Question

Describe briefly bank draft, banker’s cheque, bank overdraft and cash credit

as types of banking services.
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Answer 1

Answer:

* Bank draft : is a check which provided to customers to withdraw or transfer money from one bank to other

* Bank overdraft : occurs when all the money withdrawn and balance becomes zero

* cash credit : in this money is withdrawn from the current account without having credit balance

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Answer 2

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Sulfuric acid is sometimes referred to as the “king of chemicals” because it is produced worldwide in such large quantities. In fact, per capita use of sulfuric acid has been taken as one index of the technical development of a country. Annual production in the United States, which is the world’s leading producer, is well over 39 billion kg (86 billion pounds). It is the cheapest bulk acid.