Examveda
Examveda

When is a financial activity considered as the principal business of any entity?

A. Financial assets constitute more than 50 percent of the total assets

B. Income from financial assets constitute more than 50 percent of the gross income

C. Income from financial assets constitute more than 40 percent of the gross income

D. Both A and B

Answer: Option D


This Question Belongs to Commerce >> Banking And Financial Institutions

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