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A township project needs several crores that the promoters cannot arrange. The idea is dropped for lack of:
APhysical feasibility
BFinancial feasibility
CTechnical feasibility
DEconomic feasibility
Answer & Solution
Correct answer: B. Financial feasibility
1. Every business activity needs funds.
2. The outlay is beyond reach.
3. It lacks financial feasibility.
_Source: NCERT Class 11 Business Studies, Chapter 7, Formation of a Company._
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