Science, asked by kspatil2979, 11 months ago

Match the column and choose the correct match Column-I Column-IIA. Fiduciary Money I. Commercial BanksB. Financial informal Institution 2. Future payments C. Deffered Payments 3. Money accepted on trust basisD. Collateral 4. Security provided by borrower against a loan

Answers

Answered by subramanyak097
0

Answer:

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Answered by topwriters
0

A - 3

B - 1

C - 2

D - 4

Explanation:

A. Fiduciary Money 3. Money accepted on trust basis

B. Financial informal Institution 1. Commercial Banks

C. Deffered Payments 2. Future payments

D. Collateral 4. Security provided by borrower against a loan

Fiduciary  money refers to money accepted on the basis of trust.

Commercial banks are financial information institutions.

Deferred payments will accumulated and affect the future payments.

A collateral is the security provided by a borrower against a loan.

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