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प्रश्न
Explain four advantages of raising funds from commercial banks.
थोडक्यात उत्तर
उत्तर
Following are the advantages of raising funds from commercial banks :
(i) Raising funds from commercial banks are available for the specified period.
(ii) It provides the benefit of trading on equity.
(ii) Repayment can be made out of future earnings.
(iv) Interest paid on bank loans is deductible for determining taxable profits.
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Loans from Commercial Banks and Financial Institutions - Advantages and Disadvantages
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