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Banks advance loans to its customers up to a certain amount, if there are no deposits in the current account Which of the following is

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Banks advance loans to its customers up to a certain amount, if there are no deposits in the current account Which of the following is being referred to? O a. Long Term Loans O b. Fixed Deposit O c. Bills of Exchange O d. Overdraft In which type of brokerage account the brokerages charge low interest on margin loans to encourage investors to buy on margin price of security and commission of broker. O a. Margin Account O b. Cash Management Account O c. None of the options O d. Discretionary Account In party funds are transferred when one party purchases financial assets previously held by another O a. Medium of exchange O b. Financial instruments O c Financial institutions O d. Financial markets

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