Q1 E of 23 Page 145

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 ___________.


Stock

Explanation: Stocks are smaller units of any company which people can buy and by means of that the company raise money for their long term expense.


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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 D

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

For immediate needs the business institutions get credit from ____________.


 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 ___________.


 1

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

The IFCI was started in the year ___________.