In which situation should an entrepreneur be more careful before taking a loan?
Answer and explanation
Correct answer: जब आय अनिश्चित हो और वापसी योजना स्पष्ट न हो
A loan creates a repayment obligation, usually according to a schedule, whether or not sales meet expectations. If income is uncertain and there is no realistic repayment plan, the enterprise may face cash shortages, penalties, or excessive financial pressure. Regular income, estimates, and tested demand do not remove risk, but they support more informed borrowing.
Frequently asked questions
What is the correct answer to this question?
जब आय अनिश्चित हो और वापसी योजना स्पष्ट न हो
Why is this the correct answer?
A loan creates a repayment obligation, usually according to a schedule, whether or not sales meet expectations. If income is uncertain and there is no realistic repayment plan, the enterprise may face cash shortages, penalties, or excessive financial pressure. Regular income, estimates, and tested demand do not remove risk, but they support more informed borrowing.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Sources of Business Finance. Topic: Borrowed Funds.
