Question

………… source of finance can be classified as owned funds.
(a) Equity Shares (b) Debentures (c) Commercial Paper (d) Public Deposits

Answer 1

Answer:

commercial paper

Explanation:

On the basis of ownership, the sources can be classified into 'owner's funds' and 'borrowed funds'. ... The sources for raising borrowed funds include loans from commercial banks, loans from financial institutions, issue of debentures, public deposits and trade credit.

Answer 2

Equity shares are a source of finance that can be classified as owned funds

• owned funds in simple means the fund that is owned by the individual
• they can even be regarded as the banks own capital
• they include the aggregate equity, preference shares, capital reserves which exclude reserves made by the revaluation of an asset, the balance of share premium and free reserves

Thus, the answer is Option A, Equity shares