CoolInterview.com - World's Largest Collection of Interview Questions & Answers, FAQs, queries, sample papers, exam papers, dumps, what, why, how, where, when questions
Interview Success Kit - Get Success in Job Interviews Interview Success Kit - 30,000 Interview Que. & Ans.
Covers 30,000+ Interview Questions asked in actual MNC Interviews - all with model answers.

Sponsored Links

Interview Questions
Our Services

INTERVIEW QUESTIONS INDIAN FINANCIAL SYSTEM FINANCIAL SERVICES DETAILS
Question :
State the disadvantages of Hire Purchase System?
Category Financial Services Interview Questions
Rating (4.9) By 22 users
Added on 7/22/2016
Views 511
Rate it!


Answers:

Source: CoolInterview.com

i. Ownership of asset is transferred only after the payment of the last instalment.
ii. The magnitude of funds involved in hire purchase are very small and only small types of assets like office equipment?s, automobiles, etc., are purchased through it.
iii. The cost of financing through hire purchase is very high.

Source: CoolInterview.com



If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-

  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.
  • Name :*
    Email Id :*
    Answer :*
    Verification Code Code Image - Please contact webmaster if you have problems seeing this image code Not readable? Load New Code
    Process Verification Enter the above shown code: *
    Inform me about updated answers to this question

    Related Questions
    View Answer
    State the advantages of Hire Purchase System?
    View Answer
    State the features of Hire Purchase System?
    View Answer
    What is the meaning of Hire Purchase System?
    View Answer
    State the various institutions providing Housing Finance?
    View Answer
    State the Charges and Fees payable for Housing loan?
    View Answer
    Describe the purpose of Housing Finance?
    View Answer
    What is the meaning of Housing Finance?
    View Answer
    State the classification of Loan?
    View Answer
    What is the meaning of Loan?
    View Answer
    State the methods of Venture Capital Financing as per Indian scenario?
    View Answer
    State the advantages of Venture Capital?
    View Answer
    State the features of Venture Capital?
    View Answer
    What is the meaning of Venture Capital?
    View Answer
    State the difference between Bill of exchange and Factoring?
    View Answer
    State the difference between Bill of exchange and Factoring?
    View Answer
    What is the meaning of Bills?
    View Answer
    What is the meaning of Discounting Bill of Exchange?
    View Answer
    State the de-merits of Factoring?
    View Answer
    State the benefits of Factoring?
    View Answer
    State the types of International Factoring?
    View Answer

    Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here Vyoms.com - Best Freshers & Experienced Jobs Website.

    View ALL Financial Services Interview Questions & Answers

    User Options
    India News Network

    Latest 20 Questions
    What is Benefit Test in Taxation?
    Who is Beneficial Owner in Taxation?
    What are Bearer Securities in Taxation?
    What is Base Cost in Taxation?
    What is Base Company in Taxation?
    What are Bank secrecy provisions in Taxation?
    What is Balancing Payment in Taxation?
    What is Bad Debt in Taxation?
    What is Avoidance in Taxation?
    What is Auxiliary Company in Taxation?
    What is Auxiliary Activities Location in Taxation?
    What is Audit in Taxation?
    What is Assessment in Taxation?
    What is Arbitrage in Taxation?
    What is Amortization Method in Taxation?
    What is Amortization in Taxation?
    What is Allowance in Taxation?
    What is Alienation of Income in Taxation?
    What is Aggregation in Taxation?
    What is Agency in Taxation?



    Fresher Jobs | Experienced Jobs | Government Jobs | Walkin Jobs | Company Profiles | Interview Questions | Placement Papers | Companies In India | Consultants In India | Colleges In India | Exams In India | Latest Results | Notifications In India | Call Centers In India | Training Institutes In India | Job Communities In India | Courses In India | Jobs by Keyskills | Jobs by Functional Areas

    Testing Articles | Testing Books | Testing Certifications | Testing FAQs | Testing Downloads | Testing Interview Questions | Testing Jobs | Testing Training Institutes

    Gate Articles | Gate Books | Gate Colleges | Gate Downloads | Gate Faqs | Gate Jobs | Gate News | Gate Sample Papers | Gate Training Institutes

    MBA Articles | MBA Books | MBA Case Studies | MBA Business Schools | MBA Current Affairs | MBA Downloads | MBA Events | MBA Notifications | MBA FAQs | MBA Jobs
    MBA Job Consultants | MBA News | MBA Results | MBA Courses | MBA Sample Papers | MBA Interview Questions | MBA Training Institutes

    GRE Articles | GRE Books | GRE Colleges | GRE Downloads | GRE Events | GRE FAQs | GRE News | GRE Training Institutes | GRE Sample Papers

    IAS Articles | IAS Books | IAS Current Affairs | IAS Downloads | IAS Events | IAS FAQs | IAS News | IAS Notifications | IAS UPSC Jobs | IAS Previous Question Papers
    IAS Results | IAS Sample Papers | IAS Interview Questions | IAS Training Institutes | IAS Toppers Interview

    SAP Articles | SAP Books | SAP Certifications | SAP Companies | SAP Study Materials | SAP Events | SAP FAQs | SAP Jobs | SAP Job Consultants
    SAP Links | SAP News | SAP Sample Papers | SAP Interview Questions | SAP Training Institutes |




    Copyright ©2003-2016 CoolInterview.com, All Rights Reserved.
    Privacy Policy | Terms and Conditions



    Cache = 0.007812 Seconds