Banking Terms for competitive exams PART-4

• CEPA :- CEPA stands for Comprehensive Economic Partnership Agreement. This agreement was formed on 2009. This agreement was signed between India & South Korea.
• CC :- CC stands for Cash Credit. It is just like a short term loan. A businessman can take this loan to fulfil his requirements of capital. Basically it is a facility provided by a bank to withdraw an amount more than what a person holds to his credit.
• CD :- CD stands for Certificate Deposit. It is just like a saving account. In this, deposits are saved by the bank in lockers and the banks issue the certificate of that deposit.
• CECA:- CECA stands for Comprehensive Economic Cooperation Agreement. This agreement was formed in 2006. This agreement was signed between Japan and India to promote trade.
• CF :- CF stands for Company Finance. It is just like the financial institution. So this institution generates the loan and provides many other credit facilities to the companies.