Solve 2011 CBSE : Commerce Set I question paper
1. Which of the following is a source of long term finance ? 1
(A) Cash Credit
(B) Bank Overdraft
(C) Issue of shares
(D) Loan from friends for one year
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2. Which of the following is the source of finance of Owned Fund ? 1
(A) Long term loan from Bank
(B) Retained earnings
(C) Loan from LIC
(D) Issue of Debentures
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3. Issue of Debentures is a source of finance for
(A) Cooperative Societies
(B) Private Limited Companies
(C) Joint Stock Companies
(D) Partnership Firms
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