Solve Commerce Question Paper (Set-2) CBSE 2012, given here.
1. Which of the following is a long term finance?
(A) Loan from Bank for 9 months
(B) Issue of shares
(C) Bank overdraft
(D) Cash credit
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2. Which of the following is an owned fund as a source of finance?
(A) Mahajan's loan
(B) Loan on mortgage
(C) Bank loan
(D) Issue of share capital
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3. Issue of debenture is a source of finance for:
(A) Private Ltd. company
(B) Joint stock company
(C) Partnership firm
(D) Cooperative societies
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