Home › Bihar Board Class 12 (Commerce) › Business Studies › Sources of Business Finance › Medium-term finance is needed for more than one …
Medium-term finance is needed for more than one year but less than how many years?
AFive
BSeven
CTen
DThree
Answer & Solution
Correct answer: A. Five
The medium-term band runs from over one year up to under five years.
Related questions
Which is true of the choice of a source of funds?Short-term financing mostly funds which kind of asset?Besides finance, development institutions also provide what?Financial institutions mainly meet which type of requirements?Government financial institutions are also called what?Before sanctioning a loan, a commercial bank requires the borrower to do what?A bank loan does not need which formality?A merit of bank loans is that business secrecy is what?