Home › Bihar Board Class 12 (Commerce) › Business Studies › Nature and Purpose of Business › Banking and financing institutions remove which …
Banking and financing institutions remove which hindrance in exchange?
APersons
BPlace
CFinance
DTime
Answer & Solution
Correct answer: C. Finance
Banks supply the capital needed for trade, which removes the hindrance of finance.
Related questions
Availability of raw materials and power supply mainly influences which decision?Which factor should an entrepreneur decide first when starting a business?An entrepreneur is described as a job-provider rather than what?The business unit resulting from entrepreneurship is called what?The process of setting up one's own business is called what?Dishonesty or carelessness of employees is which cause of business risk?Flood, earthquake and famine are what kind of cause of business risk?Which principle says higher risk can bring higher profit?