Question

Select the proper option from the options given below and rewrite the sentence.

Difficulty of finance is solved by __________.

(a) insurance
(b) mercantile agents
(c) banking

Answer 1

Difficulty of finance is solved by banking.

Explanation:
Finance is the most important input to run any business. The absence of a banking and finance system can obstruct the free movement of goods. An efficient banking facility ensures the easy and ready availability of cheap credit to businessmen and traders, thereby solving the difficulty of finance.
The correct option is C.