Answer / anupam singh

MSOD (Monthly Statement of Drawings) is a statement which comprises information regarding Monthly Sale, Purchase, Stock and debtors.
Bank calculate drawing power of a barrower on the basis of the information provided by the borrower in the MSOD Statement.

Answer / khushboo todi

BANK MSOD IS A KIND OF STATEMENT REQUIRED TO BE PREPARED BY THE BORROEWR FOR SUBMITING IT TO THE LENDER BANK.
BANK MSOD IS PREPARED BY FOLLOWING PRESCRIBED BANKING NORMS.

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