Q1 D of 23 Page 145

Fill in the blanks with appropriate words in the following statements.

For immediate needs the business institutions get credit from ____________.


Banks and Money lenders

Explanation: Banks and Money lenders are the easiest option to obtain immediate cash by promising certain documents which are required to lend them the money for the business.


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1 B

Fill in the blanks with appropriate words in the following statements.

‘The suppliers of goods raise credit from the buyers,’ it is called ____________.


 1 C

Fill in the blanks with appropriate words in the following statements.

The business concerns raise credit to carry out day to day affairs and is called ___________.


 1 E

Fill in the blanks with appropriate words in the following statements.

The capital of joint-stock companies is divided into small units. They are called ___________.


 1 F

Fill in the blanks with appropriate words in the following statements.

The bank that supplies credit to import and export trade is called ___________.