Economics · Economy
In India, a company raises working capital by selling its trade receivables to a financial institution, without any communication or notice being sent to the underlying customers (debtors). This specific arrangement is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Undisclosed Factoring (or Confidential Factoring)✓
- 2Bills Discounting
- 3Recourse Factoring
- 4International Factoring
Correct answer
Undisclosed Factoring (or Confidential Factoring)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy