Economics · Banking and Finance
What is the primary purpose of a commercial Term Loan?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To temporarily purchase standard inventory for regular resale.
- 2To finance day-to-day operating administrative expenses.
- 3To fund long-term investments, fixed asset acquisitions, or capital expenditures.✓
- 4To cover short-term operational cash flow mismatches.
Correct answer
To fund long-term investments, fixed asset acquisitions, or capital expenditures.
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 Banking and Finance MCQs →Want more practice questions on Banking and Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking and Finance