Question

Give any one source of long-term financial needs.​

Answer 1

Answer:

Capital market, special financial institution, banks, non-banking financial companies, retained earnings and foreign investment and external borrowings are the main sources of long- term finances for companies.

Explanation:

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Answer 2

Special financial institutions such as NABARD can provide long-term capital.

Explanation:

• The long-term financial needs of a firm can be met with the help of special financial institutions.
• Special financial institutions such as NABARD are established by the government to assist businesses in their capital needs.
• These institutions provide loans to businesses at very reasonable rates which are generally lower than the market rate of interest on loans.
• In addition to capital needs, these special institutions also assist businesses in other facets such as by providing them training and know-how of technology.