Which of the following is not an example of means of finance?All of theseLoan against sharesGoods on creditIssue of equity (2024)

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A

Goods on credit

B

Issue of equity

C

Loan against shares

D

All of these

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Solution

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The correct option is C Loan against shares

An entrepreneur should firstly allocate the resources from where he can get finance. It could be loans, self finance, issue of equity, goods on credit, etc. Loans against shares cannot be considered as finance. As he is pledging the shares against a loan

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Which of the following is not an example of means of finance?All of theseLoan against sharesGoods on creditIssue of equity (2024)
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