Advertisements
Advertisements
Question
Commercial banks generally provide long-term loans.
Options
True
False
Solution
This statement is True.
APPEARS IN
RELATED QUESTIONS
Write a short note discounting of bills of exchange.
For which of the following company has to keep it's assets on mortgage?
This implies procuring cash from a bank in exchange for credit instruments.
It is a formal and revolving credit agreement under which the borrower is allowed to borrow upto the specified limit.
______ are generally secured by assets or guarantees.
A company has to meet its short-term financial needs. It is considering whether it should raise loans from commercial banks or invite public deposits. Discuss the merits and demerits of each form.
Term loans are a source of medium-term finance.
State the various forms of borrowing from commercial banks.
What are the advantages of borrowing from commercial banks?
What are the disadvantages of borrowing from commercial banks?
