Loans from banks is a flexible source of finance-FalseTrue

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Loans from Commercial Banks

Loans from ba...

Question

Loans from banks is a flexible source of finance.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

Similar questions

Explain trade credit and bank credit as sources of short-term finance for business enterprises.

Loans from commercial banks is a flexible source of finance.

A loan from a bank is a ____________ source of finance as the loan amount can be increased according to business needs.

Explain trade credit and bank credit as sources of short term finance for business enterprises.

From which source, a firm can raise long term funds when a loan is not provided by a commercial bank? Discuss its merits.

Join BYJU'S Learning Program