MCQOPTIONS
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| 1. |
The purpose of providing depreciation on the bank's property is |
| A. | to reduce the profit of the bank |
| B. | to make usual allowances for annual wear and tear |
| C. | to enable the bank to recover tills amount from the Reserve Bank of India |
| D. | to strengthen the financial position of the bank |
| Answer» C. to enable the bank to recover tills amount from the Reserve Bank of India | |