BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In backward areas, term loans for expansion or setting up a new unit are available at ____
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concessional terms.
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differential terms.
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standard terms.
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specific terms.
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Explanation:
Detailed explanation-1: -In backward areas, term loans for expansion or setting up a new unit are available at Option A concessional terms. Explanation: Meaning of concessional terms: “concessional terms is the lower rate of interest for the development of the backward area."
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