Meghana has taken a loan of 6 lakhs from the bank to purchase a house. The annual
interest rate on the loan is 14% and the loan is to be repaid in 12 years in monthly
instalments. Meghana had to submit to the bank documents showing her employment
records and salary before the bank agreed to give the loan.
Analyse the loan information given above considering one of the following
correct option
A
Interest on loan
B.
Informal source of loan
C.
Formal source of loan
D.
None of the above​




please help

Answers

Answer 1

Answer:

C.

Formal source of loan

Explanation:

From the loan Meghana took from the bank, it showed that, she obtained it from an official source which happens to be a loan. The bank do not run a charity organisation but a full fledged business with other customer's money.

In other to meet up with the expenses and still pay interest to people who deposited money in their bank, there is need to charge interest to those who took out money from them as loan.


Related Questions

What is the marginal cost of buying the black head wraps ?They are $2.00 and buy one get one 50% off

Answers

If u were to buy both it would be 3 dollars

2 dollars plus 2 x .5 = 3

The capital city of Australia is Canberra.

fact or opinion?

Answers

Answer:

fact

Explanation:

because it doesn't say i or my o

How is it currently not sustainable?

Answers

Answer:

What is?

Explanation:

If it's a relationship then that's tuff

I NEED HELP PLEASE THIS IS DUE IN LESS THAN 5 MINUTES

Ancient Greece was involved in maritime trade, which is trade overseas. Explain why they would use maritime trade.

Answers

Answer: So they could survive and shi

Explanation:

Trade was a fundamental aspect of the ancient Greek world and following territorial expansion, an increase in population movements, and innovations in transport, goods could be bought, sold, and exchanged in one part of the Mediterranean which had their origin in a completely different and far distant region. Food, raw materials, and manufactured goods were not only made available to Greeks for the first time but the export of such classics as wine, olives, and pottery helped to spread Greek culture to the wider world.

what is inclusiveness .​

Answers

Answer:

The action of making a person feel included and comfortable around you.

Answer:

the practice or policy of providing equal access to opportunities and resources for people who might otherwise be excluded or marginalized, such as those having physical or mental disabilities or belonging to other minority groups.

"the school promotes an attitude of tolerance and inclusiveness"

ORRR

the quality of covering or dealing with a range of subjects or areas.

"the most useful feature of the book is probably its inclusiveness"

The definition of inclusiveness is an aura or environment of letting people in and making them feel welcome. An example of inclusiveness is when you make your home a comfortable place for all of your friends, family, guests and people you meet.

Write a letter to your friend state the types and importance of communication.​

Answers

Explanation:

hello ....................

How do weathering, erosion, and deposition slowly change the surface of earth ?

I need help:/

Answers

Sediment is created through the process of weathering, carried away through the process of erosion, and then dropped in a new location through the process of deposition. When wind and water slow down, they drop the sediments they are carrying.

Determination ( example and description)


Inspiration (example and description


Answers

Answer:

Determination is defined as a firm intent or a decision which has been reached. An example of determination is the strength to keep applying for jobs after being turned down by dozens of potential employers. An example of determination is a jury's verdict in a trial. Firmness of purpose; resolve.

The definition of inspiration is a person or thing that excites or stimulates, or inhaling. An example of inspiration is a documentary about Buddhism motivating someone to study about Buddhism. An example of inspiration is breathing in through your nose and out your mouth.

Explanation:

Paraphrase What is an example of a
government limit on the use of business
property?

Answers

Answer:  For example, the government, through its power of eminent domain, can take property for a public purpose so long as it fairly compensates the owner pursuant to the Fifth Amendment to the US Constitution.

TRUE OR FALSE? The world's first democracy began in Corinth.
Explanation?

Answers

Answer:

The answer is false, as the correct answer is Athens.

Explanation:

Corinth actually had a totally different political system. They were more close to Sparta's political views as they were the part of Peloponnesian alliance. Athens started developing as a democracy when the reforms of Clisthenes and Solon were introduced in the 6th Century, while later in the 5th Century it reached its peak.

who is wiliber a son of shepherd
Name the shepaered​

Answers

Answer:

I think it's The name Shepherd is a boy's name meaning "sheep hearder".

Shepherd is an occupational surname with a pleasant pastoral feel. It was chosen for their son by the Jerry Seinfelds, which might inspire others to follow their lead.

Explanation:

Which option best describes your approach to taking notes as you read?
A. I do not take notes when I read.
B. I take notes, but I am unsure whether my notes include all the important information.
C. I take good notes that help me remember important information.

Answers

Answer:

C.  I take good notes that help me remember important information.

Explanation:

Answer:

C

Explanation:

How did the spread of industrialization impact science, culture,
and society?

Answers

Answer:

increased material wealth, restructured society, and created important new schools of philosophy

Explanation:

SOS HELP THIS IS DUE TODAY

Answers

Answer:

i believe the answer to the first question is A.

and the answer to the second one i believe is B.?

Explanation:

i am not fully certain, but if they are wrong, can you tell me so i can improve my skills.

have a nice day

What body system helps to move the food we eat throughout the digestive system

Answers

Answer:

Digestion moves the food through the (Gl) tract (gastrointestinal)

Explanation:

Two reasons why Bolivar was an unpopular leader were:
1.his stand on freedom
2.he was not in the country frequently
3.he was too soft
4.he was a tyrant

Answers

Answer:

Two reasons why Bolivar was an unpopular leader were:

1. his stand on freedom

2. he was a tyrant

Explanation:

Simon Bolivar was a Venezuelan army and political head. He performed an essential function in the establishing of Venezuela, Ecuador, Panama, Bolivia, Peru, and Colombia as sovereign nations. Liberty was his primary purpose. He defined liberty as "the only thing deserving the sacrifice of man's life'. According to him, freedom was the liberation of a colonial government.

Two reasons why Bolivar unpopular leader was that he was a dictator and his opinion on freedom.

difference between Human resource developmentand Human resourcenmanagement.
plz plz help mei am in hurry plz answer it as far as possible​

Answers

Answer:

Explanation:

Human resources (HR) is an important part of many organizations, regardless of size or industry. The HR department serves as the link between the organization and its employees—and ensures that both are set up for success. HR managers oversee, design and implement all processes within the HR department, from payroll to onboarding.Within the broad realm of human resource management (HRM) is human resource development (HRD). HRD is primarily concerned with each employee’s personal and professional growth—and tries to align their development with an organization’s goals. While HRM and HRD have a lot in common, they also have slightly different objectives. In this guide, we’ll dive into these objectives and highlight the differences between the two disciplines. Human resource development is primarily concerned with training employees and aligning their personal development goals with the broader goals of the organization or business. Human resource management has a broader focus on labor relations, compensation, benefits and compliance.HR managers also work on issues like diversity and inclusion.While these two areas are distinct, there are a number of similarities between them. For instance, they both involve problem solving. HR managers may be called upon to resolve conflicts in an organization when they arise, and these often require creative, thoughtful solutions. Likewise, HR developers may be tasked with designing new methods and systems of training, involving a similar exercise in problem solving. Because both roles involve working with people, possessing interpersonal skills may prove helpful in the development and managing of healthy relationships between employees and an organization HR managers oversee a wide variety of tasks, including recruiting and onboarding employees, developing talent, and making sure that the organization is meeting legal obligations as they relate to employment External link . Often, they assist other managers throughout the company with employment-related concerns and help resolve any disputes that arise between staff members. These professionals also work alongside an organization’s leaders to implement effective strategies for managing employees and helping them grow professionally.While some organizations may have only one human resource manager, others may designate several managers to oversee specific areas within the department. Managerial roles within HR may have different titles, including employee relations manager, payroll manager, and recruiting manager.

state the importance of employment in alleviating poverty execpt for generation of funds and industrial growth​

Answers

Answer:

The importance of employment in alleviating poverty except for generation of funds and industrial growth​ is described below in detail.

Explanation:

Employment can support to mitigate poverty through the subsequent means: Provision of revenue for the family: When the breadwinner of the family is productively employed he or she will be capable to satisfy the basic, and future requirements of the family e.g. requirement of food, return of school fees, etc.

Answer:

i hope it helped u,

Which theory of organizational behavior suggests that people are not inherently better than others but may perform better in a given job or situation due to the combination of person and situation factors involved

Answers

The theory of organization is the

Human Relations Management theory.

Organizational behavior is the study of the unique attributes of people that could influence their productivity in the workplace.

The Human Relations Management theory is one of the organizational theories that stresses the importance of seeing employees as unique individuals whose abilities can be improved through their peers, the organization, and their supervisors.

This connotes the ideas that no one is born with inherent abilities. Rather, abilities can be improved through motivation and encouragement from others.

The theory was developed through a series of experiments conducted at the Hawthorne plants in the 1920s.

Learn more about organizational behavior here:

https://brainly.com/question/6530083

Help pls I need 4 answers to these 4 questions!
the French Revolution and Napoleon

Answers

Answer:

gg

Explanation:

Answer: Were is the ? ur talking about

3 positive impact of social inclusion.​

Answers

Answer:

- People are less likely to experience discrimination-based adversity.

- People are less likely to experience discrimination in the first place.

- It will increase people's capacity to seek employment or gain longer working hours.

Hope this helps:)

What did Caesar’s assassin believe they would be seen as?

Answers

Answer:A good person?

Explanation:

Which statement BEST explains the effect of the boll weevil on Georgia's economy?
Group of answer choices

It destroyed cotton crops.

It was beneficial to the soil.

It killed weeds but helped peaches.

It could not be killed by pesticide.

Answers

Answer:

It destroyed cotton crops.

Explanation:

Boll weevils actually ate the cotton crops and were a pest for plantation owners.

Answer: it destroyed crops

What does this diary entry suggest about us mobilization during the war

Answers

Answer: ur welcome

Explanation:The federal government reorganized existing factories and manufacturing plants to produce goods and services for the war effort.

The Government also instituted policies to ration important war materials and foods and redirect resources.

Answer:

Americans continued to receive combat training late into the war.

Explanation:
I got it right!

• How did westward expansion lead to increased conflicts between the North and South over slavery? What compromises did the North and South attempt to make?​

Answers

Answer:

Expansion lead to economic promise and fueled the manifest destiny

Explanation:

The north contained a lot of abolitionists while the south was commonly pro-slavery, this increased sectional tension because each side wanted to see their ideals extended into the west.

The north and the south were divided as the condemners and the supporters of the slavery and the slave system in the European countries and these things mainly contributed.

Slavery refers to the domination of a powerful man to the weaker sections of the society and exploiting of the weaker sections to their advantage and getting their things done.

People belonging had different ideologies towards slavery system in the world especially in the united states of America. Generally, the condemners of the slavery system were considered to be from the north America.

Whereas people in the southern part of the united states of America had their own thinking and were considered to be pro-slavery ideologists. In the modern world however, they were highly opposed globally.

Slavery system shall be ideally abolished as the law provides equality to every citizen of the country and there can be no better way of experiencing the ideal world.

Hence, there were conflicts in the people from the north and the south due to differences of opinion regarding slavery.

To know more about slavery, refer to the link below

https://brainly.com/question/9331183

It’s science but pls help me

Answers

Answer:

k

Explanation:

good to know..................

Whose efforts gave the United States claims in Oregon?

Answers

Answer:

President Polk

Explanation:

Answer:

President Polk or John Jacob Astor

Explanation:

In the quiz its either one of them because they said President polk supported the westward movement.

Hope this helps:)

Which water usage requires the most water in a year in the United States?


irrigation


industry


livestock


public water supply

Answers

Irrigation requires the most water in a year I’m the U.S.
I looked it up and it said lrrigation

The overall population of Lithuania has been decreasing in recent years.

fact or opinion?

Answers

It's is a fact, not an opinion

Which of the following is true of a market economy, but not true of a communist system?

Answers

Hello. You did not present the answer options, which makes it impossible for your question to be answered accurately.

However, we can say that the biggest elements that exist in a market economy, but do not exist in a capitalist system is the production of goods and services determined by the concepts of demand and supply. This is because in the market economy, the production of goods and services is determined by these two elements, whereas in the communist system, this production is determined by the government.

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