Funds required for more than one year but less than five years come from:
ALong-term sources
BShort-term sources
COvernight sources
DMedium-term sources
Answer & Solution
Correct answer: D. Medium-term sources
1. Public deposits and lease financing fit here.
2. Bank borrowings are also used.
3. These are medium-term sources.
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
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