📊 Functional Areas of Business
Q. Trading on equity means
  • (A) Taking advantage of equity share capital to borrow funds on reasonable basis
  • (B) Taking advantage of the conditions prevailing in the capital market
  • (C) Taking advantage of prevailing rate of interest
  • (D) None of the above.
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✅ Correct Answer: (A) Taking advantage of equity share capital to borrow funds on reasonable basis

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