Banks generally prefer to extend finances to registered firms only, because:
A. banks will have priority over creditors in case of liquidation of the firm
B. the firm can sue the debtors in case of default on their part
C. banks can sue the firm in case of default
D. the creditors can sue the firm
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
Join The Discussion