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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

List down the two types of finance. - Commerce

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Question

List down the two types of finance.

Very Short Answer
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Solution

The two types of finance are:

  1. Long-term Finance → required for acquiring fixed assets.
  2. Short-term Finance → required for meeting working capital needs.
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Steps in Promoting an Entrepreneurial Venture
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Chapter 25: Government Schemes for Entrepreneurial Development - Exercise [Page 236]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 25 Government Schemes for Entrepreneurial Development
Exercise | Q II. 3. | Page 236
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