What do you mean by Business Finance? Why are funds required for Busin – InterviewSolution

InterviewSolution

1.

What do you mean by Business Finance? Why are funds required for Business?

Answer»

The money required for business activities is called business finance.

The requirement of funds for business:

1. To purchase fixed assets.

2. To meet daily expenses.

3. For expansion and growth of the business.

Discussion

No Comment Found

Related InterviewSolutions

IFCI provides loan for up to how many years? (a) 5 (b) 10(c) 20 (d) 25
The owner’s fund that is arranged by the owner’s enterprise, those owners are – (a) Sole trader (b) Partnership (c) Company (d) All of the above
Which is not the source of long term finance?(a) Institutional debt (b) Consolidated fund (c) Bills of Discount (d) Foreign Investment
State Finance Corporation provides finance to –(a) Sole trading (b) Partnership (c) Company (d) All of these
State Industrial Development Corporation was established in – (a) 1973 (b) 1964 (c) 1990 (d) None of these
How many types of shares are there?
What is Bank credit? Explain its types.
What do you mean by Business Finance? Why are funds required for Business?
Till what percentage did the government permit equity participation by foreign investors in 34 industries?
The Industrial Investment bank of India was renamed as Industrial Reconstruction Bank of India in the year – (a) 1997 (b) 1985 (c) 2004 (d) 1964