CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Who provides credit facility to the retailers?

A
Producer
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Wholesaler
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Manufacturer
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Consumer
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Wholesaler
Wholesalers help retailers financially. They finance retailers when they run short of money to buy their required products. So they give credit to the retailers during their hard times. They even provide advance money to the manufacturers to ensure a smooth business process.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Wholesalers - Their Role In A Market
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon