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Business Studies · 2024 · 1 mark
CBSE 2024 · Region 5 · Set 1 · Q10
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): Availability of…
Read the following statements :
Assertion (A) and Reason (R). Choose the correct alternative from those
given below :
Assertion (A) : Availability of leasing facilities may reduce the funds
required to be invested in fixed assets thereby reducing the fixed
capital requirements.
Reason (R) : When an asset is taken on lease, the firm pays lease rentals
to use it and avoids to invest huge sums required to purchase it.
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Marking-scheme solution
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the
correct explanation of Assertion (A)
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CBSE Class 12 Business Studies past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.