A. transaction
B. turnover
C. transfer
D. cash received
Correct Answer:
Option B – turnover
Explanation
Charge on turnover (COT) also known as Commission on turnover are charges a customer incurs for debit transactions (transaction involving withdrawals and/or operating cost to the bank) from his current account.
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![Two identical charges situated 20cm apart in vacuum repel each other with a force of 1.0N. Calculate the value of each other with a force of 1.0N. Calculate the value of each charge. [(14 πεo)‾¹ = 9 x 10^9 Nm²C‾²]](https://erudites.ng/wp-content/plugins/contextual-related-posts/default.png "Two identical charges situated 20cm apart in vacuum repel each other with a force of 1.0N. Calculate the value of each other with a force of 1.0N. Calculate the value of each charge. [(14 πεo)‾¹ = 9 x 10^9 Nm²C‾²]")