…………...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
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.
Similar questions