………..is continues arrangement between a Commercial Bank and a business concern for the purchase of book debt of the business concern. | Faculties

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Mr. Dubey

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📊 Banking Services Management (BSM)

Q. ………..is continues arrangement between a Commercial Bank and a business concern for the purchase of book debt of the business concern.

(A) Leasing
(B) Venture capital finance
(C) Factoring
(D) Credit rating

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✅ Correct Answer: (C) Factoring

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