Q2 F of 23 Page 145

Answer the following questions in two to three sentences each.

Give the names of any three organizations in the field of ‘Mutual funds’


Mutual fund is a way of raising the money by investing the investor's money in stocks and bonds and gaining profit. Few mutual funds organization in India are

• LIC growth fund


• HDFC income fund


• Bajaj Allianz


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2 D

Answer the following questions in two to three sentences each.

Why business concerns require short term finance?


 2

Answer the following questions in two to three sentences each.

What do you mean by long term finance?


 3

Answer the following questions, each in about eight to ten sentences.

What is the role and importance of finance to business concerns?


 3

Answer the following questions, each in about eight to ten sentences.

Explain briefly the purposes for which long term finance is required by business concerns?