Question

Name the capital which is used for holding current assets such as stock of materials, bills receivables and meeting current expenses.

a Fixed capital
b Working capital
c Seasonal capital
d Recurring capital

Answer 1

Answer:

seasonal capital

Explanation:

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Answer 2

(b.working capital)

Funds which are used for holding current assets such as stock of material, bills receivables and for meeting current expenses like salaries, wages, taxes, and rent is known as working capital of an enterprise.