The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as…………..

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Q. The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as…………..

(A) Soft loan.
(B) Seed capital.
(C) Capital subsidy.
(D) Bridge loan.

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✅ Correct Answer: (D) Bridge loan.

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