Banks settle their indebtedness in the
...Banks settle their indebtedness in the
discount house
stock exchange market
commercial bank
clearing house
Correct answer is D
A clearing house is a bankers' establishment where cheques and bills from member banks are exchanged, so that only the balances need be paid in cash.
A function generally performed by authorities of both the air and seaport is the? ...
Which of the following is not concerned about consumer protection? ...
Which of the following refers to all the resources used in creating utilities? ...
The form of advertising which aims at wining the market for one particular brand is known as? ...