BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the normal time period range for factoring in India?
|
|
70-80 days
|
|
|
80-90 days
|
|
|
90-120 days
|
|
|
90-150 days
|
Explanation:
Detailed explanation-1: -What is the normal time period range for factoring in India? Notes: Usually the period for factoring is 90 to 150 days. Some factoring companies allow even more than 150 days. Factoring is considered to be a costly source of finance compared to other sources of short-term borrowings.
There is 1 question to complete.