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State whether the following statement is true or false. Cash credit is given against hypothecation of goods or any security - Secretarial Practice

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Question

State whether the following statement is true or false.

Cash credit is given against hypothecation of goods or any security

Options

  • True

  • False

MCQ
True or False

Solution

Cash credit is given against hypothecation of goods or any security. - True

shaalaa.com
Sources of Borrowed Capital - Commercial Banks
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Chapter 2: Sources of Corporate Finance - Exercises [Page 36]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. D) 6. | Page 36
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