed wallet Semi-closed wallet Open wallet Also read: Types of Digital Payments Scope of... View Article
What are sources of business finance?
The sources of business finance are: Retained earnings Equity Venture capital Angel investors Debt Debentures Also read: Sources of Business... View Article
What does IMPS stand for?
IMPS stands for Immediate Payment Service. It is an instant transfer service that enables immediate payment between two bank accounts.... View Article
What does NEFT stand for?
NEFT stands for National Electronic Funds Transfer. It is an electronic payment system that is maintained by the RBI and... View Article
What does NACH stands for?
NACH stands for National Automated Clearing House. It is a centralised system developed by the NPCI (National Payments Corporation of... View Article
What does UPI stand for?
UPI stands for Unified Payments Interface. It is a type of instant payment system that was developed by the NPCI... View Article
What are the various types of electronic fund transfers in India?
The various forms of electronic fund transfers in India are: NEFT RTGS IMPS UPI Also read: Types of Digital Payments... View Article
Is credit or debit card a form of digital payment?
Yes, payments made through credit and debit cards are considered as digital payments. Also read: Types of Digital Payments Scope... View Article
Are mobile wallets a form of digital payment?
Yes, mobile wallets are a form or type of digital payment method. Also read: Types of Digital Payments Scope of... View Article
What are the types of payments?
The different types of payments are: Cash payment Cheque payment Payment by NEFT or RTGS or IMPS Payment by money... View Article
What are the different types of digital payments?
The various kinds of digital payments are as follows: Card payments UPI payments USSD or Unstructured Supplementary Service Data PoS... View Article
What is the difference between loan and cash credit?
The difference between loan and cash credit is that cash credit is a type of short term loan while loan... View Article
Can we withdraw cash from a CC account?
Yes, cash can be withdrawn from the CC (Cash credit) account, but there are certain limitations on the amount that... View Article
What are the advantages of cash credit?
Cash credit offers the following advantages: Helps in fulfilling the working capital requirements. Interest payable only on the amount utilised.... View Article
What is CCL in banking?
CCL stands for Cash Credit Limit. Also read: Difference Between Cash Credit and Overdraft Difference Between Shares and Debentures What... View Article
