Business Studies, asked by rathidikshu8950, 19 days ago

…………...is a source of finance that may take control of the assets as a part of the loan
agreement.
(a) Commercial paper (b) Central Bank
(c) Financial Institution (d) Trade Credit

Answers

Answered by Fatimakincsem
0

The central bank is a source of finance that may take control of the assets as a part of the loan  agreement.

Option (b) is correct.

Explanation:

  • The central bank has the privilege to control the flow of money over the distribution and production of money.
  • A central bank implies many monetary policies to manage the flow of the currency.
  • The commercial banking system also plays a significant role in this matter and increases the monetary bases of a union or overseas customers.
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