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SAI INTERNATIONAL SCHOOL

CLASSS XI

SUBJECT: BUSINESS STUDIES

CHAPTER -7, Sources of business finance

Topics: Financial Institutions, Commercial Bank, Public Deposits,

Commercial Paper

(HOME ASSIGNMENT--36)

ASSIGNMENT

Multiple questions.

1. Commercial paper is an issued by a firm to raise funds for a short period.

(a) Bills of exchange
(b) Draft
(c) Unsecured promissory note
(d) All of the above

2. New companies generally find it difficult to raise funds through
_________.

(a) Bank
(b) From stock exchange
(c) Public deposits
(d) None of the above

3. Public deposits do not usually create any charge on _____of the company

(a) Shares
(b) Assets
(c) Securities
(d) Cash