Correct the underlined word and rewrite the following sentence:

i. Accepting deposits is the secondary function of Banks.

ii. Businessman opens Fixed Deposit Account.

iii. Under cash credit facility businessman/account holder can overdraw from his account.

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1 Answers

i. Accepting deposits is the primary function of Banks.

ii. Businessman opens Current Account.

iii. Under an overdraft facility, a businessman/account holder can overdraw from his account.

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