What does 'overdraft' mean?
Correct Answer: Overdraft ka matlab hai ki aapke account mein jo balance hai, usse zyada paisa aapne withdraw kar liya hai.
- Step 1: Understand that a bank account has a balance, which is the amount of money you have.
- Step 2: Know that an overdraft happens when you spend more money than you have in your account.
- Step 3: Realize that this means you are 'over' your available balance.
- Step 4: Understand that banks may allow this but usually charge fees or interest.
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