Question

The owner of 'Govinda Fertilizers', Rehan has opened a current account in the 'Punjab National Bank'. The customer can often withdraw money from the current account only upto the amount deposited in it. One day he needed money more than the balance in the account. He was worried about how to arrange the money. He needed this amount for about a day or so. One of his friends told him that the customers having a current account in the bank can get the permission to withdraw money more than the balance in the account after making an agreement with the bank. Identify the facility provided by the bank referred to in the above case. *​

Answer 1

Answer:

Loan

Explanation:

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Answer 2

Answer:

anSWER IS BANK OVERDRAFT