Social Sciences, asked by tiwaryalok38, 5 months ago

Raju takes a loan of 1 lakh from a bank for his production needs. He utilises the money

efficiently ,makes profit and repays the loan with interest on time as per the credit terms .

The role of credit in this scenario is

A. To help Mohan in the production

B. To help Mohan meet his basic needs

C. To increase the Liability on Mohan

D. To get interest income from Mohan

Answers

Answered by Maczi

1

Answer:

A

Explanation:

Because he didn't make any profit out of it

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