The purpose of accommodation bill is-

To finance actual purchase or sale of goods.

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To raise finance.

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To facilitate trade transmission

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None of the above

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Solution

The correct option is B
To raise finance.

The purpose of accommodation bill is to raise finance.

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Similar questions

Because of festive season Bhuvan Garments received double orders. Advice the company the various sources of finance, which can be used to raise necessary finance for this purpose.

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The purpose of accommodation bill is-

The correct option is B To raise finance. The purpose of accommodation bill is to raise finance.

The correct option is B
To raise finance.

The purpose of accommodation bill is to raise finance.