- Chemical Engineering Basics - Section 1
- Chemical Engineering Basics - Section 2
- Chemical Engineering Basics - Section 3
- Chemical Engineering Basics - Section 4
- Chemical Engineering Basics - Section 5
- Chemical Engineering Basics - Section 6
- Chemical Engineering Basics - Section 7
- Chemical Engineering Basics - Section 8
- Chemical Engineering Basics - Section 9
- Chemical Engineering Basics - Section 10
- Chemical Engineering Basics - Section 11
- Chemical Engineering Basics - Section 12
- Chemical Engineering Basics - Section 13
- Chemical Engineering Basics - Section 14
- Chemical Engineering Basics - Section 15
- Chemical Engineering Basics - Section 16
- Chemical Engineering Basics - Section 17
- Chemical Engineering Basics - Section 18
- Chemical Engineering Basics - Section 19
- Chemical Engineering Basics - Section 20
- Chemical Engineering Basics - Section 21
- Chemical Engineering Basics - Section 22
- Chemical Engineering Basics - Section 23
- Chemical Engineering Basics - Section 24
- Chemical Engineering Basics - Section 25
- Chemical Engineering Basics - Section 26
- Chemical Engineering Basics - Section 27
- Chemical Engineering Basics - Section 28


Chemical Engineering Basics - Engineering
Q1: 'Amortization' in respect of financial obligation of a company means theA liquidation of financial obligations on instalment basis.
B commitment of financial obligation on priority.
C liquidation of all the obsolete equipments of the company.
D modernisation of the plant equipments.
ANS:A - liquidation of financial obligations on instalment basis. 'Amortization' in respect of financial obligation of a company means the liquidation of financial obligations on instalment basis. In financial terms, amortization refers to the process of gradually paying off a debt or financial obligation over a period of time, typically through regular payments or instalments. These payments cover both the principal amount borrowed or owed, as well as any accrued interest. Therefore, the correct option is: liquidation of financial obligations on instalment basis. |


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